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Updated Two-Family Residence

11 Granville Worcester, MA 01606

11 Granville, Worcester, MA, 01606
$659,900
For Sale
$659,900

Updated two-family home offering off-street parking and flexible space for tenants or multigenerational living.

Property Size3,148 SF
Price / SF$209.63
Days on Market44

Property Features for 11 Granville

General Information

Standard status
Active
Size
3,148 SF
Property subtype
2 Family - 2 Units Up/Down

Building Details

Year Built
1933
Listing agency Harrington Real Estate Advisors
Listed by Pat Harrington
Source Lockandkeyre
Added: Jun 10 Updated: Jul 22 at 8:49AM Checked: Jul 22 at 8:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harrington Real Estate Advisors


Investment Insights

Based on property information with market context.

This updated two-family residence is presented for sale with added space suited to tenant use or multigenerational living. The property includes off-street parking for residents.

The offering is described as being in a convenient location. Group showings are scheduled as part of an open house on Saturday 6/13/2026 from 1–3, and all deposits are held by the sellers’ attorney; agents are advised to verify all information to their satisfaction.

Key Highlights

  • Updated two‑family home built in 1933
  • Off‑street parking
  • Flexible layout for tenants or multigenerational living

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.9k $22.20
− Vacancy −$3.8k −$1.22
EGI $66.0k $20.98
− OpEx −$19.8k −$6.29
NOI $46.2k $14.69
3,148 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K (±1% cap)
NOI $46,229 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$606.2K
$530.5K – $707.3K (±1% cap)
NOI $42,437 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.05M
$919.4K – $1.23M (±1% cap)
NOI $73,551 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Pharmacy Building Supply HVAC Service Electrical Service Computer & Electronic Repair Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated two-family home offering off-street parking and flexible space for tenants or multigenerational living.
Where is this duplex located?
The property is located at 11 Granville Worcester, MA.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Updated two‑family home built in 1933; Off‑street parking; Flexible layout for tenants or multigenerational living
Contact an agent
More about this property
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