289 Providence Rd, South Grafton, MA 01560
Local realty services provided by:CENTURY 21 Realty Network
289 Providence Rd,Grafton, MA 01560
$1,900,000
- 12 Beds
- 8 Baths
- 4,428 sq. ft.
- Multi-family
- Active
Listed by: sam takla
Office: coldwell banker realty - framingham
MLS#:73566460
Source:MLSPIN
Price summary
- Price:$1,900,000
- Price per sq. ft.:$429.09
About this home
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....
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Home facts
- Year built:1910
- Listing ID #:73566460
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:28
- Flooring:Tile, Vinyl, Wood
- Basement Description:Unfinished
- Living area:4,428 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:4,428 sq. ft.
- Lot area:0.66 Acres
- Construction Materials:Frame
- Exterior Features:Porch
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$429.09
- Tax amount:$12,262 (2026)
Features and amenities
- Laundry features:Electric Dryer Hookup
Parking
- Total parking spaces:12
- Parking description:Paved, Paved Drive
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