$725,000
PENDING $65K PRICE DROP

268 Providence Rd Grafton, MA 01560

Estimated payment $4,706/month

Total Views 5,815
10 Beds
4 Baths
4,224 Sq Ft
$172 Price per Sq Ft

Highlights

  • Golf Course Community
  • Property is near public transit
  • Attic
  • Grafton High School Rated A-
  • Wood Flooring
  • Home Office

About This Home

Rare 4-Family Investment Opportunity on 1⁄2 Acre Lot! Opportunities like this don’t come along every day! Situated on a spacious, level half-acre lot, this unique property features two duplex homes offering a total of four rental units with ample off-street parking. The first building is a traditional 2-family home, each unit offering 2 bedrooms, 1 bath, a living room, kitchen, and laundry. Renovated in the 1990s, includes FHA heating, updated windows, siding, electrical, and a generator hookup for 1st floor unit. 2nd building is a duplex townhouse-style units. 1st floor features a kitchen, butler’s pantry, living room with gas parlor heater, and full bath, 2nd flr offers 3 bedrooms with a walk-up attic w/potential for additional living space, laundry hookups in basement. 2nd building needs updates but well worth the investment. Long term tenants with below market rents. Property being sold AS IS & price reflects work and sold w/current tenants in place.

Listing Agent

William Wright

RE/MAX Executive Realty Listed on: 05/27/2025

RE/MAX Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,061

Year Built

  • Built in 1920

Lot Details

  • 0.52 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,224 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Home Office
  • Washer and Electric Dryer Hookup
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 10 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Shed

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Grafton Elementary School
  • Grafton Middle School
  • Grafton High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0115 B:0000 L:0032.0

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Golf Course Community

Building Details

  • Insurance Expense $6,225
  • Water Sewer Expense $2,764
  • Operating Expense $8,989
  • Net Operating Income $38,411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,061

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1920
  • Levels: 6
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Varies
  • Interior Amenities: Bathroom With Tub & Shower, Ceiling Fan(s), Walk-Up Attic, Lead Certification Available, Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Above Grade Finished Sq Ft: 4224
  • Living Area: 4224
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 171.64
  • PRICE PER Sq Ft: 171.64

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Other
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Propane Gas, Tank, Varies Per Unit

Condo/Co-op/Association

  • Community Features: Shopping, Golf, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2764

Lot Info

  • Parcel Number: M:0115 B:0000 L:0032.0
  • Zoning: VMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Other
  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Sq Ft: 22614
  • Lot Size Units: Acres
  • PAGE: 0

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9061
  • Tax Book Number: 0

Multi Family

  • Gross Income: 47400
  • Insurance Expense: 6225
  • Net Operating Income: 38411
  • Number Of Units Total: 4
  • Operating Expense: 8989
  • Total Actual Rent: 3950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Grafton Hs
  • Elementary School: Grafton Elem
  • Middle Or Junior School: Grafton Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $725,000 -8.2% $172 / Sq Ft
06/11/2025 06/11/25 For Sale $789,900 0.0% $187 / Sq Ft
06/05/2025 06/05/25 Off Market $789,900 -- --
05/27/2025 05/27/25 For Sale $789,900 -- $187 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380286

MLS Property Information Network (MLS PIN)