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$1,000,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Units
  • 9 Total Beds
  • 0.21 Acres
  • 5 Car Garage
  • Updated 5 days ago
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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.

Full Property Details for 3 Chelsea St

General

  • Price: $1,000,000
  • Taxes: $9,771 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73516009
  • Updated: 5/11/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Parking Features: Paved Drive, Off Street

Location

  • County: Worcester

Structural Information

  • Stories/Levels: 5
  • Square Feet: 3,652
  • Year Built: 1887

Lot Features

  • Lot Size (Acres): 0.21

Financial Considerations

  • Tax Amount: $9,771
  • Tax Year: 2026

Disclosures and Reports

  • Property ID: M:07 B:036 L:24+31, 1769405

Listed by Horvath & Tremblay, Ethan Lazar

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Listing agent

— 3 Chelsea St —

  • Ethan Lazar

    Horvath & Tremblay

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3 Chelsea St

School District:Worcester School District
NameGradesDistance
Canterbury Street Magnet Computer-Based School
129 Canterbury Street, Worcester, MA 01603
PK-60.4 mi
Jacob Hiatt Magnet School
772 Main Street, Worcester, MA 01610
PK-61 mi
Chandler Magnet School
525 Chandler Street, Worcester, MA 01602
PK-62.5 mi
University Pk Campus School
12 Freeland Street, Worcester, MA 01603
7-120.7 mi
Sullivan Middle School
140 Apricot Street, Worcester, MA 01603
6-82.5 mi
South High Community School
170 Apricot Street, Worcester, MA 01603
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3 Chelsea St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$1,000,000
426.32%
MLS
9/29/2004
Sold
$190,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3 Chelsea St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,924
11%
$449,100
16%
2024
$5,335
-8%
$388,000
-4%
2023
$5,812
8%
$405,300
14%
2022
$5,395
13%
$354,700
20%
2021
$4,794
27%
$294,500
33%
2020
$3,777
-1%
$222,200
5%
2019
$3,809
-2%
$211,600
3%
2018
$3,895
-2%
$206,000
—
2017
$3,959
-1%
$206,000
6%
2016
$4,000
-18%
$194,100
-20%
2015
$4,887
3%
$243,500
—
2014
$4,758
19%
$243,500
13%
2013
$3,991
—
$214,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3 Chelsea St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Horvath & Tremblay, Ethan Lazar

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3 Chelsea St, Worcester, MA 01610 (MLS# 73516009) is a Multi-Family property with 7 units containing 9 bedrooms and 7 full bathrooms. 3 Chelsea St is currently listed for $1,000,000 and was received on May 11, 2026. Want to learn more about 3 Chelsea St? Do you have questions about finding other Multi-Family real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.

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