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INVESTMENT HIGHLIGHTS
- EXISTING CASH FLOW & UPSIDE
- LONG TERM OWNERSHIP
- CURB APPEAL
- SEPARATE UTILITIES
EXECUTIVE SUMMARY
Hunneman is pleased to offer for sale an excellent investment opportunity. 343-347 Main St. / 5 Beacon St. in Clinton, MA is a 9-unit brick building with two (2) commercial stores and seven (7) residential units. The unit mix contains large apartments, including four (4) 3-bedrooms and three (3) 2-bedroom units. Two (2) of the 3-bedrooms are duplexes. The property features rear decks and off-street parking. 343-347 Main Street is fully occupied and offers significant upside potential to the existing income. The property is available with an asking price of $1,600,000. Offers can be made at any time on a rolling basis.
PROPERTY FACTS Under Contract
| Price | $1,600,000 | Building Class | C |
| Price Per Unit | $177,778 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 13,376 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1890 |
| Price | $1,600,000 |
| Price Per Unit | $177,778 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 13,376 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 4 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | CLIN-000060-003154 | Improvements Assessment | $732,200 |
| Land Assessment | $86,800 | Total Assessment | $819,000 |
PROPERTY TAXES
Parcel Number
CLIN-000060-003154
Land Assessment
$86,800
Improvements Assessment
$732,200
Total Assessment
$819,000
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343-347 Main St
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