Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1 Cheney St

Worcester, MA ID #73453782

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1 Cheney St

- Worcester, MA ID #73453782

Property Description

*Ask about 1st Time Homebuyer programs w/ grants up to $50,000, 3% down payment & closing costs covered* Exceptional investment or owner-occupant opportunity in the heart of Worcester! Perfectly situated just steps from Clark University within the tuition-free zone, this property draws consistent rental demand from students, professionals, and families alike. The well-maintained three-family home offers spacious 4-bedroom units, each with in-unit laundry and separate utilities for added convenience. Enjoy five off-street parking spaces—a rare amenity in this neighborhood. With market rents of approximately $2,500 per unit, the property projects a cap rate of 8–9%. Conveniently located near public transportation, shopping, restaurants, and major highways—this is an exceptional income-producing opportunity in one of Worcester’s fastest-growing areas.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 01610
  • Taxes: 7,885
  • Levels: 3
  • Acres: 0.11

Parking

  • Garage Capacity: 5
  • Parking: Paved Drive, Off Street
  • Parking Spaces: 5

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 18

Location

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1 Cheney St, Worcester, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Johnny Long of PRIVI Realty LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.