Foxboro Multifamily Investment
160 East Street Foxboro, MA 02035
160 East Street, Foxboro, MA, 02035
$1,250,000
Pending
For Sale
$1,250,000
Pending
MULTI_FAMILY - Foxboro, MA
Property Size4,689 SF
Lot Size0.47 Acres
Days on Market53
Property Features for 160 East Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-40
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bedroom 10, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 6, Bathroom 5, Bedroom 8, Bathroom 1, Bedroom 5
- Parking
- 10
- Standard status
- Pending
- APN
- 943188
- Size
- 4,689 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10929
Building Details
- Year built
- 1900
- Floors in Building
- 5
- Number of units
- 5
Listing Agency
Keller Williams Realty Signature Properties
(781) 924-5766
171 Washington Street, Hanover, MA
Listed by
Al Styles
(781) 924-5766
Added: May 26 Checked: Jul 17 at 12:06 pm
MLS# 73523700
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a well-maintained 5-unit apartment building situated on a 20,369 sq ft level lot in Foxboro. Each unit features a spacious 2-bedroom layout with hardwood floors, refrigerator, stove, and ample living space. The property offers separate heating and electric utilities for each unit, along with convenient in-building laundry. Major updates include newer windows, roof, flooring, and a fresh coat of paint. Located in a quiet neighborhood with easy access to I-95 and I-495, the property is just 15 minutes to Gillette Stadium and Patriot Place, and 25 minutes to Wrentham Outlets. Enjoy proximity to state parks, hiking trails, country clubs, and conservation areas. All tenants are currently tenants-at-will, providing flexibility for immediate rent adjustments or potential owner-occupancy opportunities. The property is zoned R-40 and has a property size of 4,689 square feet.
Key Highlights
- 5‑unit apartment building in Foxboro built in 1900
- 20,369 sq ft level lot
- Each unit offers a spacious 2‑bedroom layout with hardwood floors
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.1k | $31.80 |
| − Vacancy | −$8.2k | −$1.75 |
| EGI | $140.9k | $30.05 |
| − OpEx | −$63.4k | −$13.52 |
| NOI | $77.5k | $16.53 |
4,689 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$968.8K – $1.29M
NOI $77,500 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,311 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 5-unit apartment building in Foxboro, Massachusetts.
Where is this apartment building located?
The property is located at 160 East Street Foxboro, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5‑unit apartment building in Foxboro built in 1900; 20,369 sq ft level lot; Each unit offers a spacious 2‑bedroom layout with hardwood floors
