MLS#73459676
STATUSActive
PROPERTY TYPECommercial - Investment
Property Description
Weatherheads Apartments is a well-maintained 30-unit, 3-building investment property on 2.733 acres along Route 2. The property features 8 one-bedrooms, 18 two-bedrooms, 2 studios, and two 4-bedroom units, plus plenty of parking, two coin-op laundry rooms, and an in-ground pool (currently not in use). With a solid rental history, an 8.21% cap rate, and clear upside for continued rent growth, this is a strong long-term hold in an accessible, commuter-friendly location. Additional details available upon request. Part of a 76-unit portfolio.
Property Features
Property Type: Commercial - Investment
Lot Size: 6.34 Acres
Taxes: $24,023
Year Built: 1954
Feature Descriptions
Business Type: 5+ Residential
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: 90
Parcel Number: M:004 B:004 L:002,3964378
Rental Term: Monthly
Utilities: Public Water, Public Sewer, Bottled Gas
Listed By / Shown By
Listed By
Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Raquel Medina
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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65 French King Hwy | MLS# 73459676
This commercial property located at 65 French King Hwy, Erving, MA 01344 is currently listed for sale with an asking price of $6,000,000. Search Erving real estate on www.masiellogrouprealestate.com today.