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.
For sale
$1,900,000
289-291 Providence Rd, South Grafton, MA 01560
12beds
4,428sqft
5-9 Family
Built in 1910
-- sqft lot
$-- Zestimate®
$429/sqft
$-- HOA
What's special
- 8 days
- 172
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sam Takla 978-810-5348,
Coldwell Banker Realty - Framingham 508-872-0084
Source: MLS PIN,MLS#: 73566460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Appliances
- Laundry: Electric Dryer Hookup
Features
- Flooring: Wood, Tile, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,428
- Total interior livable area: 4,428 sqft
- Finished area above ground: 4,428
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Paved
- Uncovered spaces: 12
Features
- Patio & porch: Porch
Lot
- Size: 0.66 Acres
Details
- Parcel number: M:0116.0 B:0000 L:0013
- Zoning: RMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Golf, Medical Facility, Laundromat, House of Worship, Public School
Location
- Region: South Grafton
Financial & listing details
- Price per square foot: $429/sqft
- Tax assessed value: $895,700
- Annual tax amount: $12,262
- Date on market: 8/20/2026
- Listing terms: Contract
- Total actual rent: 15700
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $1,900,000$429/sqft |
Source: MLS PIN #73566460 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





