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Street View
$1,900,000
Monthly Est:$9,457
12 Beds
8 Baths8 full baths
4,428sqft
289 Providence Rd, South Grafton, MA 01560
$1,900,000
$9,457/moEst:
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Multi Family
Built in 1910
$-- HOA
0.66 acre lot
$429/sq.ft
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: September 22, 2026 at 3:36 pm
- Listing Provided by: Sam Takla (978) 810-5348 | Coldwell Banker Realty - Framingham (508) 872-0084
- Source: MLS Property Information Network-MA | MLS#: 73566460
Property Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
4,428 sqft
Lot Size
0.66 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73566460
MLS Status
Active
Days on Market
79
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Interior
Flooring
Wood, Tile, Vinyl
Sewer
Public Sewer
Construction
Year Built
Year Built: 1910
Home type
Multi Family
Roof
Shingle
Construction Materials
Frame
Foundation Details
Stone
Utilities & Energy
Utilities
For Electric Range, For Electric Dryer
Basement
Unfinished
Water Source
Public
Parking Features
Paved Drive, Paved
Laundry Features
Electric Dryer Hookup
Other Features
Disclosures
The Rent Roll Is Attached To The Listing.
Patio And Porch Features
Porch
Community Features
Public Transportation, Shopping, Tennis Court(s), Golf, Medical Facility, Laundromat, House Of Worship, Public School
Price History
| Date | Event | Price |
|---|---|---|
08/20/2026 Source: | Listed for Sale | $1,900,000 +467.16% $429/sqft |
11/17/2006 Source: | Listing Removed | $335,000 $76/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Nov 08, 2026, 09:45AM. 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. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
