Active
6 Days on market
6 Chatham Pl #8 Worcester — Photo 1 of 34

6 Chatham Pl #8 Worcester — Photo 1 of 34

$175,000

Investment Analysis — 6 Chatham Pl #8

Worcester, MA 01609

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 1-bedroom in 01609 carries an estimated $1,500/mo in gross rent — about a 3.86% cap rate and $6,762/yr in estimated NOI at the $175,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

765

Style

Condominium

Built

1900

~Opportunity knocks in the heart of Downtown Worcester! ~ This spacious condo offers an urban lifestyle with incredible potential to make it your own ~ Currently configured as a one-bedroom, the unit is deeded as a two-bedroom and features an expansive living/dining area offering the possibility of a second bedroom ~ Hardwood floors, oversized windows and great natural light add character throughout, while the flexible floor plan provides plenty of room for everyday living, entertaining or a home office ~ The kitchen and full bath are ready for a new owner's updates and personal touches, making this a great opportunity for an owner-occupant or investor looking to add value ~ Set within a distinctive brick building with an interior courtyard and ideally situated in the heart of the city with restaurants, entertainment, shopping, public transportation and major routes nearby ~ Bring your vision and take advantage of the space, location and possibilities this unique city condo has to offer! ~

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$175,000
Annual Taxes$2,502
HOA Fee$368

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Vinyl
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • T-Station

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

12 x 12

Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

12 x 12

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

12 x 12

Flooring - Vinyl, Balcony - Exterior, Exterior Access

Primary Bedroom
Lvl First

12 x 12

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

8 x 6

Bathroom - Full

Listing Provided By

Listing Agent: Jessica Smithlerner

Listing Office: Abode Real Estate

MLS® Number: 73579958