Sold!
$1,000,000
15
Beds
8
Baths
5,918
Living Area
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Property Description
This is the exclusive opportunity to purchase 7-units of multi-family investment properties located at 18-24 East Street in Northbridge. The package consists of a four-unit property and a two-unit property on one parcel, and a single-family home on another parcel. The multi-story buildings contain four (4) 2-Bedroom/1-Bathroom units, two (2) 1-Bedroom/1-Bathroom units, and one (1) 5-Bedroom/2-Bathroom unit at 24 East Street. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. Additionally, 24 East St is a separately deeded single-family home with its own separate driveway. This offers the buyer the option to renovate the single-family home and sell it separately at a significant premium to its value within the portfolio.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1890
- Parking Spots: 10
- Property Type: 5-9 Family
- Total Rooms: 30
- Status: Closed
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Additional Details
- Fireplaces: 1
- Road Frontage Type: Public
- Total Number of Units: 7
- Year Built Source: Public Records
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $868,000
- Taxes: $10,234
- Tax Year: 2025
- Total Rent: $11,350
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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 Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
