40 Aetna Street, Worcester, MA 01604
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$1,025,000
5 Unit
15 Beds
5 Baths
5873 SQFT
0.09 Acre

Property Description

This HUGE well-maintained building features a desirable unit mix with (3) large 4-bedroom apartments and (2) renovated lower-level units (one 2-bedroom and one 1-bedroom). There are solid rents in place with room for improvement. Each LARGE 4-bedroom unit offers a sunny living room, eat-in kitchen, full bath, separate laundry room, and enclosed front porch. The property also includes a shared driveway with parking for four cars, separately metered utilities, individual electrical panels, and a newer central alarm system. Ongoing updates include new appliances, hot water tanks, and other improvements throughout. Located in the sought-after Grafton Hill neighborhood, the property is close to bus stops, the train station, restaurants, the new Polar Park development, and offers easy highway access via I-290. Strong rental area with steady tenant demand. An excellent addition to any investment portfolio!

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 15
  • Total Full Baths: 5
  • Amenities: Highway Access, Private School, Public Transportation, Shopping
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: No
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 112800
  • Net Operating Income: 112800

Utilities

  • Heat Zones: 5
  • Electric Info: 220 Volts, At Street
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73489311
  • Last Updated: 03/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/01/2026Expired$1,049,000$179MLSPIN
03/23/2026Active$1,025,000$175MLSPIN
03/19/2026New$1,025,000$175MLSPIN
03/03/2026Temporarily Withdrawn$1,049,000$179MLSPIN
02/25/2026Under Agreement$1,049,000$179MLSPIN
02/12/2026Contingent$1,049,000$179MLSPIN
01/18/2026Active$1,049,000$179MLSPIN
01/14/2026Price Change$1,049,000$179MLSPIN
11/09/2025Active$1,100,000$187MLSPIN
11/05/2025New$1,100,000$187MLSPIN
04/20/2004Back on Market$384,900$92MLSPIN
04/02/2004Under Agreement$399,900$95MLSPIN
03/23/2004Active$399,900$95MLSPIN

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Seller's Representative: Michael Tinsley, Longwood Residential, LLC
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 2026-03-23 03:05:00

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