2-24 D St Whitinsville, MA 01588
Twelve 4-bed, 1-bath townhouses with renovation and rental upside.
Lot size:
0.83 AcresProperty Features for 2-24 D St
General Information
- Lot size
- 0.83 Acres
Building Details
- Year built
- 1915
Source:
Elliman
Listing 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
Location Insight
- Map
- Local Demand
- City
- Whitinsville
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.6827128
- Latitude
- 42.1150885
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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.