2303 Main St - Apartments FOR SALE


West Warren, MA 01092
$1,850,000 USD
203-444-0566
2303 Main St, West Warren, MA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/5
null | 7.99% Cap Rate

2303 Main St
West Warren, MA 01092


OVERVIEW

2303 Main Street – West Warren, Massachusetts presents investors with an opportunity to acquire a well-performing 13-unit multifamily asset at an attractive ~8% going-in cap rate, with clear value-add upside remaining. The property consists of: 1 × 3-Bedroom Unit 10 × 2-Bedroom Units 2 × 1-Bedroom Units Operational efficiency is enhanced through separately metered utilities and off-street parking, helping control expenses while supporting long-term tenant retention. The current income profile allows an investor to step into immediate cash flow, while future upside exists through rent growth, operational improvements, and market-driven increases. This asset is well-suited for both cash-flow-focused investors and value-add operators seeking yield with stability.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

13

PRICE/UNIT

$142,308

CAP RATE

7.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warren Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,875 SF

ZONING

V, Warren

APN/PARCEL ID

WARR-000020-000000-000080

ASK ABOUT THIS PROPERTY

Tyler SmithAlpha Capital RealtyMore Info
203-444-0566

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Tyler SmithAlpha Capital RealtyMore Info
203-444-0566

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