EXTREMELY RARE opportunity to acquire a boutique 5-unit multifamily investment property in Hopkinton - currently THE ONLY multifamily asset available for sale in town! VALUE-ADD opportunity featuring IMMEDIATE RENTAL UPSIDE through BELOW-MARKET RENTS, stable in-place income, historical collections, and recent improvements. Unit mix includes 3 one-bed/one-bath units, 1 one bedroom+den/one-bath unit, and 1 two-bed/one-bath unit. Over $250K in recent improvements. Renovated units feature NEW LVP flooring, UPDATED kitchens & baths, NEW appliances, fresh paint, common laundry, assigned off-street parking, and NEWLY painted exterior. 100% occupied. Walkable to downtown Hopkinton amenities with convenient commuter access. Rare offering in a tightly held MetroWest market with limited multifamily inventory, scarce 1-bedroom rental supply, and location within a TOP-RANKED SCHOOL DISTRICT and Greater Boston’s premier suburban markets, with barriers to entry for multifamily product.
4,000 Sq Ft
7,230 Sq Ft Lot Size
investment
$1,047 Monthly Tax
Built in 1900
MLS/Listing ID 73526355
5 Stories
5 Units
Shingle
1 to 2 Mile To Beach
Beach Ownership - Public
Lake/Pond
Public Sewer
Public Water
Cooling - Window Units
Rain Gutters
Natural Wood
Carpet
Stone
Block
Heating - Natural Gas
Heating - Forced Air
Parking - Paved
Parking - Off Street
Parking - Assigned
Enclosed
Community - Bike Path
Community - Highway Access
Community - House of Worship
Community - Public School
Community - T-Station
Community - Walk/Jog Trails
Refrigerator
Range
Microwave
Dishwasher
Community - Shopping
Community - Public Transportation
Community - Park
Office/Den
Living Room/Dining Room Combo
Ceiling Fans
Bathroom with Tub and Shower
Professional Landscaping
Construction - Frame
TOTAL MONTHLY COST
$0
$0
$0