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5-11 Monk St Stoughton, MA 02072

For Sale
$2,375,000

Two fully-tenanted multifamily properties in downtown Stoughton with income upside.

Lot size:
0.28 Acres

Property Features for 5-11 Monk St

General Information

Lot size
0.28 Acres

Building Details

Year built
1900

Source: Marcus & Millichap Real Estate Investment Services Agent Tony Pepdjonovic

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Stoughton Multifamily Investment Opportunity

Located in downtown Stoughton, 5-7 & 11 Monk Street consist of two adjacent multifamily properties. The properties include a total of 9 units and are fully tenanted. The properties generate strong in-place income with additional rental upside through renovation of units. The current monthly income is $18,940, with a yearly income of $226,080. Tenants are responsible for separate heat, hot water, and electricity. Additional features include off-street parking and on-site laundry. The location is within walking distance (0.2 miles) of the MBTA Commuter Rail, as well as various shopping and dining amenities, making it an ideal location for renters.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Stoughton
County
Norfolk
State
Massachusetts
Longitude
-71.1016279
Latitude
42.1265138

FAQs

What type of property is this?
Apartment building - Two fully-tenanted multifamily properties in downtown Stoughton with income upside.
Where is this apartment building located?
The property is located at 5-11 Monk St Stoughton, MA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: - Prime downtown Stoughton location, walking distance to MBTA Commuter Rail (0.2mi), shopping, and dining.; - Strong in-place income with potential for increased rental income through unit renovations.; - Fully-tenanted properties with 9 total units.
More about this property
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