Great opportunity to add this 6 Units Property to your investment portfolio. 6 Units with 1 bedroom, 1 bathroom. All units are rented. 3 units rehabbed in 2019. The roof was replaced 2016.Leased coin-up laundry. Private storge for each unit.
Multi-familyProperty Type
1950Year Built
1.1 acresLot Size
$251Price/Sq.Ft.
12 spacesParking
Listed by Al Desouza• First Option Properties Inc.
Bought with Elaine Evans Group• RE/MAX Generations
**1st OPEN HOUSE - 11/7/20 - 12 - 2pm. Rare Find. 6 unit multi-family with all one-bedroom units. Fully leased with solid Tenant histories, 2 units at market rents, 4 units with increase potential. Recent updates include 3 rehabbed units, 4-year old roof, newer water tanks, updated service panels with breakers, leased coin-op laundry, and refreshed common areas. Two sharded three-season porches, private storage for each unit, and plenty of off-street parking. Tenant paid electric heat, low property operating costs, and high net income. Low commercial interest rates make now a great time to purchase an investment property.
MLS PIN #72339173
Dec 7, 2018
Sold
$440,000
$123/sq ft
Sep 8, 2018
Pending
—
Jul 18, 2018
Price Changed
$495,900
$139/sq ft
Jun 4, 2018
Listed
$529,000
$148/sq ft
+5
INVESTORS Take Note, Nice turn key 6 unit Investment Opportunity,Great location RT 122 in Grafton Ma. All Units are 3 rooms one bedrooms each apartments with long term term Tenants,All Tenants are TWA, Rents are well below market rates, Property sits on 1.1 Acres with great off st parking. Coin op laundry in basement and storage units for all tenants, Separate Utilities,Updated electric with Circuit Breakers Roof 2 years old,Family owned for years,Convenient to Mass/pike and commuter rail.And Tufts University school of veterinary medicine.
Public Records
Nov 16, 1998
Sold
$17,000
$5/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$9,900 (+0.5%)
$162,200 + $468,000
$630,200
2022
$9,855 (+36.6%)
$139,500 + $444,300
$583,800
2020
$7,214 (+48.6%)
$126,800 + $310,400
$437,200
2019
$4,855 (−1.2%)
$95,000 + $196,400
$291,400
2018
$4,912 (+3.2%)
$94,100 + $202,000
$296,100
2017
$4,758 (+4.9%)
$76,700 + $213,400
$290,100
2016
$4,536 (+4.3%)
$91,800 + $179,000
$270,800
2014
$4,349 (+21.4%)
$100,700 + $184,300
$285,000
2013
$3,583 (+12.1%)
$124,800 + $105,600
$230,400
2012
$3,196 (+8.6%)
$114,000 + $112,200
$226,200
2011
$2,943 (−2.3%)
$116,700 + $99,200
$215,900
2010
$3,012 (−6.8%)
$131,500 + $110,800
$242,300
2009
$3,233
$180,200 + $118,300
$298,500
Tax history for 52 Providence Rd
Year
Property tax
Land + Additions
Assessment*
2023
$9,900 (+0.5%)
$162,200 + $468,000
$630,200
2022
$9,855 (+36.6%)
$139,500 + $444,300
$583,800
2020
$7,214 (+48.6%)
$126,800 + $310,400
$437,200
2019
$4,855 (−1.2%)
$95,000 + $196,400
$291,400
2018
$4,912 (+3.2%)
$94,100 + $202,000
$296,100
2017
$4,758 (+4.9%)
$76,700 + $213,400
$290,100
2016
$4,536 (+4.3%)
$91,800 + $179,000
$270,800
2014
$4,349 (+21.4%)
$100,700 + $184,300
$285,000
2013
$3,583 (+12.1%)
$124,800 + $105,600
$230,400
2012
$3,196 (+8.6%)
$114,000 + $112,200
$226,200
2011
$2,943 (−2.3%)
$116,700 + $99,200
$215,900
2010
$3,012 (−6.8%)
$131,500 + $110,800
$242,300
2009
$3,233
$180,200 + $118,300
$298,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
—
Sq. Ft.
3,580
Year built
1950
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1526460
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Parking Spaces: 12
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 6
Interior Features
# of Rooms (Total): 18
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 1
Unit #4 Information
# of Levels: 1
# of Floors: 1
Exterior
Building Information
Building Area (Total): 3,580
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Color: Gray
Exterior Features
Roof: Rubber
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 1.1
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $9,398
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Location
Location Information
Directions: Route 122 is Providence Rd
UnparsedAddress: 52 Providence Rd, Grafton MA 01519
Community Information
Senior CommunityYN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,580
Stories: 2.0
Lot Size: 1.1 acres
Style: Multi-Family (5+ Unit)
Year Built: 1950
Year Renovated: —
County: Worcester County
APN: 1526460
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
North Street Elementary School
Public 2-6 • Assigned • 1.0mi
7/10
Grafton Middle School
Public 7-8 • Assigned • 0.4mi
8/10
Grafton High School
Public 9-12 • Assigned • 0.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Grafton, MA • 01519
Average low and high temperatures (°F)
32
17
34
18
50
31
60
39
68
49
80
59
85
65
81
57
75
54
64
44
50
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.