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

3 Chelsea St

Worcester, MA ID #73516009

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3 Chelsea St

- Worcester, MA ID #73516009

Property Description

This well located 7-unit property at 3 Chelsea St in Worcester, Massachusetts, consists of four studio apartments and two 2-bedroom/1-bathroom units on a 0.21-acre parcel. Each unit is separately metered for heat and electricity, and the owner is responsible for hot water and municipal water & sewer. The property also features two sources of parking income. The five front garage bays are rented to one operator for $700/month and there is a large contractor garage behind the property rented for $750/month. There is an opportunity to dramatically increase rents through systematic improvements to unit interiors. Additionally, the property is situated just .3 miles from the College of Holy Cross. Listed at a 7.8% cap rate at $142,857 per unit, this property represents a strong investment opportunity in the growing Worcester market.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 01610
  • Taxes: 9,771
  • Levels: 5
  • Acres: 0.21

Parking

  • Garage: 5
  • Garage Capacity: 5
  • Parking: Paved,Off Street
  • Parking Spaces: 10

Rooms/Dimensions

  • Total Units: 7
  • Total Floors: 5
  • Total Rooms: 21

Location

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3 Chelsea St, Worcester, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ethan Lazar of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.