$1,099,000
$126K PRICE DROP

31 Chrome St Worcester, MA 01604

Franklin Plantation Neighborhood

Estimated payment $6,858/month

Total Views 8,326
10 Beds
4 Baths
4,825 Sq Ft
$228 Price per Sq Ft

Highlights

  • Golf Course Community
  • Property is near public transit
  • Tennis Courts
  • Medical Services
  • Wood Flooring
  • Jogging Path

About This Home

Turnkey 4-family in a prime Worcester location generating impressive cash flow! This mint condition property features three spacious 3-bed units and one 1-bed unit, all expertly updated with separate utilities and in-unit laundry hookups. A brand new rubber roof was just installed, and the property offers rare 3-car off-street parking in a paved driveway plus a garage. Conveniently located near the Mass Pike, I-290, I-190, just 1 mile to commuter rail/Union Station, and minutes to UMass, local hospitals, and top universities. Only 2 miles to Shrewsbury Street for Worcester’s best restaurants, nightlife, and entertainment. Perfect for long-term tenants or short-term rental potential for UMass students or travel nursing. Strong cash flow, minimal upkeep—an ideal investment opportunity!

Listing Agent

Stephanie Lachapelle

Compass Listed on: 05/07/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 1920

Lot Details

  • 4,700 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Cleared Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 4,825 Sq Ft Home
  • Property has 1 Level
  • Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1764744

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 4 Units
  • Net Operating Income $100,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,821

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1920
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer & Dryer Hookup
  • Above Grade Finished Sq Ft: 4825
  • Living Area: 4825
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 227.77
  • PRICE PER Sq Ft: 227.77

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Heating: Natural Gas, Individual, Forced Air
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1764744
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4700
  • Lot Size Units: Acres
  • PAGE: 194

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8821
  • Tax Book Number: 43502

Multi Family

  • Gross Income: 100188
  • Net Operating Income: 100188
  • Number Of Units Total: 4
  • Total Actual Rent: 8349
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $1,099,000 -6.5% $228 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,175,000 -4.1% $244 / Sq Ft
05/07/2025 05/07/25 For Sale $1,225,000 -- $254 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Similar Homes in Worcester, MA

  • 4 Courtland St, Worcester, MA 01602

    $849,900

    • 9 Beds
    • 3 Baths
    • 4,014 Sq Ft
    • 4 Courtland St
    • Worcester, MA

    Prime Investment Opportunity in Worcester’s 01602 Neighborhood!4 Courtland St is a fully occupied 3-family property, each unit offering 3 bedrooms and 1 bathroom, making it a strong cash-flowing asset in a high-demand rental market. The first-floor unit has been newly renovated, allowing for increased rental value and minimal upfront work. With spacious layouts, ample off-street parking, and a

    James Bahnan RE/MAX Partners

    Section Image
  • 94 Hamilton St, Worcester, MA 01604

    $1,050,000

    • 9 Beds
    • 5 Baths
    • 5,402 Sq Ft
    • 94 Hamilton St
    • Worcester, MA

    Step into homeownership with income potential in this 4-unit property! The ground floor features a beloved neighborhood bar that’s been part of the community since 1935, offering the chance to continue its legacy or explore new business ideas. Upstairs, three well-maintained apartments provide steady rental income or the perfect space to live in while your tenants help pay the mortgage. Ideal for

    James Kalogeropoulos RE/MAX Partners

    Section Image
  • 247 Pilgrim Ave, Worcester, MA 01604

    $1,100,000

    • 9 Beds
    • 6 Baths
    • 4,239 Sq Ft
    • 247 Pilgrim Ave
    • Worcester, MA

    Recently remodeled large 3 family with 3 bedrooms 2 full baths in each unit. Central air and gas heat in all units Check out the location of this large three family home in Worcester. Pilgrim Ave, is, short dead-end section off Grafton Street, just a few blocks from Rice Square! The perfect place for an owner occupant OR investor - Three large units, with gas heat (Steam on the first floor, and

    Victor Bortolussi Berkshire Hathaway HomeServices Realty Professionals

    Section Image
  • 14 Gage St, Worcester, MA 01605

    $899,000

    • 12 Beds
    • 4 Baths
    • 5,178 Sq Ft
    • 14 Gage St
    • Worcester, MA

    Amazing opportunity for first-time home buyers and investors alike! This updated 4-family home is located in one of Worcester’s most sought-after neighborhoods and delivers a strong 9.5% cap rate with stable, long-term tenants. Live in one unit and let the rental income from the other three help cover your mortgage—an ideal way to build equity while keeping monthly costs low. The property has

    Rodrigo Azevedo Pablo Maia Realty

    Section Image
  • 37 Vernon St, Worcester, MA 01610

    $750,000

    • 9 Beds
    • 3 Baths
    • 4,410 Sq Ft
    • 37 Vernon St
    • Worcester, MA

    AMAZING OPPORTUNITY for an investor or owner occupied. This truly spacious 3 family property features 6 rooms per unit, 3 bedrooms each (the 3 floor has a bonus room). The property is at excellent commuter location. Just minutes away from highway and few minutes to Polar Park/ Kelley Squire.

    Connie Wu-Liang V & E Realty

    Section Image
  • 30 Loxwood St, Worcester, MA 01604

    $900,000

    • 9 Beds
    • 3.5 Baths
    • 4,176 Sq Ft
    • 30 Loxwood St
    • Worcester, MA

    Well-maintained and updated 3-family home in Worcester, ideal for investors or owner-occupants. Each unit offers 3 bedrooms, with the second floor featuring 1.5 baths. The first and second floors are leased on active 12-month agreements, while the third floor is owner-occupied. All units have lead compliance certificates and have been kept in excellent condition. The first floor is heated by a

    Yudi Ramirez RE/MAX Prof Associates

    Section Image
  • 27 Shelby St, Worcester, MA 01605

    $949,000

    • 11 Beds
    • 4 Baths
    • 5,149 Sq Ft
    • 27 Shelby St
    • Worcester, MA

    Fantastic investment opportunity in one of Worcester’s most desirable neighborhoods! This well-maintained 4-family property offers a strong 9.5% cap rate with solid, reliable tenants and steady income. Each unit is spacious and has been updated in recent years, blending modern comforts with classic charm. Ideal for both seasoned investors looking for a high-yield asset and first-time home buyers

    Rodrigo Azevedo Pablo Maia Realty

    Section Image
  • 42 Bridgeport St, Worcester, MA 01604

    $775,000

    • 9 Beds
    • 3 Baths
    • 4,554 Sq Ft
    • 42 Bridgeport St
    • Worcester, MA

    This expansive 3-unit property boasts approximately over 4,500 sq. ft. of versatile living space, offering a fantastic opportunity for investment or multi-generational living. Each unit is thoughtfully designed with an open-concept dining room and living room, perfect for both relaxation and entertaining. Featuring updated kitchens and bathrooms, as well as a mix of durable vinyl, tile, and

    The Torres Group Property Investors & Advisors, LLC

    Section Image
  • 16 Hillside St, Worcester, MA 01610

    $799,900

    • 9 Beds
    • 3 Baths
    • 4,056 Sq Ft
    • 16 Hillside St
    • Worcester, MA

    Updated three-family in Worcester’s sought-after Vernon Hill neighborhood!* The current owner replaced the roof and installed low-maintenance vinyl siding on three sides while preserving the original architectural details on the front facade* Each spacious 3-bedroom unit features updated kitchens and baths, hardwood floors, and abundant natural light* All units have lead compliance certificates*

    David Stead RE/MAX Partners

    Section Image
See All Homes in Worcester

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73370796

MLS Property Information Network (MLS PIN)

Massachusetts Worcester County Worcester 01604 Franklin Plantation

31 Chrome St, Worcester, MA

This home is located at 31 Chrome St, Worcester, MA 01604 and is currently priced at $1,099,000, approximately $227 per square foot. This property was built in 1920. 31 Chrome St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Grafton Street.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Stephanie Lachapelle
Listing Agent
Stephanie Lachapelle
Section Image
Compass
(508) 978-4394