Property Description

2-24 D St Northbridge, MA features twelve (12) 4 bed-1 bath direct-entry townhouses comprised of two six-unit buildings with a large shared parking lot. All units are separately metered for heat, hot water, and electric which the tenants pay directly. There is no common area electric expense as all units have separate basements. Seven (7) of the twelve (12) units have been recently renovated and five (5) are vacant allowing the buyer flexibility to select their own tenants and immediately achieve top of market rents. Additionally, in place rents for the remaining units are below market and on tenant at will agreements allowing the buyer the opportunity to improve these units and achieve market rents. This is a unique opportunity to acquire twelve direct entry townhomes in a supply constrained high income market. More than 19,200 people live within 3 miles of the property with an average household income of $146,802.

Property Features