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14-24 c St - C St Apartments 5 Unit Apartment Building Offered at $1,050,000 at a 9% Cap Rate Whitinsville, MA 01588
Executive Summary
Cash Cow Condo Investment opportunity – desirable units that are turn key and rent ready. These nicely renovated condos offer a stylish kitchen, two off-street parking spots, and a versatile bonus room that can be used as a home office or an additional sleeping area. Located in a convenient area close to highways and shopping, this unit provides both comfort and accessibility. With so much to offer, this is a fantastic opportunity to invest and create a cash flowing cow.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$37.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$37.44
|
| Taxes |
$7,200
|
$2.25
|
| Operating Expenses |
$17,800
|
$5.55
|
| Total Expenses |
$25,000
|
$7.80
|
| Net Operating Income |
$95,000
|
$29.64
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $37.44 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $37.44 |
| Taxes | |
|---|---|
| Annual | $7,200 |
| Annual Per SF | $2.25 |
| Operating Expenses | |
|---|---|
| Annual | $17,800 |
| Annual Per SF | $5.55 |
| Total Expenses | |
|---|---|
| Annual | $25,000 |
| Annual Per SF | $7.80 |
| Net Operating Income | |
|---|---|
| Annual | $95,000 |
| Annual Per SF | $29.64 |
Property Facts
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Property Taxes
| Parcel Number | NBRI-000006-A000263 | Total Assessment | $143,400 |
| Land Assessment | $0 | Annual Taxes | $7,200 ($2.25/SF) |
| Improvements Assessment | $143,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
NBRI-000006-A000263
Land Assessment
$0
Improvements Assessment
$143,400
Total Assessment
$143,400
Annual Taxes
$7,200 ($2.25/SF)
Tax Year
2025
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14-24 c St - C St Apartments
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