
11 West St Grafton — Photo 1 of 24
$398,200
Investment Analysis — 11 West St
Grafton, MA 01519
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01519 carries an estimated $2,970/mo in gross rent — about a 5.43% cap rate and $21,635/yr in estimated NOI at the $398,200 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,248
Style
Single Family
Built
1953
Roll up your sleeves, grab your toolbelt, and leave the white-glove expectations at the curb: 11 West Street is officially ready for its next chapter, and it’s definitely not pretending to be a turnkey. If your dream home checklist begins with “needs nothing” and “gleaming quartz countertops,” this is your polite cue to keep scrolling. But if your heart races at terms like sweat equity, architectural redemption, and taking a house down to its honest bones, welcome home. Priced deliberately to reflect the reality of the work ahead, this property is being offered strictly as-is, where-is. You will not find fresh staging cookies baking in the oven here; what you will find is a rare, below market opportunity to build serious equity in one of Worcester County’s most charming and sought-after towns. The structure has undeniable character, classic New England presence, and a floor plan waiting to be re-imagined and expanded upon. What it lacks in modern finishes, it makes up for in raw potential. Every room is essentially a blank canvas - some rooms just happen to have a few extra layers of historic “charm” and decades-old aesthetic choices that you will thoroughly enjoy stripping away with a pry bar. Whether you are an ambitious contractor, a seasoned investor looking for your next rewarding project, or an owner-occupant equipped with a renovation loan and a vision, this is the kind of project where smart design and hard work pay off in dividends. Beyond the walls, the location delivers real long-term value. Situated on West Street, you are tucked right in the center of Grafton’s distinctive community fabric: walking distance to the picturesque historic Grafton Common, excellent local dining, conservation trails, and convenient commuter routes including the Grafton MBTA commuter rail station and easy access to the Mass Pike, Routes 290, 140 and 20. Bring your architect, your contractor, your heavy-duty flashlight, and most importantly your imagination. Buyer and buyer’s agent/broker to perform all due diligence regarding systems, condition, permits, and zoning. Opportunities at this price point in Grafton do not linger; schedule your showing, embrace the grit, and bring this home back to life.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 624 sq ft (the lesser of 900 sq ft or half the 1,248 sq ft principal dwelling). Lot size: 10,204 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Highway Access • Public School
Geography
Listing Agent: Brendan Melican
Listing Office: Keller Williams Pinnacle Central
MLS® Number: 73582426