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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 2 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
Available since
August 20, 2026

Interior Features

Bedrooms
12
Bathrooms
8
Basement
No

Exterior Features

Lot Size
0.66 Acres

Other Property Details

Taxes
$12,262
Tax Frequency
Annually

 

Courtesy of Sam Takla

Based on information from DASH - Coldwell Banker (CB) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 8:40 AM UTC, 10/10/2026

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