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*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.
General Information for 1 Cheney St Worcester, MA 01610 |
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| Town | Worcester |
| County | Worcester |
| Stories | 3 |
| SQFT | 4,368 |
| Status | Available |
| Listing Number | 73453782 (MLSPIN) |
Rooms Information for 1 Cheney St Worcester, MA 01610 |
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Interior Information for 1 Cheney St Worcester, MA 01610 |
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| Basement | Full Dirt Floor Unfinished |
| Interior Features | Wood Laminate |
Exterior Information for 1 Cheney St Worcester, MA 01610 |
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| Lot Size | 0.11 acres |
| Construction | Frame |
| Parking | Spaces: 5 Paved Drive Off Street |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 1 Cheney St Worcester, MA 01610 |
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| Neighborhood Amenities | Public Transportation Shopping Park Laundromat Highway Access Public School University Sidewalks |
Miscellaneous Information for 1 Cheney St Worcester, MA 01610 |
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| Year Built | 1915 |
| Association Fee | 0 |
| Taxes | $7,885 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 6,521 |
| Avg Price | $932,947 |
| Avg Days Listed | 104 |
| Total New Listings | 0 |
| House | Data |
|---|---|
| Units | 11,345 |
| Avg Price | $1,226,280 |
| Avg Days Listed | 91 |
| Total New Listings | 4 |
| Multi-Family | Data |
|---|---|
| Units | 2,118 |
| Avg Price | $1,316,225 |
| Avg Days Listed | 111 |
| Total New Listings | 5 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 30 minutes ago |
The property listing data and information 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 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 set forth herein.
(AN6354/CN241902)
