289-291 Providence Rd Grafton, MA 01560
Listing Courtesy of: MLS PIN / Listed By: Sam Takla, Coldwell Banker Realty

  289-291 Providence Rd Grafton, MA 01560

Active (2 Days)
$1,900,000 (USD)
12
BED
8
BATH
4,428
SQFT

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 #:
73566460
Taxes
$12,262(2026)
Lot Size
0.66 acres
Type
Multifamily
Year Built
1910
County
Worcester County

Listed By

Sam Takla, Coldwell Banker Realty
Source
MLS PIN
Last checked Aug 22 2026 at 10:15 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Electric Dryer Hookup
Property Features
  • Fireplace: 0
  • Foundation: Stone
Basement Information
  • Unfinished
Flooring
  • Wood
  • Tile
  • Vinyl
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public, For Electric Dryer, For Electric Range
  • Sewer: Public Sewer
Parking
  • Paved Drive
  • Paved
  • Total: 12
Stories
  • 5
Living Area
  • 4,428 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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