80 Chatham St Worcester, MA 01609
Elm Park NeighborhoodEstimated payment $4,050/month
Highlights
- Golf Course Community
- Property is near public transit
- Tennis Courts
- Medical Services
- Community Pool
- Jogging Path
About This Home
Fantastic opportunity for investors or owner-occupants! This well-maintained 3-family property features two-4 bedroom and 1 RARE 5 bedroom unit, offering strong rental potential or flexible living arrangements. Hardwood flooring runs throughout most of the units and major updates include 2 newer hot water tanks, roof, siding, many replacement windows and new support beams in the basement. All utilities are separately metered, ideal for landlord utility management or individual tenant billing. Location is 2nd to none with Saint Vincent Hospital, Polar Park, Union Station, restaurants, and shopping at your fingertips. Easy access to public transportation and downtown Worcester ensures high tenant demand and long-term growth potential. Whether you're looking to expand your portfolio w/ a HIGH INCOME PRODUCING addition or offset your mortgage by living in one unit and renting the others, this property checks all the boxes!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,962
Year Built
- Built in 1890
Lot Details
- 3,753 Sq Ft Lot
- Level Lot
- Cleared Lot
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 4,185 Sq Ft Home
- Property has 1 Level
- Living Room
- Range
Bedrooms and Bathrooms
- 13 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number M:03 B:026 L:0030A,1764081
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Electric Expense $765
- Insurance Expense $3,992
- Operating Expense $10,722
- Net Operating Income $49,280
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,962 | $452,000 | $40,200 | $411,800 |
| 2024 | $5,451 | $396,400 | $40,200 | $356,200 |
| 2023 | $5,643 | $393,500 | $62,800 | $330,700 |
| 2022 | $4,913 | $323,000 | $50,300 | $272,700 |
| 2021 | $3,668 | $225,300 | $40,200 | $185,100 |
| 2020 | $4,456 | $262,100 | $37,200 | $224,900 |
| 2019 | $4,597 | $255,400 | $39,800 | $215,600 |
| 2018 | $4,347 | $229,900 | $39,800 | $190,100 |
| 2017 | $4,086 | $212,600 | $39,800 | $172,800 |
| 2016 | $4,347 | $210,900 | $25,600 | $185,300 |
| 2015 | $4,233 | $210,900 | $25,600 | $185,300 |
| 2014 | $4,121 | $210,900 | $25,600 | $185,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $670,000 | -0.7% | $160 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $675,000 | -3.6% | $161 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $700,000 | -3.4% | $167 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $724,900 | +159.9% | $173 / Sq Ft |
| 07/12/2018 07/12/18 | Sold | $278,899 | -3.8% | $67 / Sq Ft |
| 04/30/2018 04/30/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | For Sale | $289,899 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | $74,399 | -- | |
| Foreclosure Deed | $74,399 | -- | |
| Foreclosure Deed | $138,750 | -- | |
| Deed | $260,000 | -- | |
| Deed | $134,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $525,600 | Commercial | |
| Previous Owner | $161,500 | Commercial | |
| Previous Owner | $208,000 | Commercial | |
| Previous Owner | $163,800 | Commercial | |
| Previous Owner | $120,600 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73381918
APN: WORC-000003-000026-000030A
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