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    80 Chatham St Worcester, MA 01609

    For Sale
    $650,000

    Three-family property with strong rental potential near key locations.

    Lot size:
    0.09 Acres

    Property Features for 80 Chatham St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1890

    Source: Real Broker MA, LLC Agent Jim Black Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Three-Family Property

    This well-maintained three-family property presents an opportunity for investors or owner-occupants. The property features two four-bedroom units and one five-bedroom unit, offering rental potential or flexible living arrangements. Hardwood flooring is present throughout most of the units. Updates include two newer hot water tanks, a newer roof and siding, many replacement windows, and new support beams in the basement. All utilities are separately metered. The property is located near Saint Vincent Hospital, Polar Park, Union Station, restaurants, and shopping. Easy access to public transportation and downtown Worcester ensures tenant demand and long-term growth potential. This property may be suitable for expanding a portfolio or offsetting a mortgage by living in one unit and renting the others.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8095089
    Latitude
    42.2627302

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    FAQs

    What type of property is this?
    Triplex - Three-family property with strong rental potential near key locations.
    Where is this triplex located?
    The property is located at 80 Chatham St Worcester, MA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High income potential from two 4-bedroom units and a rare 5-bedroom unit.; - Prime location near Saint Vincent Hospital, Polar Park, Union Station, restaurants, shopping, public transportation, and downtown Worcester.; - Separate utility meters for each unit simplify management.
    (774) 314-9448
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    Worcester, MA 01609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    80 Chatham St Worcester, MA 01609
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