For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

24 Mechanic St Foxborough, MA 02035

For Sale
$979,000

Updated four-family property near downtown Foxboro with strong cash flow.

Lot size:
0.25 Acres

Property Features for 24 Mechanic St

General Information

Lot size
0.25 Acres

Building Details

Year built
1900

Source: The Agency Boston Agent Adam Stivaletta

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


Overview

Turnkey Four-Family Investment Property

This turnkey four-family property is located just outside of downtown Foxboro. It features updated units with both common and private entrances, as well as a large off-street parking area and yard space. A newer roof was installed in 2017, and the property has mostly vinyl windows. The electrical system is 200 amp with new panels installed in 2017. The property is being delivered with a brand new septic system. There is a strong tenant history with very low turnover. The current net cash flow is $50,787 after all expenses, but is projected to be $64,846 after rent adjustments. All tenants are currently tenant at will, making it suitable for immediate rent adjustments and owner occupancy. Snow removal, landscaping, gas (heat & hot water), trash removal, water, and sewer are included in the rent. Tenants pay their own electric.
Location Intelligence

Current Use by Public Records

Quadplexes

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
Foxborough
County
Norfolk
State
Massachusetts
Longitude
-71.247373
Latitude
42.0667947

FAQs

What type of property is this?
Quadplex - Updated four-family property near downtown Foxboro with strong cash flow.
Where is this quadplex located?
The property is located at 24 Mechanic St Foxborough, MA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: - Excellent cash flow: Currently $50,787 net, with potential to increase to $64,846 after rent adjustments.; - Turnkey 4-family property in a prime location near downtown Foxboro.; - Brand new septic system and newer roof (2017).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message