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    Rebuilt Two-Family Home in Grafton Title is generated by Realmo AI

    297 Providence Rd, Grafton, MA 01560

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    For Sale
    $775,000

    Two-family home rebuilt in 2014 with modern amenities.

    Type:2 Family - 2 Units Up/Down
    Property size:
    2,992 SF
    Price / SF:
    $259/SF
    Added:
    Apr 17, 2026
    Days on Market:
    63
    Last Refresh:
    Apr 20 at 5:41 pm

    Property Features for 297 Providence Rd

    General Information

    Standard status
    Active
    Size
    2,992 SF
    Property subtype
    2 Family - 2 Units Up/Down

    Building Details

    Year Built
    1920

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    Listing Contact
    Barbara Rybicki

    Listing agent Barbara Rybicki License #453009569

    Listing office REMAX Executive Realty

    Listing date Apr 17, 2026

    Source Lockandkeyre

    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 REMAX Executive Realty

    HighLights

    • Completely rebuilt in 2014: Offers modern construction.
    • Two units, each with 3 bedrooms, full bath, separate laundry, and open‑concept layout.
    • Separate utilities for each unit.
    • Stunning kitchens with granite counters, gas cooking, and stainless steel appliances.
    • Accessory Dwelling Unit (ADU) potential with garage.
    • Picturesque, private backyard with stone patio, fire‑pit, and perennial gardens.

    Overview

    This two-family home, completely rebuilt in 2014, is located in the heart of South Grafton. Each unit features 3 bedrooms, a full bath, separate laundry facilities, and an open-concept layout. The units include hardwood floors, recessed lighting, double windows, kitchens with granite counters, gas cooking, and stainless steel appliances. Separate utilities are in place. The property has forced hot air gas heat and central air. Additional features include a walk-up attic, ample storage in the basement and in the garage building, and Accessory Dwelling Unit (ADU) potential with the garage. The backyard includes a stone patio, fire-pit and perennial gardens. There are 15+ parking spaces available. Water is supplied by the South Grafton Water District. The property is convenient to major routes, train, and schools. The property size is 2992 square feet.

    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 $59.2k $19.80
    − Vacancy −$1.5k −$0.49
    EGI $57.8k $19.31
    − OpEx −$17.3k −$5.79
    NOI $40.4k $13.52
    2,992 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $577.8K
    $505.6K – $674.1K (±1% cap)
    NOI $40,445 @ 7.0% cap · market cap 5.22%
    Second Best
    Apartment 5plus
    $502.8K
    $440.0K – $586.6K (±1% cap)
    NOI $35,198 @ 7.0% cap · market cap 4.54%
    Theoretical Best
    Office A
    $1.02M
    $894.0K – $1.19M (±1% cap)
    NOI $71,521 @ 7.0% cap · market cap 9.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.678989
    Latitude
    42.1758459

    FAQs

    What type of property is this?
    Duplex - Two-family home rebuilt in 2014 with modern amenities.
    Where is this duplex located?
    The property is located at 297 Providence Rd Grafton, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Completely rebuilt in 2014: Offers modern construction.; Two units, each with 3 bedrooms, full bath, separate laundry, and open‑concept layout.; Separate utilities for each unit.
    More about this property
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