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308 Main St 4 Unit Apartment Building $1,350,000 ($337,500/Unit) 4.80% Cap Rate Oxford, MA 01540
Executive Summary
Exceptional, Exciting Investment Opportunity Zoned for Village Business- Commercial-Residential- Located right in the Downtown Center of Oxford creating an extremely high visibility spot, high traffic with a daily traffic count of 12,300.00 vehicles a day per Mass Dot Research Count. A versatile mixed use property 2 story unit with a full 2880sq ft basement and offering 4- large 1 bedroom apartments and 2 lower level 1st floor commercial spaces for business right at the center of town and at the lights, a commuters dream. Close to all major Rtes. 395, 290,90,146,Rte 20 and the Mass Pike. Unlock the potential of the property with tenants that all have no leases, all TAW- Tenants at will including both Commercial tenants that pay all their own utilities and below market rents. New roof 2024-GA Roofing-Town Water-Title V private septic installed and cost-$30,000-2016- Newer System. Property is in good condition and has huge development opportunity's for redevelopment.
Property Facts
| Price | $1,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $337,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.80% | Building Size | 5,760 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 3.13/1,000 SF |
| Zoning | VB - Village Business | ||
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| Cap Rate | 4.80% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 5,760 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 3.13/1,000 SF |
| Zoning | VB - Village Business |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Property Taxes
| Parcel Number | OXFO-000034C-000000-D000011 | Improvements Assessment | $479,700 |
| Land Assessment | $107,500 | Total Assessment | $587,200 |
Property Taxes
Parcel Number
OXFO-000034C-000000-D000011
Land Assessment
$107,500
Improvements Assessment
$479,700
Total Assessment
$587,200
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Karynsue Realty
308 Main St
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