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312 Grafton St
Worcester, MA 01604
Multifamily Property For Sale
·
16,557 SF
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
| Sale Type | Investment | Building Size | 16,557 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Building Class | B | Parking Ratio | 0.27/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | BL-1 - Frontage on Grafton St. and Cutler St. 70 ft frontage on Grafton St. | ||
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 16,557 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.27/1,000 SF |
| Zoning | BL-1 - Frontage on Grafton St. and Cutler St. 70 ft frontage on Grafton St. |
PROPERTY TAXES
| Parcel Number | WORC-000004-000029-000018-000023 | Improvements Assessment | $1,169,200 |
| Land Assessment | $266,900 | Total Assessment | $1,436,100 |
PROPERTY TAXES
Parcel Number
WORC-000004-000029-000018-000023
Land Assessment
$266,900
Improvements Assessment
$1,169,200
Total Assessment
$1,436,100
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