120 Grand St, Worcester, MA 01603
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$625,000
2 Unit
6 Beds
2 Baths
5022 SQFT
0.11 Acre

Property Description

Looking for your next investment? This is it. Step into this mixed-use property in Worcester’s BL-1 zone offering solid income and room to grow. Both residential units have 3 bedrooms and 1 bath with in-unit laundry, and the second-floor unit has central air. Both tenants are TAW. Rents are $1,500 for Unit 1 and $2,000 for Unit 2, plus $500/month from a storage rental. The lower level has two additional commercial spaces that are currently unused and in need of some TLC, but offer great potential for retail, office, studio, or small business use. Close to Polar Park and major routes 146, 290, and route 20. Plenty of on/off street parking. This is a great opportunity for investors or an owner-occupant looking for income and long-term upside. You don't want to miss this! Schedule a showing today.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public School, Public Transportation, Shopping, T-Station, Tennis Court
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 48000
  • Net Operating Income: 42000

Utilities

  • Heat Zones: 2
  • Cooling Zones: 1
  • Utility Connections: for Electric Dryer, for Electric Range
  • 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: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73456911
  • Last Updated: 11/25/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/24/2025Active$625,000$124MLSPIN
11/24/2025Active$625,000$124MLSPIN
11/20/2025New$625,000$124MLSPIN
11/20/2025New$625,000$124MLSPIN

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Seller's Representative: Julia Quill, Mathieu Newton Sotheby's International Realty
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 2025-11-25 03:30:00

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