Welcome to 49 Granite Street, a turnkey, well-maintained, updated 3-family property offering an excellent investment opportunity. Fully occupied with paying tenants, this income-producing asset provides immediate cash flow with future owner-occupancy potential. Current rents are below market, offering upside for increased income. Each unit features a versatile front room suitable as a third bedroom, office, or additional living space. Recent updates include modernized electrical systems, newer water heaters, central air on the first floor, and new gas parlor heaters on the second and third floors. The property also offers six off-street parking spaces and a detached two-car garage for additional storage or rental potential. Conveniently located near local amenities and commuter routes. This is the opportunity you've been waiting for. Don't miss your chance to see all that this property has to offer. Open Houses: Saturday, June 27, 2026, and Sunday, June 28, 2026: 11:00 AM to 1:00 PM
This home has been viewed 5 times
Last Checked: June 24th, 2026 at 6:33pm (Source: MLS PIN #73540621)
Gross Income: $72,000
Gross Expenses: $9,737
Net Income Calc: $62,263
Annual Expenses for 49 Granite St, Worcester MA 01604
Total Gross Expenses (Calculated)$9,737/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9237
Annual Income & Unit Breakdown for 49 Granite St, Worcester MA 01604
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 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
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 49 Granite St, Worcester MA 01604
Listing ID73540621
Property TypeMulti Family / 3 Family
Price815000 ($217.33/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3750
Approximate Lot Size (Acres)0.12
Total Parking10 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 49 Granite St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
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 49 Granite St, Worcester MA 01604
Real Estate Taxes9237
Tax Year2025
Assessed Value$700,300
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 49 Granite St, Worcester MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 49 Granite St, Worcester MA 01604