29
See all 29 photos
$799,999
Est. payment /mo
12 Beds
3 Baths
4,368 SqFt
New
1 Cheney St Worcester, MA 01610
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,368 sqft
Price per Sqft $183
MLS Listing ID 73453782
Bedrooms 12
Full Baths 3
Year Built 1915
Annual Tax Amount $7,885
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 3 Family
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.
Location
State MA
County Worcester
Zoning RG-5
Direction GPS
Rooms
Basement Full, Dirt Floor, Unfinished
Interior
Flooring Wood, Laminate
Exterior
Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University, Sidewalks
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by PRIVI Realty LLC
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