8 Pelham St Worcester — Photo 1 of 1
$850,000
Investment Analysis — 8 Pelham St
Worcester, MA 01609
Based on rent reported on the MLS listing, a 3-unit multi-family in 01609 carries $7,300/mo in gross rent — about a 6.91% cap rate and $58,771/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
4
SqFt
4,467
Style
3 Family
Built
1890
Well-maintained three-story multifamily property offering an excellent opportunity for both investors and owner occupants seeking stable rental income and cash flow in the thriving Worcester market. The property features functional layouts, comfortable living spaces, and strong rental appeal. Additional highlights include off-street parking via rear driveway and basement space providing convenient storage and access to mechanical systems. Ideally located near downtown Worcester, major highways, public transportation, hospitals, universities, restaurants, and shopping, this property benefits from strong tenant demand. Worcester’s expanding job market and ongoing development continue to support stable rental income and long-term appreciation potential.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$850,000
Sep 21, 2026
MLS® 73580367
$850,000
Sep 19, 2026
MLS® 73489319
$850,000
Mar 19, 2026
MLS® 73489319
$1,000
Dec 6, 2006
MLS® 70400714
$1,000
Jun 5, 2006
MLS® 70400714
Listing Agent: Miguel Hernandez
Listing Office: Property Investors & Advisors, LLC
MLS® Number: 73580367