1 Cheney St, Worcester, MA 01610
- $785,000
- 12
- BD
- 3
- BA
- 4,368
- SqFt
- Sold Price
- $785,000
- List Price
- $785,000
- Status
- SOLD
- MLS#
- 73453782
- Bedrooms
- 12
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 4,368
- Lot Size (Acres)
- 0.11
- Year Built
- 1915
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.
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Additional Information
- Taxes
- $7,885
- Parking Description
- Paved Drive, Off Street
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Johnny Long from Listing Office: PRIVI Realty LLC.
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