Well-maintained three-story multifamily property offering an excellent opportunity for both investors and owner-occupants seeking stable rental income and cash flow in the thriving Worcester market. The property features functional layouts, comfortable living spaces, and strong rental appeal. Additional highlights include off-street parking via rear driveway and basement space providing convenient storage and access to mechanical systems. Ideally located near downtown Worcester, major highways, public transportation, hospitals, universities, restaurants, and shopping, this property benefits from strong tenant demand. Worcester’s expanding job market and ongoing development continue to support stable rental income and long-term appreciation potential.
This home has been viewed 7 times
Last Checked: June 16th, 2026 at 4:43am (Source: MLS PIN #73489319)
Gross Income: $87,600
Gross Expenses: $7,805
Net Income Calc: $79,795
Water Views
Annual Expenses for 8 Pelham St, Worcester MA 01609
Total Gross Expenses (Calculated)$7,805/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7805
Annual Income & Unit Breakdown for 8 Pelham St, Worcester MA 01609
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit3
Rent Includes
General Information for 8 Pelham St, Worcester MA 01609
Listing ID73489319
Property TypeMulti Family / 3 Family
Price910000 ($203.72/SqFt)
Style3 Family
CityWorcester
CountyWorcester
MLS AreaDowntown
Neighborhood(s)
Approximate Living Area Total4467
Approximate Lot Size (Acres)0.12
Total Parking5
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 8 Pelham St, Worcester MA 01609
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 8 Pelham St, Worcester MA 01609
Real Estate Taxes7805
Tax Year2025
Assessed Value$591,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 8 Pelham St, Worcester MA 01609
Neighborhood(s)
MLS AreaDowntown
Area AmenitiesWalk/jog Trails
Contact Information for 8 Pelham St, Worcester MA 01609