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For Sale

289 Providence Rd, Grafton MA 01560

Grafton, MA 01560

$1.9M
12 BD · 8 BA · 4,428 sf · 0.66 ac · Built 1910
The residence

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.

At a glance
Property type
5-9 Family
Status
Active
Year built
1910
Lot size
0.66 acres
Living area
4,428 sf
MLS#
c911621f9d96c0ebf59b0928aef2a416
Beds · Baths
12 · 8
Location

Grafton, MA.

Grafton, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$9K/mo
Approximate · principal & interest only
Display Currency
$1.9M

Indicative conversion — settlement always in USD.

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Listing courtesy of Coldwell Banker Realty - Framingham · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Sep 22, 2026

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