Active
2 Days on market
31 Granby And 16.5 Caprera Rd Worcester — Photo 1 of 35

31 Granby And 16.5 Caprera Rd Worcester — Photo 1 of 35

$1,099,000

31 Granby And 16.5 Caprera Rd, Worcester, MA 01604

Worcester, MA 01604

Investor Analysis

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$294/sqft
Local Avg (Worcester)$231/sqft
27% AboveMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$1,099,000
Annual Taxes$5,569

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRG-5

Property & Lot

Acres0.12
SqFt Lot5,255
Lot FeaturesEasements

Amenities & Appliances

Range • Refrigerator • Washer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Population

39,812

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Paul O'Rourke

Listing Office: The O'Rourke Group Real Estate Professionals

MLS® Number: 73581493

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