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1 Cheney StWorcester, MA 01610

For Sale

$799,999

Smart Buyer Rebate $3,500

*Ask about 1st Time Homebuyer programs w/ grants up to $50,000, 3% down payment & closing costs covered* Exceptional investment or owner-occupant opportunity in the heart of Worcester! Perfectly situated just steps from Clark University within the tuition-free zone, this property draws consistent rental demand from students, professionals, and families alike. The well-maintained three-family home offers spacious 4-bedroom units, each with in-unit laundry and separate utilities for added convenience. Enjoy five off-street parking spaces—a rare amenity in this neighborhood. With market rents of approximately $2,500 per unit, the property projects a cap rate of 8–9%. Conveniently located near public transportation, shopping, restaurants, and major highways—this is an exceptional income-producing opportunity in one of Worcester’s fastest-growing areas.

Listed by Johnny Long

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PRIVI Realty LLC

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617-275-1415

Last updated November 18, 2025

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Source: MLSPin #73453782

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeacon Brightly
  • Bedrooms12
  • Bathrooms3
  • Days on Prevu8
  • Taxes$7,885/year
  • Size4,368 sqft
  • Price per sqft$183

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/11/2025
Listed by PRIVI Realty LLC
$799,999

Property Details for 1 Cheney St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University, Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1915
  • Year Built Details: Actual
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 4,368
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,818
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $74,268.00

Taxes

  • Parcel Number: M:07 B:005 L:00031,1768605
  • Tax Annual Amount: $7,885.00
  • Tax Assessed Value: $597,800.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Wood, Laminate

Measurements

  • Living Area: 4,368
  • Living Area Source: Appraiser

Rooms

  • Basement: Full, Dirt Floor, Unfinished
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 12
  • Rooms Total: 18

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 5

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.