6 Mayhew St - Multi-Family FOR SALE


Hopkinton, MA 01748
$1,699,000 USD
508-567-7189
6 Mayhew St, Hopkinton, MA for Sale
$1,699,000 USD
Multi-Family - FOR SALE
1/36
null | Request Cap Rate

6 Mayhew St
Hopkinton, MA 01748


HIGHLIGHTS

  • VALUE-ADD MULTIFAMILY WITH IMMEDIATE RENTAL UPSIDE — 100% occupied boutique 5-unit asset featuring below-market rents and significant rental upside
  • OVER $250K IN RECENT IMPROVEMENTS | TURNKEY MULTIFAMILY — Renovated units, updated kitchens & baths, new finishes, laundry, and parking
  • RARE HOPKINTON MULTIFAMILY IN PREMIER METROWEST MARKET — Only multifamily available in town with strong rental demand and convenient commuter acces

OVERVIEW

Rare opportunity to acquire a boutique 5-unit multifamily investment property in Hopkinton — currently the only multifamily asset available for sale in town. Value-add opportunity featuring immediate rental upside through below-market rents, stable in-place income, strong historical collections, and 100% occupancy. Unit mix includes (3) 1BR/1BA units, (1) 1BR+den/1BA unit, and (1) 2BR/1BA unit. Over $250K in recent improvements, including renovated units with updated kitchens & baths, new flooring, appliances, paint, common laundry, parking, and exterior improvements. Walkable downtown location with commuter access in a tightly held MetroWest market with strong rental fundamentals. Financials, rent roll, and supplemental property information available upon request through listing broker.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

5

PRICE/UNIT

$339,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Hopkinton Multifamily | 6 Mayhew Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RA

APN/PARCEL ID

HOPK-000016U-000055

ASK ABOUT THIS PROPERTY

Ryan MastroianniREC PartnersMore Info
508-567-7189

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Ryan MastroianniREC PartnersMore Info
508-567-7189

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