Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

289-291 Providence Rd

Grafton, MA ID #73566460

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289-291 Providence Rd

- Grafton, MA ID #73566460

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 01560
  • Taxes: 12,262
  • Levels: 5
  • Acres: 0.66

Parking

  • Garage Capacity: 12
  • Parking: Paved
  • Parking Spaces: 12

Rooms/Dimensions

  • Total Units: 8
  • Total Floors: 5
  • Total Rooms: 28
  • Has Basement: Yes

Location

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289-291 Providence Rd, Grafton, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Sam Takla of Coldwell Banker Realty - Framingham. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.