926 Old Turnpike Rd Oakham, MA 01068
For Sale
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This exceptional commercial compound in Oakham, MA, presents a unique investment opportunity spanning 7 acres. The property comprises three distinct buildings, offering diverse income streams and significant expansion potential. The main structure is a charming 2368 square foot Cape-style home, featuring three bedrooms, two full bathrooms, and a heated breezeway leading to a sunroom overlooking a beautifully landscaped yard. A private, 24x42 foot, updated in-ground pool adds to the property's appeal. The partially finished basement includes updated heating and a dedicated office space. A heated two-car garage completes this residential component. The second building is a 1638 square foot commercial office building, offering two floors of rentable space, each equipped with a kitchenette and a half-bath. This building presents excellent opportunities for expansion. Finally, a third building, a 1440 square foot single-family home, offers four rooms, two bedrooms, and one bathroom in an open floor plan, also with expansion possibilities. The entire property has been meticulously maintained under single-family ownership. This property is ideally suited for a 1031 exchange or as a multi-family investment, offering a blend of residential comfort and commercial viability in a desirable country setting. The property's size and diverse structures provide ample room for future development and growth. Priced at $1,200,000.
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Bruce Coffin CPA, Inc. Accounting Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.