289 Providence Rd, South Grafton, MA 01560

South Grafton
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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...

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Home facts

  • Year built:1910
  • Listing ID #:73566460
  • Updated:September 25, 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
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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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