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49 Granite St, Worcester, MA, 01604

6beds
3baths
3,750sqft
$795,000
$212price/sqft
$5,980/moest. monthly cost
$239,200/yrincome needed

About This Home

Welcome to 49 Granite Street, a turnkey, well-maintained, updated 3-family property offering an excellent investment opportunity. Fully occupied with paying-tenants. This income-producing asset provides immediate cash-flow with current and or future owner-occupancy potential. Current rents are below market value, offering upside for increased income. Each unit features a versatile front room suitable as a third bedroom, office, or additional living space. Recent updates include modernized electrical systems, newer water heaters, central air on the first floor, and new gas parlor heaters on the second and third floors. The property also offers six off-street parking spaces all commonly used by tenants and visitor, and a detached two-car garage that is used by the owner for storage and or extra income potential. Conveniently located near local amenities and commuter routes. This is the opportunity you've been waiting for. Don't miss your chance to see all that this property has to offer.

Getting Around

67
WalkingSomewhat Walkable
35
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

5/10
Rice Square SchoolGrades K-60.6 mi
4/10
1/10
North High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,750

Heating & Cooling

  • Heating features: Central,Ductless
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 3,750
  • Total interior livable area: 3,750 sqft

Property

Details

  • Parcel number: M:35 B:012 L:00012,1794042
  • Zoning: RG-5

Features

  • Has view: Yes
  • View description: City View(s)

Lot

  • Lot size: 5,396 sqft

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$359$4,308
Property Taxes $863$10,356
Electricity $739$8,873
Total$5,980$71,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,028/yr
40% on housing$179,400/yr
45% on housing$159,466/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 01604$227
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01604$289
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-27Price change$795,000
2026-06-24Listed for sale$815,000
2025-03-10Sold$782,895
2024-12-12Listed for sale$779,900
2019-12-18Sold$225,000

For Sale by Agent

AgentMusa Muzaaya
BrokerageThe American Dream Real Estate

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