Sold
Last Sold Price
7 beds2,016 sqft
342 Providence Rd, Grafton, MA 01560
Multi FamilyProperty Type
0.29 acresLot Size
1900Year Built
$308/sq ftPrice per sq ft
3 carsParking Spaces

Description

Start putting your hard earned money to work for you! This is a rare opportunity to own an amazing investment property, either as a traditional income producing property or as an owner occupied property. The property presents a chance to collect rent while you live in one of the units to help pay off your mortgage. The top floor unit, which is currently vacant, would make a great owner occupy unit with access to the walk up attic. By making some slight changes, you could significantly increase the...Start putting your hard earned money to work for you! This is a rare opportunity to own an amazing investment property, either as a traditional income producing property or as an owner occupied property. The property presents a chance to collect rent while you live in one of the units to help pay off your mortgage. The top floor unit, which is currently vacant, would make a great owner occupy unit with access to the walk up attic. By making some slight changes, you could significantly increase the square footage of the top floor unit if you added the attic space to the total square footage of the unit. The property also offers two garage spaces, which is an added bonus for a rental property and future income potential. The property offers a great commuting location with access to major roads and access to the commuter rail. A high rental demand for the area along with a higher rated school system ensures that the rental demand for the property will only continue to rise.
  • Listed by: Steven Lindquist • RE/MAX Executive Realty
Listing closed: 11/30/2023 12:00 AM • Source: MLS PIN, MLS#: 73167544

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Recent comparable sales

Median sold price

$565,000

Avg days on market

44

Sale-to-list ratio

100.8%

Grafton, MA

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Location

Listing Courtesy of RE/MAX Executive Realty, Steven Lindquist

Sold By Namaste Boston Homes, Sanjeev Jha

Add your commute

Payment Calculator

$3,827 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,310

Property Taxes

$518

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 342 Providence Road

Property Details
  • Taxes: $6,210 / year
  • MLS Type: Multi-family / 3 Family
  • Town: Grafton
  • Area: MA-Grafton
  • Garage Spaces: 2
  • Parking Spaces Total: 3
Building Information
  • Stories: 6
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.29 AC / 12,632 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Current Financing: Conv. Fixed
  • Living Area: 2016.0
  • Color: Grey
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Basement Features: Partial, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor
  • Interior Features: Unit 1(Pantry, Upgraded Countertops, Open Floor Plan, Internet Available - Fiber-Optic), Unit 2(Pantry, Storage), Unit 3(Pantry, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Gutters, Fenced Yard
  • Exterior Features: Fenced Yard, Porch
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Cleared, Gentle Sloping
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Parking Features: Off-Street, Assigned, Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC), Unit 3(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers, Knob & Tube Wiring
  • Green Energy Efficient: Thermostat
  • Heating: Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Electric Baseboard)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Buyer/buyer agent to perform due diligence. Some Knob & Tube in property. Vacant Unit is listed at an estimated rent. Attic is not currently heated. Functional obsolescence in middle floor apartment.
Tax Information
  • Tax ID: M:0124 B:0000 L:0056.0,1528757
  • Assessments: $395,300
  • Book: 24818
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $50,220.00
  • Gross Scheduled Income: $219.00
  • GRE: $4,841
  • MGF: $2,019
  • MSE: $1,025
  • NOI: $50,220.00
  • Operating Expense: $4,841.00
  • WSE: $1,578.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,185.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0%
  • Other Agent Compensation: 1.0%

Property History for 342 Providence Road

DateEvent & SourcePriceAppreciation
Nov 30, 2023

Sold

MLS PIN #73167544

$620,000—
Oct 18, 2023

Under Agreement

MLS PIN #73167544

—
Oct 18, 2023

Contingent

MLS PIN #73167544

—
DateEvent & SourcePrice
11/30/2023

Sold

MLS PIN #73167544

$620,000
10/18/2023

Under Agreement

MLS PIN #73167544

—
10/18/2023

Contingent

MLS PIN #73167544

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 342 Providence Road

Taxable ValueLand$141,000Additions$439,300Total$580,300
Tax Record2025$8,089 ($674 / month)
Home Facts
Baths3.5Total Finished SqFt2,374 SqFtAbove Grade Finished SqFt2,374 SqFtUnfinished Basement SqFt336 SqFtStories2Lot Size12,719 SqFtStyleTriplexYear Built1900ZoningR2CountyWORCESTERAPNGRAF M:0124 B:0000 L:0056.0Fireplace TypeHas Fireplace

Schools near 342 Providence Road

This home is within Grafton School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 7 to 8
Public - 9 to 12
Public - 2 to 6
Rating
School
Distance
South Grafton Elementary School
PublicPK to 1

Grafton Middle School
Public7 to 8

Grafton High School
Public9 to 12

Grafton Elementary School
Public2 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Executive Realty, Steven Lindquist

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.