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3 Chelsea St, 
Worcester, MA 01610

$1,000,000


9

Beds


7

Baths


3,652

Sq Ft


Multi-Family

Active

Listed by

Ethan Lazar

Horvath & Tremblay

781-776-4000

Last updated:

May 13, 2026, 10:45 AM

MLS#

73516009

Source:

MLSPIN

About This Home

3 Chelsea St

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.

Home Facts

Multi-Family

7 Baths

9 Bedrooms

Built in 1887

Price Summary

1,000,000

$273 per Sq. Ft.

MLS #:

73516009

Last Updated:

May 13, 2026, 10:45 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

3,652 Sq. Ft.


Structure

Structure

Building Area:

3,652 Sq. Ft.

Year Built:

1887


Lot

Lot Size (Sq. Ft):

8,976


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$273 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.