USAMAGrafton289 Providence Rd
Listing image | Image 1

289 Providence Rd, Grafton, MA

House

For Sale

Listed price in listed location currency (USD).
$1,900,000

12812

MLS® 73566460

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4428 sqft
Garage 
Taxes $12,262
Days Active 49
Lot Size 0.66 Acres
Approx. Age 1910
Avg. Price Per Sqft $429
MLS® Number 73566460

Property Address: 289 Providence Rd, Grafton, MA, 01519

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number73566460
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementUnfinished
DrivewayPaved Drive, Paved
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 20, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
289 Providence Rd, Grafton, MA

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