1257 Grafton Street, Worcester, MA 01604
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$590,000
2 Unit
4 Beds
3 Baths
2202 SQFT
0.22 Acre

Property Description

This two-family home offers a perfect opportunity for both first-time buyers and seasoned investors. The first-floor unit has a spacious layout consisting of two bedrooms, two bathrooms, a kitchen, dining room, living room and cathedral family room. Enjoy a private backyard that's ideal for relaxing or hosting gatherings. Upstairs you will find a well kept two bedroom, one bathroom apartment with kitchen and living room. The property is equipped with ample off-street parking and easy access to major highways, including Mass Pike. Commuting is convenient, and you're surrounded by local shops, small business, restaurant/dining, and entertainment options. This property delivers flexibility—live in one unit while renting out the other for passive income or build your portfolio. It's a great chance to secure a home that blends lifestyle and investment potential!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 37800
  • Gross Expenses: 2840
  • Electric Expenses: 240
  • Water/Sewer: 600
  • INSC: 2000
  • Net Operating Income: 34960

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Dryer, for Electric Range, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1921
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73296847
  • Last Updated: 11/01/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/01/2024Active$590,000$268MLSPIN
10/28/2024Price Change$590,000$268MLSPIN
10/19/2024Active$599,900$272MLSPIN
10/15/2024Back on Market$599,900$272MLSPIN
10/06/2024Under Agreement$599,900$272MLSPIN
10/05/2024Active$599,900$272MLSPIN
10/01/2024New$599,900$272MLSPIN

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Seller's Representative: John Chalino, RE/MAX Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-11-01 03:06:00

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