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Active

289-291 Providence Rd

Grafton, MA 01560

Offered at$1,900,000

Residential Income · Active · MLS #73566460
Listing Courtesy of Coldwell Banker Realty - Framingham | Sam Takla

12Bedrooms
8Bathrooms
4,428Square feet
1910Year built

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MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
28
Flooring
Wood, Tile, Vinyl

Building

Style
5-9 Family
Year built
1910
Parking
12
Foundation
Stone
Roof
Shingle

Land & utilities

Lot size
0.66 acres
Water
Public
Sewer
Public Sewer
Zoning
RMF

Financial

Annual taxes
$12,262
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,796,964

Estimated range $1,683,096$1,910,833

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationabove average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Grafton

MetricThis propertyGrafton
List price$1,900,000$874,000117% above local
Price / sq ft$429$34225% above local
Days on market144670% below local
Explore homes in Grafton

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 289-291 Providence Rd

Can I schedule a private showing?

Yes. Request a tour of 289-291 Providence Rd and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.