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SOLD 5/17/2016

311 Providence Road, Grafton, MA 01560$207,500

18
beds
11
baths
12000
ft2
· 18725
ft2 lot
$17 / ft2

Listing provided courtesy of Listing Broker: John Atchue, RE/MAX Executive Realty
Source MLS PIN;
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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.

HOA

$—/month

On market

7 months

Year built

1900

Property type

5 9 Family

Parking

18

MLS

71906424

Price / Sq.Ft.

$17 / ft2

Status

Sold

Home details for 311 Providence Road

Interior Features & Layout
Rooms Info
•   
Total Levels: 3, 6, 4
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 3
•   
Total Rooms Unit 3: 3
•   
Total Rooms Unit 4: 3
•   
Total Rooms: 12, 36, 12
Flooring
•   
Unit 4 Floor Level: 2
Bedrooms Info
•   
Total Beds: 18
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 11, 11
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 12
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: Vil Mxd Us
•   
Year Round
•   
Lot Description: Paved Drive
•   
Acres: 0.43
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Sq. Ft. represents both buildings
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
Parking Info
•   
Parking Descriptions: Off-Street
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2173591
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 27300
•   
Net Operating Income: 27300
•   
Monthly Rent Unit 1: 575
•   
Monthly Rent Unit 2: 600
•   
Monthly Rent Unit 3: 550
•   
Monthly Rent Unit 4: 550
•   
Total Rent: 2275
Listing Details
•   
Disclosures: 311 suffered fire damage appx 10 yrs ago, has been empty since. Owner strongly recommends buyers bring a structural engineer to their first showing of this building. 313 is a fully rented 4-fam. 311 is 9000 sf bldg that must be rehabbed - the Unit/Room/Bedroom count listed is ESTIMATED, not actual
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 325500.00
•   
Taxes: 5370.00
Listing Contacts
•   
Selling Agent: K0001035
School Neighborhood & Directions
Location
•   
Street Number: 311-313
•   
Map Book: 6778
•   
Map Page: 268
•   
Directions: Providence Road is Rte 122 - this is across from Depot Street
•   
Road Type: Public
Other
Other
•   
Main So: BB1175
Calculation
•   
Price Per Sqft: 17.29
•   
List Price Per Sqft: 20.83
•   
Sold Price Per Sqft: 17.29
•   
Cdom Property: 242
•   
Cdom Broker: 242
•   
Cdom: 242

Neighborhood snapshot

8
Properties for sale
18
Median days on market
$220.00
Median sold price/sqft
104.64%
Sold/List %
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Property History for 311 Providence Road

05/18/2016
05/18/2016
MLS PIN #71906424
sold
MLS PIN #71906424
$207,500

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