37 Leicester St - Multi-Family FOR SALE


North Oxford, MA 01537
$1,100,000 USD
508-450-4496
37 Leicester St, North Oxford, MA for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

37 Leicester St
North Oxford, MA 01537


HIGHLIGHTS

  • Route 56 between Routes 12 and Route 20. High Visibility area.
  • Below market rents. Great potential for income. All tenants but one are T.A.W.
  • Great commuting location.

OVERVIEW

Exceptional visibility and easy access to Route 20 and Route 12 make this a rare opportunity in a high-traffic corridor. This mixed-use property offers seven total units, including two single-family residences, a commercial storefront, and a four-unit residential building. The residential mix includes four one-bedroom apartments totaling 2,860 SF, a two-bedroom home with garage bays at 1,165 SF, and a charming 400 SF studio home. The 1,654 SF commercial space is occupied by a long-term tenant, providing stability. With plenty of off-street parking, .61 acres of land, and strong rental income potential, this property is ideal for investors seeking both cash flow and appreciation in a strategic commuter location. Coin op laundry in the four unit building.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

7

PRICE/UNIT

$157,143

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

OXFO-000008A-000000-C000008

ASK ABOUT THIS PROPERTY

Cindy LeinonenHouseworks RealtyMore Info
508-450-4496

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Cindy LeinonenHouseworks RealtyMore Info
508-450-4496

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