311-313 Providence Road, Grafton MA 01560

Grafton, MA 01560 • South Grafton
$1,900,000
Est. $11,069/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9,043
Sq Ft
$210
Price/Sq Ft
0.43
Acres
1920
Year Built
New today
Time on Market
For Sale Listed Oct 28, 2026 • MLS# 73596313 Copied! • Updated Oct 28, 2026

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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.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 29, 2026
$1,900,000
Original listing
Agent: John Chalino Office: RE/MAX Partners

Tax History

Year Taxes Assessment
2026 $15,135 —

Financial Details

Annual Property Tax
$15,135
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1920
Living Area 9,043 sq ft
Lot Size 0.43 acres
Gross Income $161,100
Net Operating Income $134,420
Operating Expenses $26,680
Cap Rate 7.07%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts

Financial

Annual Tax $15,135
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Owner Provided Income And Expenses . This Is A Seven Unit Building And A 4 Unit Building Being Sold Together.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Worcester

Property Overview

Listing Type
For Sale
Year Built
1920
Living Area
9,043 sq ft

Floor Layout

Interior Features

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Construction & Materials

Year Built: 1920
Structure Type:
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Roof: Shingle
Foundation:

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,261
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

South Grafton

311-313 Providence Road, Grafton MA 01560

Grafton, MA 01560

Listing Information

Listing Agent John Chalino
Listing Office RE/MAX Partners
Office Phone 508-635-1600
Agent MLS ID CN215249
Office MLS ID AN8069
Listing Data Updated Oct 28, 2026 8:48 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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