273-279 Grafton St

10,000 Sq. Ft.
$101 / Sq. Ft.
10,000
Sq. Ft.
$101
per Sq. Ft.

Description

Amazing investment opportunity in the heart of the city! This property offers 9 residential units and 2 office/retail units. The roof is 8 years old and the brick foundation has been repointed. The location is second to none 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.Amazing investment opportunity in the heart of the city! This property offers 9 residential units and 2 office/retail units. The roof is 8 years old and the brick foundation has been repointed. The location is second to none 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.
  1. Listed by Jim Black Group • eXp Realty
  2. Listed by Richard Jenkins • eXp Realty

Property Details for 273-279 Grafton Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Open Parking Spaces
.00
LISTING UPDATED: 08/06/2022 07:46 AM

Property Details for 273-279 Grafton Street

StatusSold
MLS #72872669
Days on Market95
Taxes$6,562 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyWorcester County

Location

Listing Courtesy of eXp Realty, Jim Black Group; eXp Realty, Richard Jenkins

Sold By Jack Gately Real Estate, LLC, Emily Therrien

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Building Information for 273-279 Grafton Street

Stories8Residences11Year Built1900Building Size-Lot Size0.10 AC / 4,186 SF

Payment Calculator

$5,580 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,033

Property Taxes

$547

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 273-279 Grafton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship
  • Current Financing: Other
  • Living Area: 10000.0
  • Total Units: 11
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Electric Water Heater, Tankless Water Heater, Water Heater(Varies Per Unit), Utility Connections Varies per Unit
  • Basement Features: Full, Walk Out, Interior Access, Bulkhead, Dirt Floor, Concrete Floor, Unfinished Basement
  • Num of Baths: 11.0
  • Num of Full Baths: 11
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 11.00
  • Bathrooms Total Integer: 11
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies Per Unit
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen)
Exterior Features
  • Construction: Frame, Brick
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle, Rubber
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: None, Unit 1(None)
  • Cooling: No
  • Electric: Fuses, Circuit Breakers, Varies per Unit
  • Sewer: City/Town Sewer
  • Utility Connections: Varies per Unit
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Bar business is for sale separately. Some rents/expenses are projected; please see attached proforma.
Tax Information
  • Tax ID: M:04 B:013 L:00031
  • Assessments: $403,100
  • Book: 62076
  • Tax Year: 2021
  • Zoning: MG-2
Building / Association Information
Living Characteristics
  • Beds Total: 16
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar, Granite
Income / Expenses
  • Electricity: $1,200.00
  • Annual Expenses Source: Owner, Projected, Pro. Forma Available
  • GOI: $147,900.00
  • Insurance: $7,000.00
  • GRE: $29,660
  • NOI: $118,240.00
  • Operating Expense: $29,660.00
  • WSE: $7,000.00
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 0
Rental Info
Rental Info
  • Total Actual Rent: $10,575.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 2%

Property History for 273-279 Grafton Street

DateEvent & SourcePriceAppreciation
Jan 10, 2022

Sold

MLS PIN #72872669

$1,010,000—
Oct 16, 2021

Contingent

MLS PIN #72872669

—
Jul 28, 2021

Listed (Active)

MLS PIN #72872669

$1,130,000—
DateEvent & SourcePrice
01/10/2022

Sold

MLS PIN #72872669

$1,010,000
10/16/2021

Contingent

MLS PIN #72872669

—
07/28/2021

Listed (Active)

MLS PIN #72872669

$1,130,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 273-279 Grafton Street

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - K to 6
Public - 7 to 8
Rating
School
Distance
Jacob Hiatt Magnet School
PublicPK to 6

Worcester Dual Language Magnet School
PublicPK to 6

Grafton Street School
PublicK to 6

Worcester East Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, Jim Black Group; eXp Realty, Richard Jenkins

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.