120 Grand St Worcester, MA 01603
South Worcester NeighborhoodEstimated payment $4,249/month
Highlights
- Medical Services
- Tennis Courts
- Living Room
- Property is near public transit
- Window Unit Cooling System
- Shops
About This Home
Looking for your next investment? This is it. Step into this mixed-use property in Worcester’s BL-1 zone offering solid income and room to grow. Both residential units have 3 bedrooms and 1 bath with in-unit laundry, and the second-floor unit has central air. Both tenants are TAW. Rents are $1,500 for Unit 1 and $2,000 for Unit 2, plus $500/month from a storage rental. The lower level has two additional commercial spaces that are currently unused and in need of some TLC, but offer great potential for retail, office, studio, or small business use. Close to Polar Park and major routes 146, 290, and route 20. Plenty of on/off street parking. This is a great opportunity for investors or an owner-occupant looking for income and long-term upside. You don't want to miss this! Schedule a showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,463
Year Built
- Built in 1900
Lot Details
- 4,646 Sq Ft Lot
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 5,022 Sq Ft Home
- Property has 1 Level
- Living Room
- Range
- Washer and Electric Dryer Hookup
- Unfinished Basement
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Stone Driveway
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Goddard Elementary School
- Dr. Arthur F. Sullivan Middle School
- South High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 2 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
Additional Features
- 2 Units
- Net Operating Income $42,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $625,000 | -- | $124 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73456911
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