Unit Information
EXTREMELY RARE opportunity to acquire a boutique 5-unit multifamily investment property in Hopkinton - currently THE ONLY multifamily asset available for sale in town! VALUE-ADD opportunity featuring IMMEDIATE RENTAL UPSIDE through BELOW-MARKET RENTS, stable in-place income, historical collections, and recent improvements. Unit mix includes 3 one-bed/one-bath units, 1 one bedroom+den/one-bath unit, and 1 two-bed/one-bath unit. Over $250K in recent improvements. Renovated units feature NEW LVP flooring, UPDATED kitchens & baths, NEW appliances, fresh paint, common laundry, assigned off-street parking, and NEWLY painted exterior. 100% occupied. Walkable to downtown Hopkinton amenities with convenient commuter access. Rare offering in a tightly held MetroWest market with limited multifamily inventory, scarce 1-bedroom rental supply, and location within a TOP-RANKED SCHOOL DISTRICT and Greater Boston’s premier suburban markets, with barriers to entry for multifamily product.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01748
- Levels: 5
- Parking
- Garage Capacity: 8
- Parking: Paved,Off Street,Assigned
- Parking Spaces: 8
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 5
- Total Rooms: 16
- Has Basement: Yes
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$1,699,000
- Status: New
- Listing ID: 73526355
- Bedrooms: 6
- Full Baths: 5
- Living Area: 4,000 sqft Convert
- Lot Size: 7,230 sqft Convert
- Acres: 0.16
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Luxury Residential Group
(617) 233-5800
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When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |