135 Main St - Apartments FOR SALE


Upton, MA 01568
$8,100,000 USD
781-776-4000
135 Main St, Upton, MA for Sale
$8,100,000 USD
Apartments - FOR SALE
1/8
null | 6.49% Cap Rate

135 Main St
Upton, MA 01568


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Recent Renovation & Improvments
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 135 Main Street in Upton, MA (the “Property”). The multi-story building contains thirty-four (34) total units comprised of twenty-two (22) 1-Bedroom/1-Bathroom units and twelve (12) 2-Bedroom/1-Bathroom units with 22,233 square feet of gross living area and 33,507 square feet of gross area. The Property is situated on a 2.04-acre parcel and offers ample parking with sixty-six (66) spaces available. 135 Main Street is well situated along Upton’s primary commercial corridor, offering excellent visibility and accessibility within the town center. The property benefits from its central position near the intersection of Main Street (Route 140) and Milford Street (Route 16), providing direct connections to surrounding residential neighborhoods and nearby communities including Milford, Grafton, and Hopkinton. The Property, previously known as The Upton Inn, has undergone significant renovations since its acquisition in August of 2024. This has included renovations of most units including new kitchens and bathrooms with condo quality finishes, updated flooring as well as painting of the units’ interiors. 135 Main Street, which is sprinklered in the building’s common areas, features an elevator and has had significant capital upgrades as well which include a new roof, new vinyl siding, updated common areas as well as re-paving of the entire parking areas. The property also features an onsite laundry room for tenants.

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

34

PRICE/UNIT

$238,235

CAP RATE

6.49%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

135 Main St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1911

PARKING SPACES

66

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

3

APN/PARCEL ID

UPTO-000204-000000-000012

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.