BEDS10
BATHS5 full
SQUARE FEET5,654
MLS#73554796
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Lot Size: 0.96 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $8,305
Year Built: 1860
Feature Descriptions
Building Area Total: 5654
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
Door Features: Storm Door(s)
Dwelling Type: 5+ Family - 5+ Units Side by Side
Electric: Circuit Breakers,100 Amp Service, Other (See Remarks)
Exclusions: All Personal Property Belonging To Current Tenants Is Excluded From The Sale.
Exterior: Frame, See Remarks
Lot Features: Corner Lot
Parcel Number: 3526743
Parking Features: Off Street
Parking Total: 5
Rooms Total: 10
Sewer: Private Sewer
Units: 5
Utilities: for Gas Oven
Water: Private
Listed By / Shown By
Listed By
Agency Name: www.HomeZu.com
Agent Name: Jason Saphire
Agency Phone: 877-249-5478
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,793.97 per month $1,858.35 Principal & Interest $692.08 Property Tax $243.54 Homeowner's Insurance
66 Main St | MLS# 73554796
This multi-family property located at 66 Main St, Princeton, MA 01541 is currently listed for sale with an asking price of $835,000. Search Princeton real estate on www.masiellogrouprealestate.com today.