*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.
For sale
Price cut: $15K (12/10)
$785,000
1 Cheney St, Worcester, MA 01610
12beds
4,368sqft
Est.:
3 Family
Built in 1915
-- sqft lot
$778,300 Zestimate®
$180/sqft
$-- HOA
What's special
In-unit laundryWell-maintained three-family homeFive off-street parking spacesSeparate utilities
- 30 days |
- 646 |
- 41 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 08:06pm
Listed by:
Johnny Long 617-275-1415,
PRIVI Realty LLC 508-468-4329,
Johnny Long 617-275-1415
Source: MLS PIN,MLS#: 73453782
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Laminate
- Basement: Full,Dirt Floor,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,368
- Total interior livable area: 4,368 sqft
- Finished area above ground: 4,368
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 5
Lot
- Size: 4,818 Square Feet
Details
- Parcel number: M:07 B:005 L:00031,1768605
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University, Sidewalks
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $597,800
- Annual tax amount: $7,885
- Date on market: 11/12/2025
- Total actual rent: 6189
- Road surface type: Paved
Estimated market value
$778,300
$739,000 - $817,000
$2,645/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $785,000-1.9%$180/sqft |
Source: MLS PIN #73453782 Report a problem | ||
| 11/12/2025 | Listed for sale | $799,999+26.4%$183/sqft |
Source: MLS PIN #73453782 Report a problem | ||
| 2/10/2023 | Sold | $633,000+2.3%$145/sqft |
Source: MLS PIN #73062664 Report a problem | ||
| 12/27/2022 | Contingent | $619,000$142/sqft |
Source: MLS PIN #73062664 Report a problem | ||
| 12/3/2022 | Listed for sale | $619,000+234.6%$142/sqft |
Source: MLS PIN #73062664 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,885 +15% | $597,800 +19.8% |
| 2024 | $6,859 +5% | $498,800 +9.5% |
| 2023 | $6,535 +14.7% | $455,700 +21.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,880/mo
Principal & interest
$3800
Property taxes
$805
Home insurance
$275
Climate risks
Neighborhood: 01610
Nearby schools
GreatSchools rating
- 3/10Goddard School of Science & TechnologyGrades: PK-6Distance: 0.2 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 0.3 mi
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 0.7 mi
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