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 32 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
Water Views
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 Tax10626
Annual Income & Unit Breakdown for 311-313 Providence Road, Grafton MA 01560
Total Gross Income (Calculated)$69,600
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 311-313 Providence Road, Grafton MA 01560
Listing ID73058275
Property TypeMulti Family / 5+ Family
Price1950000 ($277.5/SqFt)
Style5-9 Family
CityGrafton
CountyWorcester
MLS AreaSouth Grafton
Neighborhood(s)
Approximate Living Area Total7027
Approximate Lot Size (Acres)0.25
Total Parking15
Garage Parking0
Year Built1930
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningVMU
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 311-313 Providence Road, Grafton MA 01560
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 311-313 Providence Road, Grafton MA 01560
Real Estate Taxes10626
Tax Year2022
Assessed Value$629,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
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 AmenitiesWalk/jog Trails
Contact Information for 311-313 Providence Road, Grafton MA 01560