11 Conway St offers a rare chance to acquire a fully stabilized, cash-flowing multifamily in a prime downtown location. This well-maintained 12-unit building features a balanced mix of 6 one-bedroom units and 6 two bedroom units, with just two current vacancy. Tenants are responsible for their own electric (individually metered), while the landlord covers gas for heat and hot water. A strong rent roll provides consistent, dependable income from day one. Operational highlights include:10-year-old roof, Updated plumbing- APO, Coin-operated laundry for additional revenue, and All tenants are month-to-month, allowing for future rent optimization and strategic repositioning. This property is part of a 76 Unit Portfolio (MLS #s: 73459676, 73459674, 73459675, and 73459677.)With its excellent location, stable occupancy, and built-in value-add potential, this property is an ideal choice for both seasoned and new investors looking to expand their portfolio in Massachusetts.
7,920 Sq Ft
3,920 Sq Ft Lot Size
investment
US$15,975 Annual Tax
Built in 1920
MLS/Listing ID 73459673
3 Stories
12 Units
Hardwood
Vinyl
Natural Wood
Construction - Brick
Community - Golf
Community - Park
Community - Public Transportation
Community - Shopping
Community - Sidewalks
Rubber
Community - Walk/Jog Trails
Community - Public School
Community - Private School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Community - Conservation Area
Community - Bike Path
Insulated Windows
City View
Porch
Lot - Level
Brick Mortar
Stone
TOTAL MONTHLY COST
US$0
US$0
US$0