Massive 3-Family on Grafton Street with off Street Parking & 6 Room, 3 Bedroom Units! 1st Floor is Vacant & has 1.5 Bathrooms. Gas Heat for all units, living/dining rooms, eat-in kitchens, nice hardwood flooring & tile w/ laundry hookups in each unit! Lots of potential for rent increases on units 2 & 3 when their leases expire 1/31/27 as they have been long term tenants. Unit 1 can be rented for $2400 or owner occupied. Upgrades included New Roof (2024) Lead certificates for unit 1, new main stack (2025) and 1 new water tank. Open House this Saturday June 13 from 12-1:30pm!
This home has been viewed 30 times
Last Checked: June 17th, 2026 at 7:38am (Source: MLS PIN #73532765)
Gross Income: $70,800
Gross Expenses: $8,541
Net Income Calc: $62,259
Annual Expenses for 518 Grafton St, Worcester MA 01604
Total Gross Expenses (Calculated)$8,541/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8541
Annual Income & Unit Breakdown for 518 Grafton St, Worcester MA 01604
Total Gross Income (Calculated)$70,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 518 Grafton St, Worcester MA 01604
Listing ID73532765
Property TypeMulti Family / 3 Family
Price749000 ($185.63/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4035
Approximate Lot Size (Acres)0.11
Total Parking6
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningBL-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 518 Grafton St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv On The Deck And Garage Tv
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 518 Grafton St, Worcester MA 01604
Real Estate Taxes8541
Tax Year2025
Assessed Value$647,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 518 Grafton St, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 518 Grafton St, Worcester MA 01604