Off Market

161 Grand St, Worcester, MA

Worcester · MA 01603

$1,700,000
Price
27
Beds
12
Baths
8607
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 12 Units
Lot size: 0.26 Acre Lot
Price per square foot: $198 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

161-163 ' Grand Street in Worcester, Massachusetts consists of three buildings on a single parcel. The property contains twelve (12) total units, comprised of three (3), 3-Bedroom/1-Bathroom units and nine (9), 2-Bedroom/1-Bathroom units. The current rents are significantly below market, providing the incoming owner with the opportunity to increase rents to market rates via programmatic updates to the units. Six (6) units will be delivered vacant. Each unit is separately metered for electricity and gas (heat and hot water), which the Tenants pay directly. 163 Grand Street has a brand-new rubber roof (2022). 161-163 ' Grand Street includes ample parking for residents with 12 off-street parking spaces, as well as on-site, coin-op laundry. The property is just .25 miles from Main South CDC's 45-unit housing development at 92 Grand Street & roughly 1.6 miles from the MBTA stop at Worcester's Union Station. Listed gross rent includes market rent for vacant units.

Neighborhood & Transit

161 Grand St, Worcester · MA 01603

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1414 days
Listing Price:
$1,700,000
Price per Sq.Ft:
$198
Tax Assessment:
$1,493,600 in 2022
Taxes:
$1,893 / Monthly

Home Facts

Interior Features

Bedrooms
27
Full Bathrooms
12
Half Bathrooms
0
Living Area
8,607 Sq.Ft
Broker Disclosure about Living Area
Per Vision Government Solutions
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
11,477 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Other (See Remarks)
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Ryan Benton
Listing office
Horvath & Tremblay
MLS PIN #
73038728
Disclosure
Per Vision Government Solutions