4 Davis St - Apartments FOR SALE


Shirley, MA 01464
$2,395,000 USD
203-692-2420
4 Davis St, Shirley, MA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

4 Davis St
Shirley, MA 01464


HIGHLIGHTS

  • Ten Unit Multifamily Property
  • (8) One-Bedroom, Two- Bedroom & Three-Bedroom Floor Plans
  • Tenant Paid Utilities
  • Ample On-Site Area with .27 Acres of SV-Zoned Land
  • Centrally Located Near MBTA Commuter Rail (Shirley Station), Local Shops, and Highways
  • Value Add Opportunity through Market Rents

OVERVIEW

Northeast Private Client Group is pleased to present the Davis Street Apartments at 4 Davis Street in Shirley, MA. Fully tenanted, income-generating 10-unit multifamily property located in the heart of Shirley, Massachusetts. Brick apartment building contains approximately 7,256 square feet of finished living space across 10 units. Comprised of eight (8) one-bedrooms, a two-bedroom & a three-bedroom, situated on a 0.27-acre lot. The new owner can purchase a multifamily asset with upside potential through market rents and light renovations. Strong rental history in a high-demand commuter location. All interested parties will have the opportunity to tour the building during scheduled appointments and obtain additional information upon request.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

10

PRICE/UNIT

$239,500

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1885

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

SV

APN/PARCEL ID

SHIR-000022-B000000-000006

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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