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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Six-Unit Apartment Building
Six-Unit Apartment Building

420 Kimball, Fitchburg, MA 01420

$950,000
5,538 sqft

Six three-bedroom apartments with established tenancy and an additional renovated unit available for lease.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

44 Winter St, Fitchburg, MA 01420

$1,229,000
4,188 sqft

Seven-unit multifamily asset with six one-bedrooms, one two-bedroom, and off-street parking plus a garage.

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5-Unit Multifamily Building
5-Unit Multifamily Building

26 Orchard St, Leominster, MA 01453

$999,000
4,310 sqft

Three-story layout with separate utilities, common laundry, and off-street parking supports efficient tenant operations.

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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 two-family homes 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)

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