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$ 835,000
Est. payment /mo
New
66 Main St Princeton, MA 01541
10 Beds
5 Baths
5,654 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 5,654 sqft
Price per Sqft $147
MLS Listing ID 73554796
Bedrooms 10
Full Baths 5
Year Built 1860
Annual Tax Amount $8,305
Tax Year 2025
Lot Size 0.960 Acres
Acres 0.96
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
Location
State MA
County Worcester
Zoning RA
Direction Right after the park, you can enter from the park road or from the main road, two entrances
Rooms
Basement Full, Unfinished
Exterior
Utilities Available for Gas Oven
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Stone, Other
Sewer Private Sewer
Water Private
Others
Senior Community false
Listed by www.HomeZu.com
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