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
$15,975 Annual Tax
Built in 1920
MLS/Listing ID 73459673
3 Stories
12 Units
Porch
City View
Insulated Windows
Community - Bike Path
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Laundromat
Community - Medical Facility
Lot - Level
Brick Mortar
Vinyl
Hardwood
Community - Private School
Community - Public School
Community - Walk/Jog Trails
Rubber
Stone
Community - Sidewalks
Community - Shopping
Community - Public Transportation
Community - Park
Natural Wood
Construction - Brick
Community - Golf
TOTAL MONTHLY COST
-
-
-