40 Aetna St Worcester, MA 01604
Well-maintained building in Grafton Hill with strong rental income.
Lot size:
0.09 AcresProperty Features for 40 Aetna St
General Information
- Lot size
- 0.09 Acres
Building Details
- Year built
- 1920
Source:
Elliman
Listing Agent: Michael Tinsley
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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.
Location Intelligence
Current Use by Public Records
Bookmark ATSM
Electrical Supply Store
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7883589
- Latitude
- 42.2534393
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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 is the asking price?
The asking price for this property is $1,100,000.
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.