Apartment Building

Princeton, MA Apartment Buildings for Sale

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Five-Unit Multifamily Investment
Updated: Jul 25
Five-Unit Multifamily Investment

66 Main St, Princeton, MA 01541

$835,000
5‑unit multifamily in Princeton; 4 of 5 units are currently occupied with in‑place gross annual rent of $67,800 ($5,650/month).
Unit mix and rents: 1BR leased $1,300/mo; 2BR/1BA leased $1,700/mo; 1BR leased $1,400/mo; 3BR/1BA vacant at $2,000/mo; 1BR leased $1,250/mo.
5,654 SF building with 9 bedrooms and 5 bathrooms total; 1860 year built.
Vacant unit provides potential upside—market rent listed at $2,000/mo, for total potential gross rent of $91,800/year.
Oil heat with landlord‑paid heating (per provided remarks).
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1 active listing matches your search: Apartment Building for sale in Princeton, MA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

48-Unit Apartment Property
48-Unit Apartment Property

61 W Broadway, Gardner, MA 01440

$6,950,000
35,000 sqft 0.95 AC lot

Two brick buildings combine varied apartment layouts with on-site laundry and off-street parking.

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Mixed-Use Redevelopment Building
Mixed-Use Redevelopment Building

4-12 Parker St, Gardner, MA 01440

$1,400,000
13,000 sqft

Partially advanced redevelopment with approved residential plans and street-level commercial space.

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Five-Unit Residential Income Building
Five-Unit Residential Income Building

54-56 North Main St, Leominster, MA 01453

$999,500
4,165 sqft 0.53 AC lot

Five-unit multi-family property with in-place tenants, 11 off-street parking spaces, and an unfinished basement for storage.

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Five-Unit Apartment Building
Five-Unit Apartment Building

166 Central St, Leominster, MA 01453

$700,000
5,042 sqft

Separate utilities, individual off-street parking, and a combination of leased and vacant units support flexible occupancy planning.

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Princeton, MA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Princeton, MA on our real estate platform.

Sale prices for apartment complexes in Princeton, MA average $835,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,500
Population Growth (5Y) +1.7%
Median Household Income $150,577
College Educated 88.7%

High-Yield Neighborhoods for Investment

Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01541 $835K

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $56.82 per SF
Tax Rate vs County Average 0.50 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Worcester County

Residential Income

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