$630,000
9
Beds
3
Baths
2,747
Living Area
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Property Description
Rare investment opportunity in Charlton! This unique 3-unit, side-by-side townhome-style multifamily property generates an impressive $5,800 per month in rental income and offers a nearly 9% cap rate. Featuring two spacious townhome-style units, each with 4 bedrooms and 1 bathroom, plus a separate 1-bedroom studio, this property offers strong investment potential. The two side by side units are equipped with forced hot air heating, separate electrical panels, and tenants responsible for their own oil and electric costs, helping minimize owner expenses. The studio has separate electric, with electric baseboard heat. Whether you're looking to expand your portfolio, maximize cash flow, or secure a property in a desirable location, this is an opportunity worth exploring. Multifamily properties like this don't come around often in Charlton! Conveniently located just off Route 20 with easy access to the Massachusetts Turnpike, this property is well-positioned for commuters and tenants alike. Strike while the iron is hot and capitalize on this rare opportunity to own a multi-unit investment in a sought-after market!
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Highlights
- Heating: Central, Forced Air, Oil, Electric
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Side by Side
- Total Rooms: 19
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1880
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Additional Details
- Basement: Full, Unfinished
- Flooring: Wood, Tile, Vinyl, Carpet
- Lot Features: Easements
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Owner
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Res
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Private
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $410,700
- Taxes: $4,638
- Tax Year: 2025
- Total Rent: $5,800
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Byrnes Real Estate Group LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.