3 Chelsea Street

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3 Chelsea Street

Worcester, MA 01610
Asking Price
$950K
Cap Rate
8.21%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 8.21% Cap | 3,652 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 3 Chelsea Street in Worcester, MA (the “Property”). The two-story building contains two (2) 2-Bedroom/1-Bathroom units and five (5) Studio units with 3,652 square feet of gross living area in 7,847 square feet of gross area. The Property is situated upon a 0.21-acre parcel and features five garage bays and an additional garage space which are both fully leased to two

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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