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161-163 ½ Grand Street in Worcester, Massachusetts consists of three buildings on a single parcel. The property contains twelve (12) total units, comprised of three (3), 3-Bedroom/1-Bathroom units and nine (9), 2-Bedroom/1-Bathroom units. The current rents are significantly below market, providing the incoming owner with the opportunity to increase rents to market rates via programmatic updates to the units. Six (6) units will be delivered vacant. Each unit is separately metered for electricity and gas (heat and hot water), which the Tenants pay directly. 163 Grand Street has a brand-new rubber roof (2022). 161-163 ½ Grand Street includes ample parking for residents with 12 off-street parking spaces, as well as on-site, coin-op laundry. The property is just .25 miles from Main South CDC's 45-unit housing development at 92 Grand Street & roughly 1.6 miles from the MBTA stop at Worcester's Union Station. Listed gross rent includes market rent for vacant units.

Property Details of 161 Grand Street

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Worcester, MA Schools

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Listed by Ryan Benton of Horvath & Tremblay

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