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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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Winslow Homes
14-24 c St - C St Apartments
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