MLS Number 72283116
- Multi-Family 5-9 Family
- Next Open House: Sat 24th 12:00 pm - 2:00 pm
- Bedrooms 11
- Year Built 1978
Look up turn-key in the dictionary and you might find a photo of this immaculate six-unit building steps from Downtown Natick! This investor's dream is comprised of five two-bedroom apartments and one one-bedroom, making this an extremely rare opportunity. There is nothing that needs to be done but open the door and let the cash begin to flow. Units are rented 10% below market and provide an amazing opportunity with little to no upfront work required. Four of the six units are renovated, but minor cosmetic updates in two of the units will bring this building up to $155,000/year in annual income with an unrivaled 9% cap rate! Recent upgrades include: brand new roof (2015), new porches (2016), new HVAC systems (2017), new windows for five of the six units (2015), new sewer injector system (2015). Open houses will be held Saturday February 24th and Sunday the 25th from 12-2 pm, NO SHOWINGS PRIOR TO OPEN HOUSE. Offers are due by Tuesday, February 27th, at 5pm.
Listed by Matt Gorman of Matthew Gorman
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Est. Mortgage: $/month
Federal 30-year interest rate: 3.94% last updated on 2017-12-21
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