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40 Aetna Street Worcester, MA 1604

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For Sale
$1,049,000

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

Type:Multi-family / 5-9 Family
Property size:
5,873 SF
Added:
Nov 5, 2025
Days on Market:
166
Last Refresh:
Mar 13 at 6:53 pm

Property Features for 40 Aetna Street

General Information

Standard status
Active
Size
5,873 SF
Property subtype
Multi-family / 5-9 Family

Building Details

Year Built
1920

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Listing Contact
Michael Tinsley

Listing agent Michael Tinsley License #9506245

Listing office Longwood Residential, LLC

Listing date Nov 5, 2025

Source Compass

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 Longwood Residential, LLC


Overview

Grafton Hill Multifamily Investment Opportunity

This large, well-maintained building features a desirable unit mix consisting of three 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 and hot water tanks, along with 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. It also offers convenient highway access via I-290. The property is situated in a strong rental area with steady tenant demand, making it an excellent addition to any investment portfolio. The building's size is 5873 square feet.
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

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  • 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 Street Worcester, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Desirable Grafton Hill location: close to transportation, restaurants, Polar Park, and I‑290.; Strong rental area with steady tenant demand and solid rents in place with room for improvement.; Large, well‑maintained building with a desirable unit mix: (3) 4‑bedroom apartments and (2) renovated lower‑level units.
More about this property
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