Attention investors! Take a look at 696 Grafton Street, a versatile and high-potential three-family home situated in one of Worcester’s most accessible commuter corridors. Whether you are a savvy investor looking to capture steady rental income or a handy homeowner looking to build equity, this property delivers function, flexibility, and long-term value. The layout accommodates a variety of living arrangements and is built for low-overhead management, featuring separate electrical meters and separate heating systems for each unit. Updates include a recently updated first-floor furnace (floors two and three utilize parlor heaters), while bonus exterior features include an outdoor storage shed. The location is paramount for rental demand. Situated near a local bus route, you are minutes from Worcester's major hospitals, universities, and Polar Park, with access to Route 122, Route 20, I-290, and the Mass Pike. Schedule your tour today and explore the possibilities!
This home has been viewed 19 times
Last Checked: June 18th, 2026 at 9:53am (Source: MLS PIN #73534227)
Gross Income: $20,280
Gross Expenses: $8,017
Net Income Calc: $12,263
Annual Expenses for 696 Grafton St, Worcester MA 01604
Total Gross Expenses (Calculated)$8,017/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8017
Annual Income & Unit Breakdown for 696 Grafton St, Worcester MA 01604
Total Gross Income (Calculated)$20,280
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 696 Grafton St, Worcester MA 01604
Listing ID73534227
Property TypeMulti Family / 3 Family
Price599900 ($178.49/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3361
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1913
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 696 Grafton St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsBasement Fridge
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 696 Grafton St, Worcester MA 01604
Real Estate Taxes8017
Tax Year2026
Assessed Value$626,900
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 696 Grafton St, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 696 Grafton St, Worcester MA 01604