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Active

289 Providence Rd, Grafton MA 01560

$1,900,000

Estimated $4,103/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $237,500

Total Rent: 105600/year

Estimated CAP Rate:

12 Bedrooms

Baths

4428

Total Parking: 12

28,575 (0.66)

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.

This home has been viewed 7 times

Last Checked: September 23rd, 2026 at 8:18am (Source: MLS PIN #73566460)

Gross Income: $105,600

Gross Expenses: $12,262

Net Income Calc: $93,338

Water Views

Annual Expenses for 289 Providence Rd, Grafton MA 01560

Total Gross Expenses (Calculated)$12,262/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12262

Annual Income & Unit Breakdown for 289 Providence Rd, Grafton MA 01560

Total Gross Income (Calculated)$105,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 289 Providence Rd, Grafton MA 01560

Listing ID73566460

Property TypeMulti Family / 5+ Family

Price1900000 ($429.09/SqFt)

Style5-9 Family

CityGrafton

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4428

Approximate Lot Size (Acres)0.66

Total Parking12

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRMF

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 289 Providence Rd, Grafton MA 01560

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 289 Providence Rd, Grafton MA 01560

Real Estate Taxes12262

Tax Year2026

Assessed Value$895,700

Financial Data SourceEstimated

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 289 Providence Rd, Grafton MA 01560

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 289 Providence Rd, Grafton MA 01560

Agent

Name: Sam Takla

Office

Name: Coldwell Banker Realty - Framingham

Phone: 508-872-0084

Payment Calculator

, Interest

Property Taxes 1021.83

Principal & Interest 11707.2

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Framingham

Sam Takla

Agent Phone

Office Phone

(508) 872-0084

Text Agent Call Agent Call Office

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EXIT

16 More Photos

Active

289 Providence Rd, Grafton MA 01560

$1,900,000

Annual Expenses for 289 Providence Rd, Grafton MA 01560

Annual Income & Unit Breakdown for 289 Providence Rd, Grafton MA 01560

General Information for 289 Providence Rd, Grafton MA 01560

Disclosures for 289 Providence Rd, Grafton MA 01560

Financial Information for 289 Providence Rd, Grafton MA 01560

Location Information for 289 Providence Rd, Grafton MA 01560

Contact Information for 289 Providence Rd, Grafton MA 01560

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Framingham

Sam Takla