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.
For sale
$950,000
8 Pelham St, Worcester, MA 01609
9beds
4,467sqft
Est.:
3 Family
Built in 1890
-- sqft lot
$924,900 Zestimate®
$213/sqft
$-- HOA
What's special
Comfortable living spacesWell-maintained three-story multifamily propertyFunctional layouts
- 4 days |
- 440 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: 22 hours ago
Listed by:
Miguel Hernandez 508-736-3412,
Property Investors & Advisors, LLC 774-413-0272,
Miguel Hernandez 508-736-3412
Source: MLS PIN,MLS#: 73489319
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam, Natural Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Dining Room, Kitchen, Family Room
- Flooring: Vinyl
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 4,467
- Total interior livable area: 4,467 sqft
- Finished area above ground: 4,467
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 5
Lot
- Size: 5,255 Square Feet
- Features: Level
Details
- Parcel number: M: 06 B: 004 L: 00041,1766870
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, University, Sidewalks
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $591,700
- Annual tax amount: $7,805
- Date on market: 3/19/2026
- Total actual rent: 7300
- Road surface type: Paved
Estimated market value
$924,900
$879,000 - $971,000
$2,063/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $950,000+75.9%$213/sqft |
Source: MLS PIN #73489319 Report a problem | ||
| 10/5/2021 | Sold | $540,000+214%$121/sqft |
Source: MLS PIN #72869465 Report a problem | ||
| 10/20/2009 | Sold | $172,000-14%$39/sqft |
Source: Public Record Report a problem | ||
| 7/5/2009 | Listed for sale | $199,900+38.8%$45/sqft |
Source: Bruce Taylor #70941663 Report a problem | ||
| 4/15/2009 | Sold | $144,000-48%$32/sqft |
Source: Public Record Report a problem | ||
| 3/15/2005 | Sold | $277,000+55.2%$62/sqft |
Source: Public Record Report a problem | ||
| 5/14/2001 | Sold | $178,500+225.1%$40/sqft |
Source: Public Record Report a problem | ||
| 12/19/1996 | Sold | $54,900$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,805 +9.2% | $591,700 +13.8% |
| 2024 | $7,149 +5.1% | $519,900 +9.7% |
| 2023 | $6,799 +15% | $474,100 +21.9% |
| 2022 | $5,914 +11.1% | $388,800 +18.9% |
| 2021 | $5,324 +8.9% | $327,000 +13.7% |
| 2020 | $4,888 +11.4% | $287,500 +17.9% |
| 2019 | $4,388 +2.7% | $243,800 +7.9% |
| 2018 | $4,274 +7.1% | $226,000 +8.9% |
| 2017 | $3,990 +2.5% | $207,600 +9.9% |
| 2016 | $3,893 +2.7% | $188,900 |
| 2015 | $3,791 +2.7% | $188,900 |
| 2014 | $3,691 +5.5% | $188,900 +0.3% |
| 2013 | $3,499 +5.6% | $188,300 -3.5% |
| 2012 | $3,314 +5.9% | $195,200 -5.5% |
| 2010 | $3,130 -6.5% | $206,600 -16.7% |
| 2009 | $3,347 -10.9% | $247,900 -17.2% |
| 2008 | $3,756 +9.5% | $299,500 +5.7% |
| 2007 | $3,429 -0.1% | $283,400 +3.4% |
| 2006 | $3,434 +5.4% | $274,100 +10.9% |
| 2005 | $3,257 +36% | $247,100 +52.2% |
| 2004 | $2,395 +9.7% | $162,400 +20.2% |
| 2003 | $2,183 +15.4% | $135,100 +27.5% |
| 2002 | $1,892 +32.9% | $106,000 +37.5% |
| 2000 | $1,424 +19.8% | $77,100 +21% |
| 1997 | $1,189 | $63,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,685/mo
Principal & interest
$4719
Property taxes
$966
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Climate risks
Neighborhood: 01609
Getting around
45 / 100
Some TransitNearby schools
GreatSchools rating
- 4/10Elm Park Community SchoolGrades: K-6Distance: 0.4 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 1.4 mi
- 4/10Doherty Memorial High SchoolGrades: 9-12Distance: 0.4 mi
Local experts in 01609
- Massachusetts
- Worcester County
- Worcester
- 01609
- 8 Pelham St
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