293 School St - Apartments FOR SALE


Stoughton, MA 02072
$2,550,000 USD
781-927-9985
293 School St, Stoughton, MA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/12
null | 6.77% Cap Rate

293 School St
Stoughton, MA 02072


OVERVIEW

Two separate buildings make up 289-293 School Street. 289 School School consists of a two units (2 BR/1BA and 1BR/1BA) and 293 School Street consists of six units (2BR,1 BA). All units are separately metered with the tenants responsible for their own utilities (electricity and gas heat), while the Landlord is responsible for common area electric and water and sewer. In-place rents are strong and the opportunity exists to acquire a great multifamily asset with strong rental histories in a prime South Shore location. The Property benefits from it's location walking distance to Stoughton center and the Commuter Rail train station, it is close to Route 24 and 138 and a short ride to many surrounding retail complexes in Randolph, Avon and Brockton. Owner also selling another six unit multifamily in Stoughton that could be purchased together; inquire for more details.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

68

PRICE/UNIT

$37,500

CAP RATE

6.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,461 SF

ZONING

RU, Stoughton

APN/PARCEL ID

STOU-000042-000132

ASK ABOUT THIS PROPERTY

Julia BarresiWallace Property ManagementMore Info
781-927-9985

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Julia BarresiWallace Property ManagementMore Info
781-927-9985

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