Great investment opportunity consisting of a bundled 3-family property and single-family home, ideally located just minutes from Worcester’s popular Shrewsbury Street Restaurant Row and both the UMass Memorial Medical Center University and Memorial campuses. The 3-family property features three spacious 2-bedroom, 1-bath units, along with three off-street parking spaces. Common areas have been freshly painted, and the vacant third-floor unit has been recently remodeled with a pending tenant in place. Additional features include enclosed front porches serving all three units, a rear porch, valuable storage space, and washer/dryer hookups in each unit. The single-family home offers 2 bedrooms and 1 full bathroom and has been recently remodeled throughout. Updates include fresh paint, new flooring, and all-new appliances. The home is move-in ready and offers excellent additional rental income potential. Conveniently located near Routes 290, 190, 9, and 20, as well as the Massachusetts Turnpike, this bundled property offers excellent commuter access, strong income potential, and an outstanding opportunity for investors looking to expand their portfolio in Worcester.
This home has been viewed 4 times
Last Checked: September 23rd, 2026 at 9:48pm (Source: MLS PIN #73581493)
Gross Income: $93,180
Gross Expenses: $16,719
Net Income Calc: $76,461
Water Views
Annual Expenses for 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Total Gross Expenses (Calculated)$16,719/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5569
Annual Income & Unit Breakdown for 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Total Gross Income (Calculated)$93,180
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Listing ID73581493
Property TypeMulti Family / 4 Family
Price1099000 ($294.24/SqFt)
Style4 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3735
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsOutside Parking Not Deeded. First Come
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 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Real Estate Taxes5569
Tax Year2025
Assessed Value$422,200
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 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 31 Granby And 16.5 Caprera Rd, Worcester MA 01604
Agent
Name: Paul O'Rourke
Office
Name: The O'Rourke Group Real Estate Professionals