$1,895,000
18
Beds
10
Baths
10,000
Living Area
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Property Description
Amazing investment opportunity in the heart of the city! This property offers 8 residential units and 3 office/retail units. Located at 273–279 Grafton Street in Worcester, this mixed-use property combines residential apartments with street-level commercial space, offering multiple sources of rental income. Its prominent streetscape presence and versatile layout make it an appealing opportunity for investors seeking to expand their portfolio. Bring your vision and capitalize on the potential of this Worcester investment. Excellent Cap rate. Great location less than 1/2 mile away from the Canal District, Polar Park, endless dining options of Shrewsbury St, and Saint Vincent's hospital. Easy, quick access to 290 as well as the MA Pike, Route 146, and public transportation.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 25
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Vinyl / VCT
- Lot Features: Cleared
- Roof: Shingle
- Total Number of Units: 11
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Private Road
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Mg-2
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Amenities
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $704,400
- Total Rent: $18,150
- Tax Year: 2025
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Listing information provided courtesy of Cali Realty Group, Inc..
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