Located at the corner of Chandler Street and Park Avenue, this prime mixed-use property offers an exceptional investment opportunity. The first floor is currently used as a spacious church, with potential for various commercial uses. The second and third floors are successfully rented out on Airbb, generating over $200K in income. The second floor features four bedrooms and two bathrooms, while the third floor offers five bedrooms and two bathrooms, both well-maintained and furnished for maximum guest comfort. This property is ideally situated in the heart of the city, offering easy access to shops, restaurants, and public transportation. With a thriving business on the first floor and lucrative short-term rentals on the upper floors, this property presents a cash cow investment with immense potential. Whether you're an investor or entrepreneur, this versatile property is a fantastic opportunity to generate income in a high demand location
For sale
$1,000,000
227 Chandler St, Worcester, MA 01609
11beds
4,206sqft
Est.:
3 Family - 3 Units Up/Down
Built in 1912
-- sqft lot
$982,300 Zestimate®
$238/sqft
$-- HOA
What's special
- 119 days
- on Zillow |
- 204 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 12:09am
Listed by:
Omar Regalado,
eXp Realty
Source: MLS PIN,MLS#: 73408120
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Features
- Flooring: Wood, Tile, Vinyl, Varies
- Basement: Full,Bulkhead
- Has fireplace: No
Interior area
- Total structure area: 4,206
- Total interior livable area: 4,206 sqft
- Finished area above ground: 4,206
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed
Lot
- Size: 3,631 Square Feet
Details
- Parcel number: M:06 B:012 L:00050,1767228
- Zoning: MG-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Stone
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1912
Utilities & green energy
- Electric: 110 Volts, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Varies per Unit
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $431,900
- Annual tax amount: $5,696
- Date on market: 4/1/2025
- Listing terms: Contract
- Total actual rent: 16600
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