Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 14,060 sqft

Price per Sqft $206

MLS Listing ID 73448269

Bedrooms 48

Full Baths 12

Year Built 1915

Annual Tax Amount $19,127

Tax Year 2025

Lot Size 0.830 Acres

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

2-24 D St Northbridge, MA features twelve (12) 4 bed-1 bath direct-entry townhouses comprised of two six-unit buildings with a large shared parking lot. All units are separately metered for heat, hot water, and electric which the tenants pay directly. There is no common area electric expense as all units have separate basements. Seven (7) of the twelve (12) units have been recently renovated and five (5) are vacant allowing the buyer flexibility to select their own tenants and immediately achieve top of market rents. Additionally, in place rents for the remaining units are below market and on tenant at will agreements allowing the buyer the opportunity to improve these units and achieve market rents. This is a unique opportunity to acquire twelve direct entry townhomes in a supply constrained high income market. More than 19,200 people live within 3 miles of the property with an average household income of $146,802.

Location

State MA

County Worcester

Zoning R5

Building

Lot Description Corner Lot

Story 15

Foundation Stone

Sewer Public Sewer

Water Public

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Listed by Horvath & Tremblay
Bought with Ethan Lazar • Horvath & Tremblay

Nearby School & Business

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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2-24 D St Northbridge, MA 01588

Key Details

Location

Building

Nearby School & Business

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