Fully Leased Four-Unit
268-270 Providence Road Grafton, MA 01560
268-270 Providence Road, Grafton, MA, 01560
$1,099,995
For Sale
$1,099,995
Four fully occupied units in two duplex-style buildings with off-street parking, laundry hookups, and attic potential.
Property Size4,224 SF
Price / SF$260.42
Days on Market50
Property Features for 268-270 Providence Road
General Information
- Standard status
- Active
- Size
- 4,224 SF
- Property subtype
- Multi-family / 4 Family
Building Details
- Year Built
- 1920
Listing agency
eXp Realty
(888) 854-7493
Listed by
Candor Investment Group
(888) 854-7493
Source
Compass
Added: Jun 2 Updated: Jul 20 at 9:28PM Checked: Jul 21 at 8:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This fully occupied four-unit multifamily property is set up as two duplex-style buildings, offering a mix of apartment and townhouse-style layouts. The offering includes ample off-street parking, laundry hookups, and walk-up attic potential. Recent upgrades include newer heating units, upgraded electrical and plumbing, and cosmetic improvements throughout.
The property sits on a spacious half-acre lot and is located for everyday convenience, with shopping, restaurants, schools, and golf courses nearby, along with access to major highways and commuter rail. An open house is scheduled for 6/6 and 6/7 between 11:00am and 12:30pm.
The property sits on a spacious half-acre lot and is located for everyday convenience, with shopping, restaurants, schools, and golf courses nearby, along with access to major highways and commuter rail. An open house is scheduled for 6/6 and 6/7 between 11:00am and 12:30pm.
Key Highlights
- Fully occupied 4‑unit multifamily with two duplex‑style buildings
- Rental income of $9,700+ per month with in‑place tenants
- Half‑acre level lot with ample off‑street parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.6k | $19.80 |
| − Vacancy | −$2.1k | −$0.49 |
| EGI | $81.6k | $19.31 |
| − OpEx | −$24.5k | −$5.79 |
| NOI | $57.1k | $13.52 |
4,224 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$815.7K
$713.7K – $951.7K
NOI $57,099 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$709.9K
$621.1K – $828.2K
NOI $49,691 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,970 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four fully occupied units in two duplex-style buildings with off-street parking, laundry hookups, and attic potential.
Where is this quadplex located?
The property is located at 268-270 Providence Road Grafton, MA.
What is the asking price?
The asking price for this property is $1,099,995.
What are key features of this property?
This property features: Fully occupied 4‑unit multifamily with two duplex‑style buildings; Rental income of $9,700+ per month with in‑place tenants; Half‑acre level lot with ample off‑street parking
