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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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311-313 Providence Rd , Grafton, MA 01560
$1,900,000
Est. Payment: $10,369.08/mo
12 Bed
11 Bath
9043 Sqft
0.25 Acres
Status: new | Days on site: 3
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AN8069 - CN215249
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House Description

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.

Highlights

Listed by John Chalino , 774-232-7101 RE/MAX Partners , 508-635-1600. MLS Property Information Networks, Inc.

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1930

County

Worcester

Area

South Grafton

Listing ID

73596212

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:11
  • ▪ Full Bathrooms:10
  • ▪ 1/2 Bathrooms:1
Appliances:Range, Refrigerator
Floor:Tile,Varies,Hardwood
Other:
  • ▪ Additional:Upgraded Countertops, Remodeled, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:20
Zoning:VMU
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters, Sprinkler System, Varies per Unit
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Off Street,Assigned,Paved,Parking Spaces: 20
Principal Interest
$10,369
Taxes
$1,261

Home Price

$1,900,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,369.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,369.08 $1,261.25 $0.00 $11,630.33
Yearly $124,428.95 $15,135.00 $0.00 $139,563.95
Total $3,732,868.60 $454,050.00 $0.00 $4,186,918.60

Today's Rates

30 Year

7.25%

20 Year

7.03%

15 Year

6.68%

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Market insight data is pulled from the same city as the listing being viewed (Grafton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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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Data last updated: 2026-10-31T20:45:34.000Z

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