
31 Granby And 16.5 Caprera Rd Worcester — Photo 1 of 35
$1,099,000
Investment Analysis — 31 Granby And 16.5 Caprera Rd
Worcester, MA 01604
Based on rent reported on the MLS listing, a 4-unit multi-family in 01604 carries $8,115/mo in gross rent — about a 6.23% cap rate and $68,440/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
4
SqFt
3,735
Style
4 Family
Built
1900
Great investment opportunity consisting of a bundled 3-family property and single-family home, ideally located just minutes from Worcester’s popular Shrewsbury Street Restaurant Row and both the UMass Memorial Medical Center University and Memorial campuses. The 3-family property features three spacious 2-bedroom, 1-bath units, along with three off-street parking spaces. Common areas have been freshly painted, and the vacant third-floor unit has been recently remodeled with a pending tenant in place. Additional features include enclosed front porches serving all three units, a rear porch, valuable storage space, and washer/dryer hookups in each unit. The single-family home offers 2 bedrooms and 1 full bathroom and has been recently remodeled throughout. Updates include fresh paint, new flooring, and all-new appliances. The home is move-in ready and offers excellent additional rental income potential. Conveniently located near Routes 290, 190, 9, and 20, as well as the Massachusetts Turnpike, this bundled property offers excellent commuter access, strong income potential, and an outstanding opportunity for investors looking to expand their portfolio in Worcester.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Washer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Paul O'Rourke
Listing Office: The O'Rourke Group Real Estate Professionals
MLS® Number: 73581493