Opportunities like 31 Chrome Street don’t come around often. If you’ve been searching for a truly turnkey investment where the heavy lifting has already been done, this well maintained 4-family property in the heart of Worcester is the one. This multi-family features three spacious 3-bedroom units and one 1-bedroom unit, al designed for long-term appeal. The setup is a landlord’s dream: every unit has separate utilities and dedicated in-unit laundry hookups. Recent capital improvements provide peace of mind, including a rubber roof installed just over a year ago, a brand-new concrete basement floor, a new hot water tank, and two new refrigerators. Outside, the property offers a rare find for the city: a 3-car paved driveway plus a garage, ensuring parking for tenants. The location is a major driver for consistent, high-quality occupancy. You are positioned just minutes from UMass Memorial, local universities, and the biotech hub, making this an ideal spot for long-term residents, students, or travel nursing professionals. Commuting is a breeze with immediate access to the Mass Pike, I-290, and I-190, and you’re just one mile from the commuter rail at Union Station. When it’s time to head out, the vibrant dining and entertainment scene on Shrewsbury Street is only two miles away. With strong cash flow potential this well maintained property is a strategic addition to any portfolio. Whether you're looking for a reliable income producer or a smart owner-occupant setup, this property is ready to perform.
This home has been viewed 11 times
Last Checked: September 20th, 2026 at 8:03am (Source: MLS PIN #73579910)
Gross Income: $45,744
Gross Expenses: $13,196
Net Income Calc: $32,548
Annual Expenses for 31 Chrome Street, Worcester MA 01604
Total Gross Expenses (Calculated)$13,196/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9056.96
Annual Income & Unit Breakdown for 31 Chrome Street, Worcester MA 01604
Total Gross Income (Calculated)$45,744
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor0
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 31 Chrome Street, Worcester MA 01604
Listing ID73579910
Property TypeMulti Family / 4 Family
Price1195000 ($247.67/SqFt)
Style4 Family - 4 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4825
Approximate Lot Size (Acres)0.14
Total Parking5 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 31 Chrome Street, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsThe Soapstone Sink May Be Removed.
Financial Data SourceEstimated
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 31 Chrome Street, Worcester MA 01604
Real Estate Taxes9056.96
Tax Year2026
Assessed Value$682,000
Financial Data SourceEstimated
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 31 Chrome Street, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 31 Chrome Street, Worcester MA 01604