$1,139,000
10
Beds
4
Baths
4,825
Living Area
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Property Description
Opportunities like 31 Chrome Street don’t come around often. If you’ve been searching for a truly turnkey investment where the heavy lifting has already been done, this well maintained 4-family property in the heart of Worcester is the one. This multi-family features three spacious 3-bedroom units and one 1-bedroom unit, al designed for long-term appeal. The setup is a landlord’s dream: every unit has separate utilities and dedicated in-unit laundry hookups. Recent capital improvements provide peace of mind, including a rubber roof installed just over a year ago, a brand-new concrete basement floor, a new hot water tank, and two new refrigerators. Outside, the property offers a rare find for the city: a 3-car paved driveway plus a garage, ensuring parking for tenants. The location is a major driver for consistent, high-quality occupancy. You are positioned just minutes from UMass Memorial, local universities, and the biotech hub, making this an ideal spot for long-term residents, students, or travel nursing professionals. Commuting is a breeze with immediate access to the Mass Pike, I-290, and I-190, and you’re just one mile from the commuter rail at Union Station. When it’s time to head out, the vibrant dining and entertainment scene on Shrewsbury Street is only two miles away. With strong cash flow potential this well maintained property is a strategic addition to any portfolio. Whether you're looking for a reliable income producer or a smart owner-occupant setup, this property is ready to perform.
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Highlights
- Cooling: Window Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Heating: Natural Gas, Individual, Forced Air
- Parking Spots: 4
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 21
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Exclusions: Tenant Personal Property, Includes Tenant W/D.
- Foundation: Stone
- Lot Features: Cleared
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rg-5
- Basement: Interior Entry, Concrete
- Flooring: Tile, Carpet, Hardwood
- Interior Features: Kitchen, Living RM/Dining RM Combo, Sunroom
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 1
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $682,000
- Taxes: $9,056
- Tax Year: 2026
- Total Rent: $8,812
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