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12 Beds
8 Baths
4,428 sqft

$1,900,000

289 Providence Rd, Grafton MA, 01560

Price per sqft$429.09
Built in1910
Property size4,428 sqft
Property typeMulti-family

Overview

Active

Listed Aug 20, 2026

Updated 3 days ago

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.

$12,641/mo

Est. mortgage payment based on a $1,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73566460

Interior Features

Bedrooms
12
Bathrooms
8
Basement
Yes

Exterior Features

Lot Size
0.66 Acres

Other Property Details

Taxes
$12,262
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Sam Takla with Coldwell Banker Realty - Framingham

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Data last updated 4:00 AM UTC, 9/23/2026

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