Active
2 Days on market
273-279 Grafton St Worcester — Photo 1 of 22

273-279 Grafton St Worcester — Photo 1 of 22

$1,895,000

273-279 Grafton St, Worcester, MA 01604

Worcester, MA 01604

Investor Analysis

Beds

15

Baths

10

SqFt

10,000

Style

5-9 Family

Built

1900

Amazing investment opportunity in the heart of the city! This property offers 7 residential units and 3 office/retail units. Located at 273–279 Grafton Street in Worcester, this mixed-use property combines residential apartments with street-level commercial space, offering multiple sources of rental income. Its prominent streetscape presence and versatile layout make it an appealing opportunity for investors seeking to expand their portfolio. Bring your vision and capitalize on the potential of this Worcester investment. Excellent Cap rate. Great location less than 1/2 mile away from the Canal District, Polar Park, endless dining options of Shrewsbury St, and Saint Vincent's hospital. Easy, quick access to 290 as well as the MA Pike, Route 146, and public transportation.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$190/sqft
Local Avg (Worcester)$238/sqft
20% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$1,895,000
Annual Taxes--

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms25
FireplacesNone
FlooringVinyl / VCT
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningMG-2

Property & Lot

Acres0.1
SqFt Lot4,186
Lot FeaturesCleared

Geography

Population

39,812

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Joseph Cali

Listing Office: Cali Realty Group, Inc.

MLS® Number: 73578643

Browse More Homes in Worcester

Explore other active listings in the area.