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.
Franklin Plantation, located between Lake Quinsigamond and Shrewsbury Street, is a residential and lakeside Worcester neighborhood with wooded slopes and pocket parks. The neighborhood’s character concentrates around the Shrewsbury Street corridor near Lake Ave, where sidewalk patios, independent eateries, and late-night dessert counters set a steady hum. The BrickBox Theater and the Worcester Art Museum add a cultural throughline beyond the water. Triple Decker Coffee Roasters grounds the day-to-day with small-batch coffee and a workshop feel. Housing reads as a mix of mid-century apartment communities and classic Worcester multifamily streets, with tree cover softening the edges. Lake paths and nearby greenspaces shape a routine built around walks, runs, and shoreline views.
Provided by Walk Score and Local Logic
Offer insights
31 Chrome St · $1,139,000
$1.14M and above
75% chance or better to win
Why $1.14M+ is a strong offer
DAYS ON MARKET
57 days
The average home goes pending in 36 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Kitchen
Living room/dining room combo
Sunroom
21 total rooms
Bathrooms
4 full bathrooms
Kitchen
Range
Refrigerator
Laundry & utility
Washer & dryer hookup
Tenant units may include washer/dryer (tenant personal property)
Flooring
Tile
Carpet
Hardwood
Heating & cooling
Natural gas heating, individually controlled, forced air
Window air conditioning units
Exterior features
Fenced yard
Enclosed porch
Porch
Cleared lot
Home design
4-family building (4 units up/down)
4 stories
White exterior
Facing details not specified
Parking
1-car garage (covered)
Paved off-street parking
3 open parking spaces
Total 4 parking spaces
Construction
Stone foundation
Rubber roof
Certified treated lead paint
Utilities
Public water
Public sewer
Electricity individually metered
Gas availability varies by unit (for gas range and for electric range)
HOA & community
Community amenities nearby include public transportation, shopping, tennis courts, parks, walk/jog trails, golf, medical facility, laundromat, bike path, conservation area, highway access, houses of worship, private and public schools, and a university
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
Turnkey 4-family in a prime Worcester location generating impressive cash flow! This mint condition property features three spacious 3-bed units and one 1-bed unit, all expertly updated with separate utilities and in-unit laundry hookups. A brand new rubber roof was just installed, and the property offers rare 3-car off-street parking in a paved driveway plus a garage. Conveniently located near the Mass Pike, I-290, I-190, just 1 mile to commuter rail/Union Station, and minutes to UMass, local hospitals, and top universities. Only 2 miles to Shrewsbury Street for Worcester’s best restaurants, nightlife, and entertainment. Perfect for long-term tenants or short-term rental potential for UMass students or travel nursing. Strong cash flow, minimal upkeep—an ideal investment opportunity!
MLS PIN #70825110
Nov 14, 2008
Listing Removed
—
Nov 12, 2008
Sold
$140,000
$29/sq ft
Sep 23, 2008
Listed
—
Great price for this four family with updates but still in need of others! Good highway access! Seller has never lived in property and has no knowledge regarding condition or history. All contracts must be returned with in 48 hours of delivery of contracts. Buyer/Buyer agent responsible for all due diligence. Buyers must always be accompanied by an agent when viewing property.
Public Records
Jul 6, 2006
Sold
$412,000
$85/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,026 (+14.5%)
$38,300 + $521,400
$559,700
2022
$7,009 (+1.0%)
$30,600 + $430,200
$460,800
2021
$6,937 (+11.3%)
$24,500 + $401,600
$426,100
2020
$6,234 (+16.8%)
$22,700 + $344,000
$366,700
2019
$5,339 (+6.7%)
$21,100 + $275,500
$296,600
2018
$5,002 (+7.2%)
$21,100 + $243,400
$264,500
2017
$4,667 (−8.7%)
$21,100 + $221,700
$242,800
2016
$5,111 (+5.5%)
$31,100 + $216,900
$248,000
2014
$4,846 (+21.4%)
$31,100 + $216,900
$248,000
2013
$3,993 (+1.0%)
$30,800 + $184,100
$214,900
2012
$3,953 (−4.9%)
$30,800 + $202,000
$232,800
2011
$4,158 (−14.1%)
$76,200 + $182,700
$258,900
2010
$4,840 (+3.2%)
$76,200 + $243,300
$319,500
2009
$4,691
$107,300 + $240,200
$347,500
Public record
Beds
10
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
4,825
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,825
Year built
1920
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1764744
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01604
Average low and high temperatures (°F)
32°
19°
35°
20°
50°
31°
60°
41°
68°
51°
81°
61°
84°
65°
80°
60°
75°
56°
62°
46°
51°
36°
37°
23°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
68/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 31 Chrome St
$1,095,969
$43K under list price of $1.14M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $402K to $985K.