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5 Oak St 3 Unit Apartment Building $900,000 ($300,000/Unit) 6.94% Cap Rate Middleboro, MA 02346
Investment Highlights
- TURN-KEY ASSET
- STRONG RENTAL DEMOGRAPHICS & DEMAND
- DESIRABLE TRAINSIT-ORIENTED DOWNTOWN MIDDLEBOROUGH LOCATION
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 5 Oak Street in Middleborough, MA (the “Property”). The three-story building contains three (3) 2-Bedroom/1-Bathroom units with 3,730 square feet of gross living area in 5,524 square feet of gross area. The Property is situated on 0.25-acres of land with six (6) off-street parking spaces available for residents. 5 Oak Street is well-positioned in the heart of downtown Middleborough, offering direct access to the town’s central business district, local retail corridors, and established residential neighborhoods. The property benefits from convenient access to major regional routes including Route 28 and Route 105, as well as close proximity to Interstate 495, providing efficient access throughout southeastern Massachusetts and into the Greater Boston and Providence metropolitan areas.
Property Facts
| Price | $900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 6.94% | Building Size | 5,524 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.09/1,000 SF |
| Price | $900,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 6.94% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,524 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.09/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
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5 Oak St
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