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49 Granite St, Worcester MA 01604

Worcester, MA 01604
$815,000
$795,000
Est. $4,990/month
6
Beds
3
Baths
3,750
Sq Ft
$212
Price/Sq Ft
0.12
Acres
1900
Year Built
2
Garage Spaces
16
Days on Market
Active Price Drop -$20,000 Listed Jun 24, 2026 • MLS# 73540621 Copied! • Updated Jul 1, 2026

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 future owner-occupancy potential. Current rents are below market, 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 and a detached two-car garage for additional storage or rental 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

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

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%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,237
Assessed Value $700,300
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyers And Buyers Agents To Perform Their Own Due Diligence. Information Deemed Reliable But Not Guaranteed.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 7 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
Cooling:
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 information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $770
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

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 1, 2026 3:09 AM 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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