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    2-24 D St Whitinsville, MA 01588

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    For Sale
    $3,100,000

    Twelve 4-bed, 1-bath townhouses with renovation and rental upside.

    Lot size:
    0.83 Acres

    Property Features for 2-24 D St

    General Information

    Lot size
    0.83 Acres

    Building Details

    Year built
    1915

    Source: Horvath & Tremblay Agent Ethan Lazar

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

    Overview

    Twelve Townhouses in Whitinsville, MA

    The property at 2-24 D St, Northbridge, MA, features twelve 4-bed, 1-bath direct-entry townhouses, arranged as two six-unit buildings with a shared parking lot. Each unit is separately metered for heat, hot water, and electric, with tenants responsible for these costs. There are no common area electric expenses, as each unit has its own basement. Seven of the twelve units have been recently renovated and are currently vacant, providing an opportunity for the buyer to select tenants and achieve market rents immediately. The in-place rents for the remaining units are below market value, and the tenants are on at-will agreements, allowing for potential unit improvements and increased rental income. The property is located in a high-income market with limited housing supply. Over 19,200 residents live within a 3-mile radius, with an average household income of $146,802.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Clothing Store Gym & Fitness Building Supply Accounting Firm Hotel & Motel Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitinsville
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6827128
    Latitude
    42.1150885

    Nearby Similar for Sale

    • $1,200,000

      Whitinsville Commercial Property For Sale

      0.99 acre commercial property with redevelopment potential in Whitinsville.
      679 Linwood Ave, Whitinsville, MA 01588
      View Details

    FAQs

    What type of property is this?
    Apartment building - Twelve 4-bed, 1-bath townhouses with renovation and rental upside.
    Where is this apartment building located?
    The property is located at 2-24 D St Whitinsville, MA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Twelve direct-entry townhouses in a supply-constrained, high-income market.; - **Seven recently renovated and vacant units offer immediate top-of-market rental income potential.**; - Opportunity to increase rents on remaining units currently below market value.
    (617) 910-1219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2-24 D St Whitinsville, MA 01588
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