Prime mixed-use property at 264 Grafton St offers an excellent investment opportunity in a high-visibility corner location. The first floor houses a popular taco spot, while the upper levels feature three residential units: a studio and two one-bedroom apartments, all generating steady rental income of approximately $3,000/month on month-to-month agreements. The property includes an attached lot with 18-20 parking spaces, presenting potential for future development. With its strategic location, diverse income streams, and buildable lot, this property is perfect for investors or entrepreneurs seeking a versatile and lucrative asset.
MLS# | 73319496 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1987 |
Days On Site | 68 |
Listing Provided By | Castinetti Realty Group | Andrea Beth Castinetti |
Zoning | BL-1 |
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Acreage | 0.32 |
State | MA |
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County | Worcester |
City | Worcester |
Zip Code | 01604 |
Area | Worcester |
Listing VS Median (in 01604) | |
Price: $1,250,000 low | high Med: $367,500 On Site: 68 low | high Med: 75.000000 |