Active Under Contract
1 Days on market
8 Pelham St Worcester — Photo 1 of 1

8 Pelham St Worcester — Photo 1 of 1

$850,000

8 Pelham St, Worcester, MA 01609

Worcester, MA 01609

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$190/sqft
Local Avg (Worcester)$229/sqft
17% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$850,000
Annual Taxes$7,805

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementFull, Partially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBrick/Mortar
ZoningRG-5

Property & Lot

Acres0.12
SqFt Lot5,255
Lot Features--

Geography

Property History

Listed
$850,000

Sep 21, 2026

MLS® 73580367

Expired
$850,000

Sep 19, 2026

MLS® 73489319

Listed
$850,000

Mar 19, 2026

MLS® 73489319

Expired
$1,000

Dec 6, 2006

MLS® 70400714

Listed
$1,000

Jun 5, 2006

MLS® 70400714

Population

22,047

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$68K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

59.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Miguel Hernandez

Listing Office: Property Investors & Advisors, LLC

MLS® Number: 73580367

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