For Sale

311-313 Providence Rd, Grafton, MA

Grafton · MA 01560

$1,900,000
Price
12
Beds
10.5
Baths
9043
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 11 Units
Lot size: 0.25 Acre Lot
Price per square foot: $210 / Sq.Ft
Parking: 20 Off Street Spaces

About this home

Rare 11-Unit Mixed-Use Investment Portfolio located at 311 and 313 Providence Road in the town of Grafton. This two-building portfolio offers diversified residential and commercial income in one of Worcester County’s most consistently in-demand rental markets. Full of historic character, 311 has been carefully renovated without losing the details that make it stand out. It has 7 units consisting of a retail commercial space and 6 apartments. The building has been extensively renovated, with a sprinkler system, updated heating systems, electrical and plumbing, all new fixtures, new hardwood and tile throughout. It is delivered in excellent, rent-ready condition. 313 Providence Road has 4 one-bedroom apartments that is also in rent-ready condition and well maintained. The portfolio offers on-site laundry and off-street parking, which support tenant retention. The property sits on Route 122 with strong visibility. Commuters have convenient access to Worcester, Route 146, the Mass Pike and the Grafton commuter rail. Rental demand across Grafton and the greater Worcester area remains strong, which supports stable occupancy and long-term upside. With the capital improvements largely complete, this turnkey, income-producing asset lets an investor add meaningful scale with limited near-term capital needs. Offerings of this size seldom come to market in Grafton. Financials and private showings available upon request.

Neighborhood & Transit

South Grafton

311-313 Providence Rd, Grafton · MA 01560

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
7 days
Listing Price:
$1,900,000
Price per Sq.Ft:
$210
Tax Assessment:
$1,314,900 in 2026
Taxes:
$1,261 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
10
Half Bathrooms
1
Living Area
9,043 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
9043
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps, 200 Amps, Individually Metered, Varies per Unit

Exterior Features

Lot Size
11,018 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
20 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood, Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
John Chalino
Listing office
RE/MAX Partners
MLS PIN #
73596212
Disclosure
Owner provided income and expenses including proforma rent and estimated insurance. This is a seven unit building and a 4 unit building being sold together.