$2,490,000

50 Water Street, Worcester, MA 01604

  • 6 baths |
  • 6,343 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $393/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turnkey mixed-use investment opportunity! This fully renovated 4-unit property features a restaurant on the ground floor and three upscale residential apartments above. Every unit has been updated with high-end finishes, offering modern style and durability for years to come. The building is fully leased, professionally managed, and maintained to the highest standard with no deferred maintenance—making it a truly hassle-free asset. Strong rent roll provides reliable income, while the combination of commercial and residential tenants creates long-term stability. An ideal addition to any portfolio seeking quality, performance, and peace of mind.

Listing Status:
Active
Date Added:
September 24, 2025 at 05:00AM
Listing Office:
RE/MAX Partners : 508-635-1600
Listing Agent:
James Kalogeropoulos : 508-635-8259
MLS ID:
73435233
  • Roofing: Rubber
  • Originating MLS: MLS Property Information Network
  • County: Worcester
  • Zoning: BG-3M:04 B:021 L:000011765015
  • Utilities: Public WaterPublic SewerNatural Gas Available220 VoltsThree Phase
  • Source: MLS Property Information Network

This listing courtesy of James Kalogeropoulos, RE/MAX Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grafton Street

311 Grafton St, Worcester, MA, 01604

Grades KG-6

0.42 miles away

W

Worcester East Middle School

420 Grafton St, Worcester, MA, 01604

Grades 7-8

0.69 miles away

C

Claremont Academy

15 Claremont St, Worcester, MA, 01610

Grades 7-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#73435234 - RE/MAX Partners