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312 Grafton StWorcester, MA 01604

For Sale

$1,999,999

Smart Buyer Rebate $10,000

The investment property you have been waiting for! This turn-key mixed use property consists of 9 units total, 7 residential and 2 commercial. Unit break downs as follows: (3) - 3 bed/1 bath units; (2) - 2 bed/1 bath units; (2) - 1 bed/1 bath units and (2) commercial spaces with two 1/2 baths per unit. One commercial space is currently a restaurant and the other is a barbershop. All units currently rented for instant income generation. Many of units are fully gov't assisted. Residential tenants are all TAW. Gas and electric utilities are separately metered for all units. New gas meter lines for all units within the last 4 years. Barbershop has electric heat as does 1 residential unit. All units have been updated and adequately maintained over the years and are in great shape. 2 brand new residential furnaces installed a few years ago. Conveniently located near 290, less than a mile to Worcester Public Market, Canal District Restaurants and Polar Park!

Listed by Steven Pizzarella

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RE/MAX Partners

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774-275-1229

Last updated November 15, 2025

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Source: MLSPin #73453498

Listing Facts

  • TypeMulti-family
  • NeighborhoodUnion Hill
  • Bedrooms15
  • Bathrooms9
  • Days on Prevu8
  • Taxes$18,942.15/year
  • Size12,419 sqft
  • Price per sqft$161

Amenities

  • Parking

Location

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Listing History

11/11/2025
Listed by RE/MAX Partners
$1,999,999

Property Details for 312 Grafton St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access

Exterior

Construction

  • Number Of Units Total: 9
  • Stories: 9
  • Stories Total: 9
  • Year Built: 1900
  • Year Built Details: Actual

Features

  • Road Frontage Type: Public
  • View: City View(s)

Measurements

  • Building Area Total: 12,419
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.19
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,437
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $204,600.00
  • Operating Expense: $19,210.00

Taxes

  • Parcel Number: M:04 B:029 L:18+23,1765242
  • Tax Annual Amount: $18,942.15
  • Tax Assessed Value: $1,436,100.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 12,419
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 7
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 15
  • Rooms Total: 33

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Parking Total: 5

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.