NEW 14 HRS AGO

For sale

$1,900,000

Est. $11,899/mo —

•

9,043

sq ft

311-313 Providence Rd, South Grafton, MA 01560

About this home

Rare 11-Unit Mixed-Use Investment Portfolio located at 311 and 313 Providence Road in the town of Grafton. This two-building portfolio offers diversified residential and commercial income in one of Worcester County’s most consistently in-demand rental markets. Full of historic character, 311 has been carefully renovated without losing the details that make it stand out. It has 7 units consisting of a retail commercial space and 6 apartments. The building has been extensively renovated, with a sprinkler system, updated heating systems, electrical and plumbing, all new fixtures, new hardwood and tile throughout. It is delivered in excellent, rent-ready condition. 313 Providence Road has 4 one-bedroom apartments that is also in rent-ready condition and well maintained. The portfolio offers on-site laundry and off-street parking, which support tenant retention. The property sits on Route 122 with strong visibility. Commuters have convenient access to Worcester, Route 146, the Mass Pike and the Grafton commuter rail. Rental demand across Grafton and the greater Worcester area remains strong, which supports stable occupancy and long-term upside. With the capital improvements largely complete, this turnkey, income-producing asset lets an investor add meaningful scale with limited near-term capital needs. Offerings of this size seldom come to market in Grafton. Financials and private showings available upon request.

Multi-familyProperty Type

1930Year Built

0.25 acresLot Size

$210Price/Sq.Ft.

20 spacesParking

Listed by John Chalino • RE/MAX Partners

Listed by • RE/MAX Partners

Listing updated: Oct 28, 2026 at 05:18pm

Redfin checked: a minute ago

•Source:MLS PIN #73596212

Payment calculator

$11,899 per month

Principal and interest$10,369

Property taxes

$1,261

HOA dues

Home insurance

$269

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

South Grafton Elementary School

Public PreK-1 • Assigned • 0.9mi

Grafton Middle School

Public 7-8 • Assigned • 2.8mi

8/10

Grafton High School

Public 9-12 • Assigned • 2.7mi

7/10

Provided by GreatSchools

About South

Grafton

South Grafton, located between Grafton Common and Upton State Forest, is a residential and commuter-friendly Grafton neighborhood with mill-era river scenery and a compact village center. The neighborhood’s character concentrates around the South Grafton Common and the cluster of storefronts along Main Street, where small eateries and everyday services line the sidewalks. The Willard House & Clock Museum anchors local history with a distinctly New England sensibility. Along the Blackstone River and Canal Heritage State Park, towpaths and water views shape a walk-and-ride routine. Housing reads as a mix of classic colonials, capes, and updated mill-adjacent streets. MBTA service at South Grafton Station adds a rail-to-city rhythm without changing the small-town scale.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Remodeled interiors
Upgraded countertops
Insulated doors
Box, bay, or bow windows
Insulated windows
Full unfinished basement with interior entry and concrete construction

Bathrooms
10 full bathrooms
1 half bathroom

Kitchen
Range
Refrigerator

Laundry & utility
Washer hookup
Dryer hookup
Electric dryer hookup

Flooring
Tile
Hardwood
Varied flooring

Heating & cooling
Forced-air heating
Natural gas heating
Thermostat; varies by unit

Sale and tax history for 311-313 Providence Rd

Sale History
Tax History

Date

Event

Price

MLS PIN #73596212

Oct 28, 2026

Listed

$1,900,000

$210/sq ft

MLS PIN #73142366

Oct 18, 2023

Sold

$1,720,000

$190/sq ft

Jul 31, 2023

Listed

$1,825,000

$202/sq ft

+16

INVESTOR'S DREAM! RARE FIND ON ROUTE 122, GRAFTON! ALL MAJOR UPDATES DONE - TURNKEY INVESTMENT! Prime Location with High Potential!!!1500 SQFT Commercial Space + Residential Units, A six-unit mixed-use building combined with a separate four-unit residence, all on one spacious lot. Both buildings have recently undergone meticulous renovations. From electrical systems, efficient heating, and on-demand water heaters, to recent roofs, sprinkler systems, and water lines, and addressable fire alarms. Inside the units you will find hardwood flooring throughout and renovated kitchen and bathrooms. All units a separately metered. Plenty of off street parking for the residents.Don't miss out on this incredible opportunity! Reach out to schedule a showing today. Buyer and Buyer's agent to do all due diligence, and verify all info on listing at buyer's expense.

MLS PIN #71906424

May 17, 2016

Sold

$207,500

$23/sq ft

Mar 16, 2016

Pending

—

Mar 14, 2016

Price Changed

$249,900

$28/sq ft

Sep 17, 2015

Listed

$285,000

$32/sq ft

A unique redevelopment opportunity in South Grafton. Historic Waskanut Pharmacy, comprising 311 & 313 Providence Rd must be sold together and will be reconfigured into one lot at closing. The property is in the Village Mixed Use District, allowing a multitude of potential uses such as commercial and retail on the first floor and residential units above. Setbacks are flexible and many uses are allowed by right. Town is ready to assist the development of both parcels, with the possibility of leveraging local and state resource or partnering under the Local Initiative Program. The Town is ready to help a prospective buyer with a project that enhances the community and will work with buyer on the process of approvals and permits. This is a project the Town considers important for development. NOTE: 311 & 313 Prov Rd are listed in the Assessors office on separate field cards - info was taken from both and combined for this listing. 313 is a fully rented 4-unit residential bldg.

Year

Property tax

Land + Additions

Assessment*

2023

$6,161 (+0.8%)

$122,000 + $270,200

$392,200

2022

$6,111 (+51.0%)

$104,700 + $257,300

$362,000

2020

$4,047 (+21.2%)

$95,200 + $150,100

$245,300

2019

$3,339 (−0.8%)

$78,500 + $121,900

$200,400

2018

$3,366 (+2.1%)

$77,600 + $125,300

$202,900

2017

$3,296 (+9.4%)

$62,400 + $138,600

$201,000

2016

$3,012 (+3.2%)

$73,200 + $106,600

$179,800

2014

$2,918 (+13.7%)

$81,000 + $110,200

$191,200

2013

$2,566 (+7.4%)

$83,000 + $82,000

$165,000

2012

$2,389 (−1.9%)

$83,000 + $86,100

$169,100

2011

$2,436 (−3.0%)

$102,300 + $76,400

$178,700

2010

$2,512 (+24.5%)

$118,100 + $84,000

$202,100

2009

$2,017

$145,200 + $41,000

$186,200

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

7,841 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

2,016

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,016

Year built

1920

Style

Multi-Family (5+ Unit)

County

Worcester County

APN

1528711

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 25, 2025.

Climate risks

Flood Factor

We're working on getting current and accurate flood risk information for this home.

Fire Factor

We're working on getting current and accurate fire risk information for this home.

4/10 Heat Factor

7 hot days expected this year, 17 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

South Grafton, MA • 01560

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

87/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 311-313 Providence Rd

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New listings for sale in 01560

NEW 14 HRS AGO

$1,900,000

12 beds10.5 baths9,043 sq ft

311-313 Providence Rd, South Grafton, MA 01560

Historic character • Sprinkler system • Updated electrical

OPEN SAT, 11AM TO 1PM

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0.55-acre lot • Spacious living room • Eat-in kitchen

Details provided by MLS PIN and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 311-313 Providence Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 311-313 Providence Rd

Early Access listings

Nearby similar homes

New listings for sale in 01560

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