Reintroduced at an adjusted price, 51 Stoughton Street presents a compelling opportunity to acquire a well-maintained 6-unit multifamily property in the heart of Houghs Neck. Located on a quiet residential street, this asset offers immediate rental income with meaningful long-term upside, appealing to both investors and owner-occupants. The solidly built property features six spacious units with a desirable mix of one- and two-bedroom layouts. Each apartment offers strong natural light and functional floor plans, with several units updated with modern finishes. Additional value-add potential remains through future improvements and rent optimization. The sale includes two additional adjacent lots, adding flexibility and long-term optionality. This is an excellent opportunity to acquire a cash-flowing asset at a repositioned price point, well suited for portfolio expansion, long-term hold strategies, or 1031 exchange consideration. A strong combination of income, location, and upside.
5,232 Sq Ft
7,216 Sq Ft Lot Size
investment
$1,139 Monthly Tax
Built in 1980
MLS/Listing ID 73468225
5 Stories
6 Units
0 to 1/10 Mile To Beach
Beach Ownership - Public
Ocean
Public Sewer
Public Water
Washer Hookup
Electric Dryer Hookup
Lot - Wooded
Lot - Level
Lot - Easement
Lot - Cleared
Lot - Additional Land Available
Parking - Paved
Parking - Off Street
Stream
Bay Front
Community - Bike Path
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Laundromat
Community - Medical Facility
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
Shingle
Community - Shopping
Community - Public Transportation
Community - Park
Community - Marina
Community - Golf
Construction - Frame
Vinyl
Hardwood
Concrete Perimeter
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