Property Description

5-7 Monk Street is a 4-unit apartment building located in the heart of Stoughton Center. The property is comprised of (2) one-bedroom / one-bath units and (2) two-bedroom / 1.5 bath bi-level apartments. The asset generates a very strong $8,700 per month income ($104,400 annual) and features off-street parking, shared coin-op laundry, and separated utilities in which tenants pay their own heat, hot water, and electricity. Monk street lies walking distance to the Stoughton Commuter Rail and various other amenities including grocery stores, restaurants, post office, etc. This is a great investment opportunity in a strong rental market with very little inventory. 5-7 Monk can be purchased as a package with 11 Monk Street (5-Unit) MLS #: 73368126