$1,485,000
9
Beds
6
Baths
4,365
Living Area
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Property Description
Discover an exceptional investment opportunity at 72-78 Highland St, with over 9% cap rate. Whether you are building your existing portfolio or looking to take the first step of your real estate investment journey, this is an opportunity you will not want to miss out on. Located on a quiet street, half a mile from downtown, this home presents a perfect blend of convenience and comfort, and easy to rent. This expansive multi family offers a substantial 4365 square feet of living area on a generous half acre lot, with considerable outdoor space for various uses including but not limited to off street parking for up to 10 or more vehicles, with potential for additional development for the right buyer. Recent renovations include new roof and exterior paint(2023), new heat pumps/mini splits(2024), new kitchen/baths(2024). Stop by the open houses this Saturday(05/30) and Sunday(05/30) from 11 am -1 pm to fully appreciate the potential of this distinctive investment opportunity.
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Highlights
- Cooling: Heat Pump, Unit Control, Ductless
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Heating: Heat Pump, Electric, Unit Control, Ductless
- Parking Spots: 10
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer
- Construction: Frame
- Flooring: Wood, Vinyl, Hardwood
- Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Pantry, Storage, Floored Attic, Walk-Up Attic, Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Rb
- Basement: Partial
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Wooded, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, House of Worship
- Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $802,700
- Tax Year: 2026
- Total Rent: $15,240
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $8,461
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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 Keller Williams Boston MetroWest.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.