Unit Information
Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Zip Code: 01541
- Levels: 2
- Parking
- Garage Capacity: 5
- Parking: Off Street
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 2
- Total Rooms: 10
- Has Basement: Yes
Loading...
$835,000
- Listing ID: 73554796
- Bedrooms: 10
- Full Baths: 5
- Living Area: 5,654 sqft Convert
- Lot Size: 41,818 sqft Convert
- Acres: 0.96
View description
Luxury Residential Group
(617) 233-5800
Receive more info or arrange a tour
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.
Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.
LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |