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.
Multi-familyProperty Type
1890Year Built
5,255 sq ftLot Size
$190Price/Sq.Ft.
5 spacesParking
Listed by Miguel Hernandez• Property Investors & Advisors, LLC
Listed by Miguel Hernandez• Property Investors & Advisors, LLC
Crown Hill-Piedmont, located between Elm Park and Institute Park, is a residential and historic Worcester neighborhood with hillside streets and a strong stock of late-19th-century architecture. The neighborhood’s character concentrates around the Elm Park edge near Highland Street, where porch-lined blocks meet a steady rhythm of walkers and cyclists. Triple-deckers and Queen Anne-era homes sit beside brick institutional buildings tied to nearby campuses. The Worcester Art Museum and the Hanover Theatre and Conservatory for the Performing Arts anchor cultural nights out. Green space shapes daily routines via Elm Park’s paths and ponds. Cafes and small eateries cluster along Highland Street for a low-key, city-close cadence.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 18 rooms
Full, partially finished basement
Bedrooms
Three separate units: one single-level, one two-level, and one three-level (unit levels shown for unit layout)
Bathrooms
4 full bathrooms
Exterior features
Paved driveway
Small lot (approximately 0.12 acres)
Home design
3-family property
6 total stories
Parking
Open parking with 5 spaces
Construction
Brick/mortar foundation
Building area approximately 4,467 (total)
Year built per public records
Utilities
Public water
Public sewer
110-volt electrical service
HOA & community
Not a senior community
Other
Listing status: Active Under Contract
Electricity and solar
View estimated energy costs and solar savings for this home
Sale as is.. Great opportunity for first time home buyers and investors. Second and third floor rented. Very well maintained 3 family building. Each unit has 3 bedrooms, living room, dining room and spacious kitchen space. Very well maintained kitchens and appliances. All the rooms are a good size. Hardwood floors throughout all units. Conveniently located, 5 car parking lot. Separate utilities with owner's electrical meter. Nice yard. Great commuter location. Finish baseman.
MLS PIN #70941663
Oct 20, 2009
Sold
$172,000
$39/sq ft
Jul 21, 2009
Contingent
—
Jul 1, 2009
Listed
$199,900
$45/sq ft
All units have been renovated, many updates. Laundry room in units. Showing 1st, 3rd and basement only. Tenant still on second.
Public Records
Mar 15, 2005
Sold
$277,000
$62/sq ft
Public Records
May 14, 2001
Sold
$178,500
$40/sq ft
MLS PIN #30124751
Nov 20, 1996
Sold
$54,900
$12/sq ft
Aug 26, 1996
Listing Removed
—
Aug 21, 1996
Listed
$54,900
$12/sq ft
Public Records
Jul 25, 1989
Sold
$165,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,799 (+15.0%)
$52,400 + $421,700
$474,100
2022
$5,914 (+11.1%)
$41,900 + $346,900
$388,800
2021
$5,324 (+8.9%)
$33,600 + $293,400
$327,000
2020
$4,888 (+11.4%)
$33,600 + $253,900
$287,500
2019
$4,388 (+2.7%)
$33,200 + $210,600
$243,800
2018
$4,274 (+7.1%)
$33,200 + $192,800
$226,000
2017
$3,990 (+2.5%)
$33,200 + $174,400
$207,600
2016
$3,893 (+5.5%)
$27,100 + $161,800
$188,900
2014
$3,691 (+5.5%)
$27,100 + $161,800
$188,900
2013
$3,499 (+5.6%)
$28,900 + $159,400
$188,300
2012
$3,314 (+1.7%)
$31,000 + $164,200
$195,200
2011
$3,260 (+4.2%)
$48,400 + $154,600
$203,000
2010
$3,130 (−6.5%)
$48,400 + $158,200
$206,600
2009
$3,347
$75,000 + $172,900
$247,900
Public record
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
4,467
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,467
Year built
1890
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1766870
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Climate risks
5/10 Flood Factor
Estimated 22-32% chance 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 • 01609
Average low and high temperatures (°F)
30
17
33
19
49
29
59
39
67
49
78
59
82
64
78
58
73
54
62
44
49
35
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8 Pelham St
$846,141
$3,859 under list price of $850K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $625K to $1.1M.