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 current and or future owner-occupancy potential. Current rents are below market value, 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 all commonly used by tenants and visitor, and a detached two-car garage that is used by the owner for storage and or extra income 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.
Multi-familyProperty Type
1900Year Built
5,396 sq ftLot Size
$210Price/Sq.Ft.
2 garage spacesParking
Listed by Musa Muzaaya• The American Dream Real Estate
Vernon Hill, located between Kelley Square and Clark University, is a historic and residential Worcester neighborhood with brick triple-deckers and hilltop views. The neighborhood’s character concentrates around the Kelley Square rotary and Green Street, where corner markets, longtime eateries, and auto shops set a working-city rhythm. Architectural texture runs from late-19th-century multifamilies to sturdy industrial-era blocks edging the Canal District. Crompton Park adds a green pause above the street grid, while nearby arts and campus energy spill in from Clark. New England Botanic Garden at Tower Hill sits just beyond the neighborhood’s orbit for a weekend reset.
Provided by Walk Score and Local Logic
Offer insights
49 Granite St · $789,000
$788K and above
75% chance or better to win
Why $788K+ is a strong offer
DAYS ON MARKET
121 days
The average home goes pending in 29 days.
SALE-TO-LIST
100.3%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Bathroom
Bedroom
Interior features
Total of 18 rooms
Full, unfinished basement
Bedrooms
Three units with varying levels: Unit 1 is single-level, Unit 2 is single-level (listed as 2 floors), Unit 3 is single-level (listed as 3 floors)
Bathrooms
Three full bathrooms
Heating & cooling
Central heating
Ductless heating
Central air conditioning
Window air conditioning units
Exterior features
City views
Shingle roof
Paved driveway and paved off-street parking
Home design
3-family property (3 units up/down)
Three stories total
Above-grade living area approximately 3,750
Parking
2-car garage (2 garage spaces)
2 covered parking spaces
6 open parking spaces
Total of 8 parking spaces
Construction
Frame construction
Stone foundation
Built (year per public records)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Financial info
Active listing
Electricity and solar
View estimated energy costs and solar savings for this home
This fully occupied triple-decker is a prime investment opportunity with updates and income potential. The third-floor unit has been recently renovated and all units are occupied on a month-to-month basis, providing flexibility for new ownership. Front room of each unit could serve as third bedroom. Key updates include modernized electrical systems, new water heaters, and added comfort with central air on the first floor. The second and third floors are equipped with new gas parlor heaters. The property also features 6 car off-street parking and a 2-car detached garage, offering additional storage or rental income potential. With its strong rental appeal and system upgrades, this property is perfect for investors or owner-occupants looking to maximize value. Don’t miss this exceptional opportunity!
Public Records
Sep 4, 1986
Sold
$95,000
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,172 (+14.3%)
$73,500 + $496,400
$569,900
2022
$7,149 (+13.0%)
$58,800 + $411,200
$470,000
2021
$6,328 (+27.1%)
$47,100 + $341,600
$388,700
2020
$4,979 (−14.4%)
$46,700 + $246,200
$292,900
2019
$5,814 (+18.7%)
$40,800 + $282,200
$323,000
2018
$4,900 (+6.6%)
$40,800 + $218,300
$259,100
2017
$4,597 (+4.0%)
$40,800 + $198,400
$239,200
2016
$4,421 (+5.5%)
$29,700 + $184,800
$214,500
2014
$4,191 (+4.5%)
$29,700 + $184,800
$214,500
2013
$4,010 (+6.8%)
$33,600 + $182,200
$215,800
2012
$3,753 (+13.6%)
$33,600 + $187,400
$221,000
2011
$3,305 (+3.0%)
$57,900 + $147,900
$205,800
2010
$3,210 (−12.8%)
$57,900 + $154,000
$211,900
2009
$3,683
$76,900 + $195,900
$272,800
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,750
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,750
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1794042
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01604
Average low and high temperatures (°F)
32
19
35
20
50
31
60
41
68
51
81
61
84
65
80
60
75
56
64
45
51
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Worcester. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 49 Granite St
$764,405
$25K under list price of $789K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $672K to $985K.