The Balestracci Group | Sutton Real Estate, Oxford Real Estate, Worcester Real Estate

273-279 Grafton St, Worcester, MA 01604  

Approx. GLA
Amazing investment opportunity in the heart of the city! This property offers 9 residential units and 2 office/retail units. The roof is 8 years old and the brick foundation has been repointed. The location is second to none 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.
Open House
No scheduled Open Houses
Basement Features: Full, Walk Out, Interior Access, Bulkhead, Dirt Floor, Concrete Floor, Unfinished Basement
List Price: $999,999
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Contingent
Beds: 16
Baths: 11
Units: 11
Year Built: 1900
Year Round: Yes
Approx. GLA: 10,000
MLS#: 72872669
Basement: Yes
Electricity Cost: $1,200
Electric Features: Fuses, Circuit Breakers, Varies per Unit
Flooring: Varies Per Unit
Hot Water: Natural Gas, Electric, Tank, Varies Per Unit
Rooms: 11
Lead Paint: Unknown
Total Floors: 8
Water: No
Acres: 0.10
Lot Size: 4,186.00
Lot Description: Level
Foundation: Fieldstone, Brick, Granite
Construction: Frame, Brick
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Utility: Varies per Unit
Exterior: Vinyl, Brick
Exterior Features: Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $403,100
Taxes: $6,562
Tax Year: 2021
Book/Page: 62076/383
Beach: Yes
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses Source: Owner Provided, Projected, Pro. Forma Available
Gross Income: $147,900
Gross Expenses: $29,660
Total Rent: $10,575
Net Income: $118,240
Insurance Cost: $7,000
Water Cost: $7,000
Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship
Disclosure Declaration: No
Disclosure: Bar business is for sale separately. Some rents/expenses are projected; please see attached proforma.
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 2 1 0 No 1 $1,000
Unit 2 0 0 0 0 0 0 No 0 $900
Units Extras
Unit 1
Cooling:  None  Interior:  Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Cooling:  None 
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The listing office is eXp Realty and the listing agent is Jim Black Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/24/2021 10:00:00 PM.