1 Cheney St Open House Save Request In-Person Tour Request Virtual Tour
Worcester,MA 01610
OPEN HOUSE
Sun Nov 23, 12:00pm - 1:30pm
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