Unit Information
This is the exclusive opportunity to purchase 7-units of multi-family investment properties located at 18-24 East Street in Northbridge. The package consists of a four-unit property and a two-unit property on one parcel, and a single-family home on another parcel. The multi-story buildings contain four (4) 2-Bedroom/1-Bathroom units, two (2) 1-Bedroom/1-Bathroom units, and one (1) 5-Bedroom/2-Bathroom unit at 24 East Street. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. Additionally, 24 East St is a separately deeded single-family home with its own separate driveway. This offers the buyer the option to renovate the single-family home and sell it separately at a significant premium to its value within the portfolio.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5-9 Family
- Zip Code: 01588
- Levels: 5
- Parking
- Parking: Paved Drive, Off Street
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 7
- Total Floors: 5
- Total Rooms: 30
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$1,250,000
- Listing ID: 73436897
- Bedrooms: 15
- Full Baths: 8
- Living Area: 5,918 sqft Convert
- Lot Size: 19,602 sqft Convert
- Acres: 0.45
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Luxury Residential Group
(617) 233-5800
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