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Image 1 - 196 Fairmont Ave, Worcester, Massachusetts, 01604 - House for sale
Image 2 - 196 Fairmont Ave, Worcester, Massachusetts, 01604 - House for sale
Image 3 - 196 Fairmont Ave, Worcester, Massachusetts, 01604 - House for sale
Fairmont Ave, Worcester, Home For Sale
196 Fairmont Ave, Worcester, Massachusetts, 01604

Fairmont Ave, Worcester, Home For Sale

house for sale
Listed: 07/01/24

196 Fairmont Ave, Worcester, Massachusetts, 01604

9 Bed:
3 Bath:
4,065 Sq Ft Living Area:
Save
Price
$ 625,000

About This House

This LARGE three-family home offers immense potential for the right buyer in sought after area of Grafton Hill. With a bit of TLC, this property can be transformed into a lucrative rental or a spacious multi-family residence. This property features three units, each with three spacious bedrooms, one bathroom, a comfortable living room, a separate dining room, and a functional kitchen. Off-street parking and a two car garage add to the appeal, making it attractive to potential tenants and owner occupants. The proximity to major highways and downtown makes it ideal for commuting. The vibrant community blends urban amenities with suburban charm, making it a desirable location for families and professionals alike.With the strong rental market in Worcester, there's potential for significant rental income post-renovation, and strategic upgrades can greatly increase the property's value. Won't qualify forFHA/ VA

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Grafton Square Housing & Living

Household Income

Median household income: $45,869
Number of households: 70,792
The average household income in Worcester, MA grew from $45,599 to $45,869 in the past year. This data is an estimate based upon 70,792 households in Worcester, MA.
The chart below presents how household income is distributed in Worcester, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Worcester, MA compared to median property taxes around the country. The prevalent amount of property taxes in Worcester, MA equals $3k+ , which is more than the national average.