8 Pelham St, Worcester, MA, 01609
About This Home
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.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Features
- Living Room,Dining Room,Kitchen,Family Room
- Flooring: Vinyl
- Finished area above ground: 4,467
Heating & Cooling
- Heating features: Steam,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 4,467
- Total interior livable area: 4,467 sqft
Property
Details
- Parcel number: M: 06 B: 004 L: 00041,1766870
- Zoning: RG-5
Lot
- Lot size: 5,255 sqft
- Features: Level
Parking
- Total spaces: 5
- Parking features: Paved Drive,Off Street
- Has uncovered spaces: Yes
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,601 | $55,212 |
| Home Insurance * | $402 | $4,824 |
| Property Taxes | $987 | $11,844 |
| Electricity | $880 | $10,570 |
| Total | $6,870 | $82,440 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $950,000 |
| 2021-10-05 | Sold | $540,000 |
| 2009-10-20 | Sold | $172,000 |
| 2009-07-05 | Listed for sale | $199,900 |
| 2009-04-15 | Sold | $144,000 |
| 2005-03-15 | Sold | $277,000 |
| 2001-05-14 | Sold | $178,500 |
| 1996-12-19 | Sold | $54,900 |
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