BEDS6
BATHS5 full
SQUARE FEET4,000
MLS#73526355
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
EXTREMELY 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, historical collections, and recent improvements. Unit mix includes 3 one-bed/one-bath units, 1 one bedroom+den/one-bath unit, and 1 two-bed/one-bath unit. Over $250K in recent improvements. Renovated units feature NEW LVP flooring, UPDATED kitchens & baths, NEW appliances, fresh paint, common laundry, assigned off-street parking, and NEWLY painted exterior. 100% occupied. Walkable to downtown Hopkinton amenities with convenient commuter access. Rare offering in a tightly held MetroWest market with limited multifamily inventory, scarce 1-bedroom rental supply, and location within a TOP-RANKED SCHOOL DISTRICT and Greater Bostons premier suburban markets, with barriers to entry for multifamily product.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial, Dirt Floor, Unfinished
Basement: Yes
Cooling: Window Unit(s)
Heating: Forced Air, Natural Gas
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $12,560
Year Built: 1900
Amenities
Laundry Room
Ceiling Fan(s)
Bathroom With Tub & Shower
Remodeled
Kitchen
Living RM/Dining RM Combo
Office/Den
Rain Gutters
Professional Landscaping
Feature Descriptions
Appliances: Range, Dishwasher, Refrigerator, Microwave
Building Area Total: 4000
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 6
Dwelling Type: 5-9 Family
Electric: 110 Volts, Circuit Breakers, Individually Metered
Exterior: Frame
Flooring: Carpet, Wood
HeatingY/N: 1
Open Parking Y/N: Yes
Other Structures: Shed(s)
Parcel Number: 533769
Parking Features: Paved Drive, Off Street, Assigned, Paved
Parking Total: 8
Patio And Porch: Enclosed
Rent Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water)
Rooms Total: 16
Sewer: Public Sewer
Units: 5
Water: Public
Waterfront Features: Lake/Pond,1 to 2 Mile To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: REC Partners Realty
Agent Name: Ryan Mastroianni
Agency Phone: 508-435-4031
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,323.45 per month $3,781.24 Principal & Interest $1,046.67 Property Tax $495.54 Homeowner's Insurance
6 Mayhew | MLS# 73526355
This multi-family property located at 6 Mayhew, Hopkinton, MA 01748 is currently listed for sale with an asking price of $1,699,000. Search Hopkinton real estate on www.masiellogrouprealestate.com today.