Fantastic opportunity for investors or owner-occupants! This well-maintained 3-family property features two-4 bedroom and 1 RARE 5 bedroom unit, offering strong rental potential or flexible living arrangements. Hardwood flooring runs throughout most of the units and major updates include 2 newer hot water tanks, roof, siding, many replacement windows and new support beams in the basement. All utilities are separately metered, ideal for landlord utility management or individual tenant billing. Location is 2nd to none with Saint Vincent Hospital, Polar Park, Union Station, restaurants, and shopping at your fingertips. Easy access to public transportation and downtown Worcester ensures high tenant demand and long-term growth potential. Whether you're looking to expand your portfolio w/ a HIGH INCOME PRODUCING addition or offset your mortgage by living in one unit and renting the others, this property checks all the boxes!
This home has been viewed 89 times
Last Checked: November 11th, 2025 at 6:38am (Source: MLS PIN #73381918)
Gross Income: $60,000
Gross Expenses: $10,719
Net Income Calc: $49,281
CAP Rate: 7.58%
Annual Expenses for 80 Chatham St, Worcester MA 01609
Total Gross Expenses (Calculated)$10,719/year
APOD AvailableYes
Heating
Electricity$765
Water
Gas
Insurance$3,992
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,962
Annual Income & Unit Breakdown for 80 Chatham St, Worcester MA 01609
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income$1,500
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,450
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$2,050
LeaseN
Bedrooms5
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 80 Chatham St, Worcester MA 01609
Listing ID73381918
Property TypeMulti Family / 3 Family
Price$650,000 ($155.32/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,185 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking3
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningRG-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 80 Chatham St, Worcester MA 01609
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$10,722
Total Gross Income By Broker$60,000
Total Net Income By Broker$49,280
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 80 Chatham St, Worcester MA 01609
Real Estate Taxes$5,962
Tax Year2025
Assessed Value$452,000
Financial Data Source
Total Gross Expenses By Broker$10,722
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$60,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$49,280
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.58%
Location Information for 80 Chatham St, Worcester MA 01609
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University, Sidewalks
Contact Information for 80 Chatham St, Worcester MA 01609