2-24 D St Whitinsville, MA 01588
Twelve 4-bed, 1-bath townhouses with renovation and income potential.
Lot size:
0.83 AcresProperty Features for 2-24 D St
General Information
- Property type
- Investment
- Standard status
- Pending
- 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 in Northbridge, MA, features twelve townhouses, each with 4 bedrooms and 1 bathroom. These direct-entry townhouses are arranged in two six-unit buildings and share a large parking lot. Each unit is separately metered for heat, hot water, and electricity, which are paid directly by the tenants. There is no common area electric expense, as each unit has its own basement. Seven of the twelve units have been recently renovated, and five units are vacant, providing the buyer with the flexibility to select tenants and achieve market rents immediately. The in-place rents for the remaining units are below market, and the tenants are on at-will agreements, allowing the buyer to improve these units and achieve market rents. This property offers a unique opportunity to acquire twelve direct-entry townhomes in a supply-constrained, high-income market. The surrounding area has a population of over 19,200 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
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Twelve 4-bed, 1-bath townhouses with renovation and income potential.
Where is this apartment building located?
The property is located at 2-24 D St Whitinsville, MA.
What are key features of this property?
This property features: - Twelve direct-entry townhouses in a supply-constrained, high-income market.; - Five vacant units provide immediate opportunity to select tenants and achieve top-of-market rents.; - Seven units recently renovated.
