289-291 Providence RoadGrafton, MA 01560MLS Number 73566460

  • Price: $1,900,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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%
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Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560289-291 Providence Road Grafton MA 01560
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  • 12Bedrooms
  • 0.66Acreage
  • 8Bathrooms
  • 1910Year Built

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Exceptional 8-Unit Multifamily Investment Opportunity - Grafton, MARare opportunity to own two multifamily buildings located at 289-291 Providence Road, Grafton, MA, offering a total of 8 residential units. The property consists of four 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, providing a desirable mix of unit types with strong rental demand.The property generates $15,700 per month in rental income ($188,400 annually) with annual operating expenses of approximately $35,262, resulting in an attractive 8% cap rate. Each apartment is separately metered, with tenants responsible for their own gas and electricity, helping minimize owner operating expenses and maximize cash flow.This well-performing investment offers stable income with additional upside through future rent increases and property improvements. Conveniently located with easy access to major highways, shopping, restaurants, schools, and area amenities, this property is an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.
Listed by Sam Takla of Coldwell Banker Realty - Framingham

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More Info

Basic Information

  • Gross Income $188,400
  • Listing Terms Contract
  • Mls StatusNew
  • Parcel Number M:0116.0 B:0000 L:0013

Location

  • Address289-291 Providence Road
  • Building Number289-291
  • CountyWorcester
  • StateMA
  • StreetProvidence Road
  • TownGrafton
  • Zip01560

Exterior

  • RoofShingle

Property Information

  • Building Area Source Owner
  • Living Area 4,428
  • Lot Size Square Feet 28,575
  • Lot Size Units Acres
  • Square Feet4,428

Tax Information

  • Tax Assessed Value $895,700
  • Tax Year 2026
  • Taxes$12,262

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms12
  • Full Bath8

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms28
  • Stories5
  • Units8
  • Utilities For Electric Range, For Electric Dryer
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Paved
  • Parking Spaces12

Basic Information

  • List Price$1,900,000
  • MLS Number73566460
  • Modification Date08/20/2026
  • Property SubType5-9 Family

Property

  • Acreage0.66

Interior

  • Flooring Wood, Tile, Vinyl

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Golf
    • House of Worship
    • Laundromat
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
  • Other AmenitiesBasement, Golf, Tennis

Other

  • Date Listed08/20/2026
  • Farm Land Area Units Square Feet
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Grafton, MA Demographics

There is no data available

Grafton, MA Real Estate Market Data

There is no data available

Grafton, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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