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Canceled

311-313 Providence Road, Grafton MA 01560

$1,950,000

Estimated $4,047.42/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $177,272.73

Total Rent: 69600/year

Estimated CAP Rate: 3.02%

12 Bedrooms

12 Full, 1 Half Baths

7,027 SqFt

Total Parking: 15

10,890 SqFt

INVESTORS TAKE NOTICE! A RARE OPPORTUNITY! 1500 SQFT COMMERCIAL SPACE ZONED VILLAGE MIXED-USE AND 10-RESIDENTIAL UNITS ON ROUTE 122 IN GRAFTON. ALL THE MAJOR WORK ITEMS HAVE BEEN UPDATED! A SIX-UNIT MIXED-USE BUILDING AND A SEPARATE 4-UNIT RESIDENCE ON ONE LOT. BOTH BUILDINGS HAVE BEEN RECENTLY RENOVATED! INCLUDING RECENT ELECTRICAL SYSTEMS, HEATING SYSTEMS, ON-DEMAND WATER HEATERS, RECENT ROOFS, RECENT SPRINKLER SYSTEMS, AND WATER LINES, ADDRESSABLE FIRE ALARMS. RECENT HARDWOOD FLOORING, UPDATED BATHROOMS, STAIRWAYS AND HALLWAYS, PORCHES, AND ALL SEPARATE UTILITIES. PLENTY OF OFF-STREET PARKING. CALL YOUR REALTOR FOR A SHOWING APPOINTMENT TODAY!

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 5:05am (Source: MLS PIN #73058275)

Gross Income: $69,600

Gross Expenses: $10,626

Net Income Calc: $58,974

CAP Rate: 3.02%

Annual Expenses for 311-313 Providence Road, Grafton MA 01560

Total Gross Expenses (Calculated)$10,626/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,626

Annual Income & Unit Breakdown for 311-313 Providence Road, Grafton MA 01560

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$1,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$1,400

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,400

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 311-313 Providence Road, Grafton MA 01560

Listing ID73058275

Property TypeMulti Family / 5+ Family

Price$1,950,000 ($277.5/SqFt)

Style5-9 Family

CityGrafton

CountyWorcester

MLS AreaSouth Grafton

Neighborhood(s)

Approximate Living Area Total7,027 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking15

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Other

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningVMU

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 311-313 Providence Road, Grafton MA 01560

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureBUYER NEEDS TO PERFORM ALL DUE DILIGENCE AT BUYERS

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$86,400

Total Net Income By Broker$86,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 311-313 Providence Road, Grafton MA 01560

Real Estate Taxes$10,626

Tax Year2022

Assessed Value$629,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$86,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$86,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.02%

Location Information for 311-313 Providence Road, Grafton MA 01560

Elementary SchoolS.Grafton Grd

Middle SchoolS.Grafton Mid

High SchoolS.Grafton High

Neighborhood(s)

MLS AreaSouth Grafton

Area AmenitiesHighway Access, House Of Worship, Public School, Private School, Other, Sidewalks

Contact Information for 311-313 Providence Road, Grafton MA 01560

Agent

Name: Christina Kelly

Office

Name: ALL CAPITAL REALTY, LLC

Phone: 508-366-4888

Payment Calculator

, Interest

Property Taxes 885.5

Principal & Interest 12015.28

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ALL CAPITAL REALTY, LLC

Christina Kelly

Agent Phone

Office Phone

(508) 366-4888

Text Agent Call Agent Call Office

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[optional_price] => 0
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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[roof_material] => Array
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    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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    [team] => Array
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[terms] => Array
        (
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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        )

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[water] => Array
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[water_expense] => Array
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    [zoning] => VMU
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EXIT

Canceled

311-313 Providence Road, Grafton MA 01560

$1,950,000

Annual Expenses for 311-313 Providence Road, Grafton MA 01560

Annual Income & Unit Breakdown for 311-313 Providence Road, Grafton MA 01560

General Information for 311-313 Providence Road, Grafton MA 01560

Disclosures for 311-313 Providence Road, Grafton MA 01560

Financial Information for 311-313 Providence Road, Grafton MA 01560

Location Information for 311-313 Providence Road, Grafton MA 01560

Contact Information for 311-313 Providence Road, Grafton MA 01560

Agent

Office

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Exclusive Listing Agent

ALL CAPITAL REALTY, LLC

Christina Kelly