Address
289-291 Providence Road, Grafton, MA
Price
$ 1,250,000
Property Attributes
  • MLS#73219304
  • TypeContingent
  • CountyWORCESTER
  • CityGrafton
  • Zip01560
  • Style5-9 Family
  • Year Built1900
  • Taxes$ 10425
  • Price$ 1,250,000
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size0.66 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Spacious Multi-Unit Property in Grafton! Welcome to your next investment opportunity in the heart of Grafton! This property boasts a total of eight units! With four units featuring two bedrooms and four units with one bedroom, this property caters to various needs, ensuring broad appeal in the rental market. A large parking lot, providing hassle-free parking for the tenants! Updated heating and hot water tanks for many of the units - Don't miss out on making this property yours! All units are TAW and rents are below market.

Price History
4/3/2024 Listed $1,250,000

General Features

Interior Features Living Room,Kitchen
Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling None
Utilities for Gas Range,for Electric Range,for Electric Oven
Roof Shingle
Appliances Range,Refrigerator
Zoning RMF
Patio/Porch Features Porch
Construction Materials Frame
Year Built 1900
Electric 100 Amp Service,Individually Metered,Varies per Unit
Property SubType 5-9 Family
Tax Year 2023
Gross Income 93000
Community Features Shopping,Park,Walk/Jog Trails,Highway Access
County Worcester
Net Operating Income 76200
Operating Expense 16800
Insurance Expense 667
Property Type Residential Income
Contingency Financing
Garage Y/N No
Rent Includes Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Total Rooms 28
Status Contingent
Directions Main Street (Route 122A ) to Providence (Route 122)
City Grafton
Disclosures Some photos may be virtually enhanced. Buyer and buyer agent to do due diligence. Measurements are approximate. 2 units will be shown,rest will be shown w/ accepted offer. Also listed as commercial p
Senior Community Y/N No
Total Units 8
Lot Size Square Feet 28750
Waterfront Y/N No
Street Name Providence Road
Year Built Details Actual
Tax Annual Amount 10425
Home Warranty Y/N No
Water Sewer Expense 5200
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 663600
Tax Lot 0013.0
Total Actual Rent 7750
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Unfinished
Flooring Wood,Vinyl
Total Stories 7
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N No
Full Baths 8
Total Bedrooms 12
Total Baths 8

Exterior Features

Parking Features Paved Drive,Off Street,Paved
Lot Features Cleared,Level
Water Source Public
Total Parking 12
Lot Size Area 0.66
Foundation Details Stone,Brick/Mortar
Spa No
Building Area Total 4320
Lot Size Acres 0.66
Road Surface Type Paved
Lot Size Units Acres
Door Features Insulated Doors
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01560

Price
AVG $840K
$1.25M
Taxes
AVG $7,907
$10,425
Visits
AVG 97
81
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1900

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