75 Chatham St Worcester — Photo 1 of 23
$1,250,000
Investment Analysis — 75 Chatham St
Worcester, MA 01609
Based on rent reported on the MLS listing, a 7-unit multi-family in 01609 carries $11,487/mo in gross rent — about a 7.52% cap rate and $94,051/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
7.5
SqFt
5,120
Style
5-9 Family
Built
1905
75 Chatham Street contains one (1) 2-Bedroom/1-Bathroom unit, one (1) 1-Bedroom/1.5 Bathroom unit, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit with 5,120 square feet of gross living area in 10,986 square feet of gross area. The Property is situated upon a 0.30-acre parcel and features ample parking with over ten (10+) parking spaces in a lot behind the building. All seven (7) of the apartments have been recently renovated with improvements including new kitchens, new or refurbished flooring, and improved bathrooms. Additionally, five (5) of the seven (7) heating systems were recently replaced. All heat, hot water and electricity are separately metered and billed directly to the tenants. There is an opportunity to slightly improve rents without needing to invest much if anything in improving the units. The property also features a two-bay garage with a loft above it that is currently rented.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$1,250,000
Sep 15, 2026
MLS® 73577324
$1,349,995
Aug 25, 2026
MLS® 73555872
$1,349,995
Jul 28, 2026
MLS® 73555872
Listing Agent: Ethan Lazar
Listing Office: Horvath & Tremblay
MLS® Number: 73577324