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Listing Details
- $1,900,000
- MLS# 73566460
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Coldwell Banker Realty - Framingham
Agent Name: Sam Takla
Agency Phone: 508-872-0084
Shown By
Agent Name: Kristen Donahue
Agent Phone: (781) 492-8446
Agency Title: Donahue Real Estate Co.
Home Value Estimate
Description
Exceptional 8-Unit Multifamily Investment Opportunity ?? Grafton, MARare opportunity to own two multifamily buildings located at 289??291 Providence Road, Grafton, MA, offering a total of 8 residential units. The property consists of four 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, providing a desirable mix of unit types with strong rental demand.The property generates $15,700 per month in rental income ($188,400 annually) with annual operating expenses of approximately $35,262, resulting in an attractive 8% cap rate. Each apartment is separately metered, with tenants responsible for their own gas and electricity, helping minimize...read more
Features
- Wood
- Tile
- Vinyl
- 5.0 Stories
- $12,262 Taxes
- Public
- Built in 1910
Gallery
Listed By
Agency Name: Coldwell Banker Realty - Framingham
Agent Name: Sam Takla
Agency Phone: 508-872-0084
Shown By
Agent Name: Kristen Donahue
Agent Phone: (781) 492-8446
Agency Title: Donahue Real Estate Co.
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