Seller's Agent in 2025
Omar Regalado
eXp Realty
(774) 351-5085
2 in this area
38 Total Sales
227 Chandler St Worcester, MA 01609
Elm Park Neighborhood
11
Beds
7
Baths
4,206
Sq Ft
3,631
Sq Ft Lot
About This Home
As of November 2025Located 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,697
Year Built
- Built in 1912
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
- Stone
Interior Spaces
- 4,206 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Enclosed Patio or Porch
Additional Features
- 3,631 Sq Ft Lot
- 110 Volts
Community Details
- 3 Units
Listing and Financial Details
- Total Actual Rent $16,600
- Assessor Parcel Number M:06 B:012 L:00050,1767228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Nov 21, 2025
Sold by
Casa De Fe Inc
Bought by
227 Chandler St Llc
Seller's Agent
Omar Regalado
eXp Realty
Buyer's Agent
Cristian Negron Rivera
Daniel Stroe Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$700,000
Outstanding Balance
$700,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,481
Purchase Details
Closed on
Jun 23, 2020
Sold by
Yapor Luis F and Yapor Wanda S
Bought by
Casa De Fe Inc
Purchase Details
Closed on
Jan 11, 1995
Sold by
Hovagimian Araxie Est and Hovagimian
Bought by
Yapor Luis and Yapor Wanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
9.23%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $850,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $175,000 | Commercial | |
| Previous Owner | $118,200 | Commercial | |
| Previous Owner | $44,650 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $975,000 | 0.0% | $232 / Sq Ft |
| 08/26/2025 08/26/25 | Pending | -- | -- | -- |
| 08/25/2025 08/25/25 | Off Market | $975,000 | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $1,000,000 | -- | $238 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $431,900 | $88,800 | $343,100 |
| 2024 | -- | $379,900 | $88,800 | $291,100 |
| 2023 | $0 | $407,700 | $77,200 | $330,500 |
| 2022 | $0 | $325,300 | $61,800 | $263,500 |
| 2021 | $0 | $247,300 | $49,400 | $197,900 |
| 2020 | $5,000 | $211,000 | $45,800 | $165,200 |
| 2019 | $4,752 | $207,900 | $43,300 | $164,600 |
| 2018 | $0 | $203,100 | $43,300 | $159,800 |
| 2017 | $0 | $203,100 | $43,300 | $159,800 |
| 2016 | -- | $180,000 | $33,500 | $146,500 |
| 2015 | -- | $180,000 | $33,500 | $146,500 |
| 2014 | $3,852 | $180,000 | $33,500 | $146,500 |
Source: Public Records
Agents Affiliated with this Home
-
Omar Regalado
-
Cristian Negron Rivera
Buyer's Agent in 2025
Cristian Negron Rivera
Daniel Stroe Realty
(787) 900-7424
1 in this area
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73408120
APN: WORC-000006-000012-000050
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