*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.
For sale
$799,999
1 Cheney St, Worcester, MA 01610
12beds
4,368sqft
Est.:
3 Family
Built in 1915
-- sqft lot
$796,200 Zestimate®
$183/sqft
$-- HOA
What's special
In-unit laundryWell-maintained three-family homeFive off-street parking spacesSeparate utilities
- 9 days |
- 370 |
- 20 |
- Loading
- Loading