USAMAGrafton291-289-291 Providence Rd
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$1,900,000

For Sale

5 days ago

291 - 289-291 Providence Rd, Grafton, MA

MLS® 73566460

12 Bed

8 Bath

4428 sqft

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4428 sqft
Garage No
Taxes $12,262
Days Active 5
Lot Size 0.6600000262260437 Acres
Approx. Age 1910
Avg. Price Per Sqft $429
MLS® Number 73566460

Property Address: 291-289-291 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 LevelElectric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.66
Exterior
GarageNo
Approx. Age1910
BasementUnfinished
DrivewayPaved Drive, Paved
Garage Spaces0
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
289-291 Providence Rd, Grafton, MA

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