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8-Unit Brick Clinton, MA 112 School St 8 Unit Apartment Building $1,700,000 ($212,500/Unit) Clinton, MA 01510
Investment Highlights
- Existing Cash Flow and Upside Potential
- Good location, walk to downtown, Clinton is one of the safest towns in MA
- Large Units, tenants pay heat, hot water, and electric
Executive Summary
Hunneman is pleased to offer for sale an excellent investment opportunity in Clinton, MA. 112 School Street is a four-story brick apartment building with 8 residential units. The large 10,990 ± SF building includes a unit mix with six (6) 4-bedroom apartments and two (2) 3-bedroom apartments. The property is well-located in walking distance to downtown Clinton. 112 School Street has stabilized existing cash flow and offers significant future upside potential.
The property is available with an asking price of $1,700,000. Offers can be made at any time on a rolling basis.
PLEASE NOTE: THERE IS NO COBROKE FEE OFFERED, BUYER AGENTS MUST BE PAID BY THE BUYER.
The property is available with an asking price of $1,700,000. Offers can be made at any time on a rolling basis.
PLEASE NOTE: THERE IS NO COBROKE FEE OFFERED, BUYER AGENTS MUST BE PAID BY THE BUYER.
Property Facts
| Price | $1,700,000 | Lot Size | 0.13 AC |
| Price Per Unit | $212,500 | Building Size | 8,167 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1875 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $1,700,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,167 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1875 |
| Parking Ratio | 0.5/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
| 4+1 | 6 | - | - |
1 1
Fairly walkable
40/100
Moderately drivable
60/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | CLIN-000001-002698 | Improvements Assessment | $1,055,400 |
| Land Assessment | $99,500 | Total Assessment | $1,154,900 |
Property Taxes
Parcel Number
CLIN-000001-002698
Land Assessment
$99,500
Improvements Assessment
$1,055,400
Total Assessment
$1,154,900
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8-Unit Brick Clinton, MA | 112 School St
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