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846 Main St 4 Unit Apartment Building $1,395,000 ($348,750/Unit) 5.43% Cap Rate Woburn, MA 01801
EXECUTIVE SUMMARY
Core-plus multifamily asset with both on-site laundry and ample parking requires little capital expenditure and is a value-add investment opportunity with below-market rents. First floor consists of one 1-bedroom unit and one 2-bedroom unit. There is also a small, private flex room with its own bath on the first floor. Second floor consists of one 1-bedroom unit and one 2-bedroom unit. Separate electric, heating and central cooling for each dwelling unit. Full basement with coin-operated laundry room. ---- Please be advised that this property is a legal 3-family, but does contain 4 dwelling units.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
| Price | $1,395,000 | Apartment Style | Garden |
| Price Per Unit | $348,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 5.43% | Building Size | 6,098 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R-2 - R-2 | ||
| Price | $1,395,000 |
| Price Per Unit | $348,750 |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,098 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | R-2 - R-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (70)
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846 Main St
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