312 Grafton St - Apartments FOR SALE


Worcester, MA 01604- Union HIll
$1,999,999 USD
774-275-1229
312 Grafton St, Worcester, MA for Sale
$1,999,999 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

312 Grafton St
Worcester, MA 01604
Union HIll


OVERVIEW

The investment property you have been waiting for! This turn-key mixed-use property consists of 9 units total, 7 residential and 2 commercial. Unit break downs as follows: (3) - 3 bed/1 bath units; (2) - 2 bed/1 bath units; (2) - 1bed/1 bath units and (2) commercial spaces with two 1/2 baths per unit. One commercial space is currently a restaurant, and the other is a barbershop. All units currently rented for instant income generation. Many of units are fully gov't assisted. Residential tenants are all TAW. Gas and electric utilities are separately metered for all units. New gas meter lines for all units within the last 4 years. Barbershop has electric heat as does 1 residential unit. All units have been updated and adequately maintained over the years and are in great shape. 2 brand new residential furnaces installed a few years ago. Conveniently located near 290, less than a mile to Worcester Public Market, Canal District Restaurants and Polar Park!

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$121 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

BL-1

APN/PARCEL ID

WORC-000004-000029-000018-000023

ASK ABOUT THIS PROPERTY

Steven PizzarellaREMAX PARTNERSMore Info
774-275-1229

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Steven PizzarellaREMAX PARTNERSMore Info
774-275-1229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.