Four-Unit Multifamily
268-270 Providence Road Grafton, MA 01560
268-270 Providence Road, Grafton, MA, 01560
$1,089,995
For Sale
$1,089,995
Fully occupied two-building quadplex with duplex-style layouts and off-street parking.
Property Size4,224 SF
Lot Size0.50 Acres
Price / SF$258.05
Days on Market51
Property Features for 268-270 Providence Road
General Information
- Standard status
- Active
- Size
- 4,224 SF
- Lot size
- 0.50 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
eXp Realty LLC
Listed by
Candor Investment Group
(781) 933-7200
Source
Jmulkerinrealty
Added: Jun 1 Updated: Jul 21 at 12:17PM Checked: Jul 21 at 12:17PM
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 LLC
Investment Insights
Based on property information with market context.
This four-unit multifamily property consists of two duplex-style buildings with a mix of apartment and townhouse-style layouts. The buildings include ample off-street parking and laundry hookups. A walk-up attic potential is noted, and the property has seen recent upgrades including newer heating units, upgraded electrical and plumbing, and cosmetic improvements.
The property is located near shopping, restaurants, schools, golf courses, major highways, and commuter rail access, supporting convenient day-to-day connectivity for tenants.
Offered for sale as a fully occupied asset, the property is currently generating rental income of $9,700+ per month with in-place tenants.
The property is located near shopping, restaurants, schools, golf courses, major highways, and commuter rail access, supporting convenient day-to-day connectivity for tenants.
Offered for sale as a fully occupied asset, the property is currently generating rental income of $9,700+ per month with in-place tenants.
Key Highlights
- Fully occupied 4‑unit multifamily with two duplex‑style buildings on a half‑acre lot
- Generates $9,700+ per month in rental income per the provided rent roll
- Off‑street parking plus laundry hookups
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 5.24%
Second Best
Apartment 5plus
$709.9K
$621.1K – $828.2K
NOI $49,691 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,970 @ 7.0% cap · market cap 9.26%
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 - Fully occupied two-building quadplex with duplex-style layouts and off-street parking.
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 $1,089,995.
What are key features of this property?
This property features: Fully occupied 4‑unit multifamily with two duplex‑style buildings on a half‑acre lot; Generates $9,700+ per month in rental income per the provided rent roll; Off‑street parking plus laundry hookups
