NOT LISTED FOR SALE

289 Providence Rd Grafton, MA 01560

12 Beds
8 Baths
4,320 Sq Ft
0.66 Acres

Last Sold June 18, 2024

Last sale price $1,070,000 $248 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Jogging Path
  • Living Room
  • Grafton High School Rated A-
  • Porch
  • Park

About This Home

As of June 2024

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.

Last Agent to Sell the Property

Jason Pincomb

Lamacchia Realty, Inc. Listed on: 04/03/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

Sam Takla

Coldwell Banker Realty - Framingham

Coldwell Banker Realty - Framingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,425

Year Built

  • Built in 1900

Lot Details

  • 0.66 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,320 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • 8 Heating Zones
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $7,750
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 0013.0
  • Assessor Parcel Number M:0116 B:0000 L:0013.0

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $667
  • Water Sewer Expense $5,200
  • Operating Expense $16,800
  • Net Operating Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,425

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Living Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full, Unfinished
  • Living Area: 4320
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Insulated Windows
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 289.35
  • PRICE PER Sq Ft: 247.69
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: 100 Amp Service, Individually Metered, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 8
  • HEAT ZONES: 8
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5200

Lot Info

  • Parcel Number: M:0116 B:0000 L:0013.0
  • Zoning: RMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Size Sq Ft: 28750
  • Lot Size Units: Acres
  • PAGE: 267
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10425
  • Tax Block: 0000
  • Tax Book Number: 53957
  • Tax Lot: 0013.0
  • Tax Map Number: 0116

Multi Family

  • Gross Income: 93000
  • Insurance Expense: 667
  • Net Operating Income: 76200
  • Number Of Units Total: 8
  • Operating Expense: 16800
  • Total Actual Rent: 7750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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
06/18/2024 06/18/24 Sold $1,070,000 -14.4% $248 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,250,000 -- $289 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jason Pincomb

    Lamacchia Realty, Inc.

    Section Image
  • Sam Takla

    Buyer's Agent in 2024

    Sam Takla

    Coldwell Banker Realty - Framingham

    (978) 810-5348

    1 in this area

    81 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73219304

MLS Property Information Network (MLS PIN)

Massachusetts Worcester County Grafton 01560

289 Providence Rd, Grafton, MA

This home is located at 289 Providence Rd, Grafton, MA 01560 since 03 April 2024. This property was built in 1900. 289 Providence Rd is a home located in Worcester County with nearby schools including Grafton High School, Silver Spruce Montessori School, and Touchstone Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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