49 Granite St, Worcester MA 01604
Worcester, MA 01604
$815,000
$795,000
Est. $4,990/month
Open House Schedule
09
Aug
Sunday, August 9
12:00 PM - 1:30 PM EDT
About this home
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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.5%
Price Range
Property Timeline
Price Reduced
Jun 27, 2026
$795,000
$20,000
(-2.45%)
From $815,000 to $795,000 (-2.5%)
Listed for Sale
Jun 24, 2026
$815,000
Original listing
Agent: Musa Muzaaya
Office: The American Dream Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/27/2026 | ↓ Price Reduced | $795,000 | $20,000 | - | From $815,000 to $795,000 (-2.5%) |
| 06/24/2026 | 🏠 Listed for Sale | $815,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,237 | $700,300 |
Financial Details
Annual Property Tax
$9,237
Tax Year 2025
Assessed Value
$700,300
Facts & Features
2 Car Garage
Central AC
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,750 sq ft
Lot Size
0.12 acres
Bedrooms
6
Full Baths
3
Total Rooms
18
Investment Metrics
Units
3
Unit 1 Rent
$2,000/mo · Y
Unit 2 Rent
$2,000/mo · N
Unit 3 Rent
$2,000/mo · Y
Total Monthly Rent
$6,000/mo
Gross Income
$72,000
Net Operating Income
$72,000
Operating Expenses
$500
Water/Sewer Expense
$500
Cap Rate
9.06%
Interior
Heating
Central, Ductless
Cooling
Central Air, Window Unit(s)
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Paved
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,237
Assessed Value
$700,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyers And Buyers Agents To Perform Their Own Due Diligence. Information Deemed Reliable But Not Guaranteed. 2nd Floor Unit Has Tenant At Will. 1st And 3rd Floor Tenants Leases Expire April And Feb 2027 Respectively.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
18 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,750 sq ft
Total Rooms
18
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,750 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Central, Ductless
Cooling:
Central Air, Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Paved
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
Nearby Schools
School District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
10 schools
F
Union Hill School
0.3 mi
|
#815 of 824
|
Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students
Diverse
Grades K-06
D
Vernon Hill School
0.4 mi
|
#787 of 824
|
Score: 29.4
Dropped 44 spots from last year
-28.8 below state avg
525 students
Diverse
Diverse Student Body
Grades PK-06
C-
Learning First Charter Public School
0.6 mi
|
#289 of 352
|
Score: 32.5
Improved 43 spots from last year
-25.7 below state avg
666 students
Diverse
Rising School
Grades K-08
F
Grafton Street School
0.7 mi
|
#795 of 824
|
Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students
Diverse
Diverse Student Body
Grades K-06
D
Worcester Cultural Academy Charter Public School
0.7 mi
|
#786 of 824
|
Score: 29.4
Improved 49 spots from last year
-28.8 below state avg
194 students
Diverse
Rising School
Diverse Student Body
Grades K-06
F
Quinsigamond School
1.0 mi
|
#797 of 824
|
Score: 28.9
Dropped 59 spots from last year
-29.3 below state avg
738 students
Diverse
Diverse Student Body
Grades PK-06
C-
Jacob Hiatt Magnet School
1.3 mi
|
#691 of 824
|
Score: 36.2
Dropped 136 spots from last year
-22 below state avg
367 students
Diverse
Diverse Student Body
Grades PK-06
F
City View School
1.4 mi
|
#812 of 824
|
Score: 25.8
Dropped 79 spots from last year
-32.4 below state avg
464 students
Diverse
Diverse Student Body
Grades PK-06
F
Chandler Elementary Community School
1.5 mi
|
#805 of 824
|
Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students
Diverse
Grades K-06
C-
Canterbury School
1.5 mi
|
#745 of 824
|
Score: 32.7
Improved 64 spots from last year
-25.5 below state avg
329 students
Diverse
Rising School
Grades PK-06
Middle Schools
6 schools
The Nativity School of Worcester
1.9 mi
Grades 05-08
Worcester SDA School
3.9 mi
Grades 01-08
C-
Worcester East Middle School
0.5 mi
|
#298 of 352
|
Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
3.1 mi
|
#229 of 352
|
Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C+
Burncoat Middle School
3.5 mi
|
#233 of 352
|
Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B
Sullivan Middle School
3.7 mi
|
#157 of 352
|
Score: 43.9
Improved 28 spots from last year
-14.3 below state avg
940 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
10 schools
Saint Paul Diocesan Junior/Senior High School
0.4 mi
Grades 07-12
Worcester Academy
0.4 mi
Grades 06-12
Worcester Alternative High School
1.1 mi
36 students
Diverse
Grades 07-12
B+
Claremont Academy
1.6 mi
|
#9 of 25
|
Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
C-
University Park Campus School
1.9 mi
|
#290 of 346
|
Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students
Diverse
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Attendance
Grades 07-12
Notre Dame Academy
3.2 mi
Grades 07-12
C-
North High School
1.5 mi
|
#300 of 346
|
Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
2.1 mi
|
#2 of 346
|
Score: 91.7
Same rank as last year
99 students
Diverse
Strong AP Program
College Ready Curriculum
Strong Attendance
Grades 11-12
C+
Worcester Technical High School
2.2 mi
|
#219 of 346
|
Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
B-
Doherty Memorial High School
2.2 mi
|
#195 of 346
|
Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Property Tax
$770
Homeowners Insurance
$200
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Year 1
95% Interest
Year 15
50/50
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95% Principal
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Location
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Neighborhood
49 Granite St, Worcester MA 01604
Worcester, MA 01604
Listing Information
Listing Agent
Musa Muzaaya
Listing Office
The American Dream Real Estate
Office Phone
617-290-6783
Agent MLS ID
CN229966
Office MLS ID
K95454
Listing Data Updated
Jul 12, 2026 8:18 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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