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40 Aetna St Worcester, MA 01604

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For Sale
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Well-maintained building in Grafton Hill with strong rental income.

Lot size:
0.09 Acres

Property Features for 40 Aetna St

General Information

Lot size
0.09 Acres

Building Details

Year built
1920

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Listing Contact
Michael Tinsley
Source: Elliman

Listing Agent: Michael Tinsley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Grafton Hill Multifamily Investment Opportunity

This well-maintained building features a desirable unit mix consisting of three large 4-bedroom apartments and two renovated lower-level units, including one 2-bedroom and one 1-bedroom apartment. Solid rents are in place, with potential for improvement. Each spacious 4-bedroom unit includes a sunny living room, eat-in kitchen, full bath, separate laundry room, and enclosed front porch. The property also features a shared driveway with parking for four cars, separately metered utilities, individual electrical panels, and a newer central alarm system. Ongoing updates include new appliances, hot water tanks, and other improvements throughout the building. Located in the sought-after Grafton Hill neighborhood, the property is close to bus stops, the train station, restaurants, and the new Polar Park development, with easy highway access via I-290. The property is in a strong rental area with steady tenant demand, making it an excellent addition to any investment portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bookmark ATSM Building Supply

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.7883589
Latitude
42.2534393

FAQs

What type of property is this?
Apartment building - Well-maintained building in Grafton Hill with strong rental income.
Where is this apartment building located?
The property is located at 40 Aetna St Worcester, MA.
What are key features of this property?
This property features: - Desirable Grafton Hill location near transportation, restaurants, and Polar Park.; - Solid rents in place with potential for increased income.; - Spacious 4-bedroom units with separate laundry rooms and enclosed front porches.
More about this property
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