Investment Analysis — 49 Granite St

Worcester, MA 01604

Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $6,000/mo in gross rent — about a 5.76% cap rate and $45,483/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,750

Style

3 Family - 3 Units Up/Down

Built

1900

Welcome to 49 Granite Street, a turnkey, well-maintained, updated 3-family property offering an excellent investment opportunity. Fully occupied with paying-tenants. This income-producing asset provides immediate cash-flow with current and or future owner-occupancy potential. Current rents are below market value, offering upside for increased income. Each unit features a versatile front room suitable as a third bedroom, office, or additional living space. Recent updates include modernized electrical systems, newer water heaters, central air on the first floor, and new gas parlor heaters on the second and third floors. The property also offers six off-street parking spaces all commonly used by tenants and visitor, and a detached two-car garage that is used by the owner for storage and or extra income potential. Conveniently located near local amenities and commuter routes. This is the opportunity you've been waiting for. Don't miss your chance to see all that this property has to offer.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.