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Three-Story Multi-Family Building

1508 Central Street Stoughton, MA 02072

Claim this Listing
For Sale
$1,799,900

Three-story six-unit building with separate utilities, updated electrical, heating, and newer hot water systems.

Type:Multi-family / 5-9 Family
Property size:
6,567 SF
Lot size:
0.35 Acres
Price / SF:
$274.08/SF
Added:
Jul 7, 2026
Days on Market:
8
Last Refresh:
Jul 13 at 2:19 am

Property Features for 1508 Central Street

General Information

Standard status
Active
Size
6,567 SF
Lot size
0.35 Acres
Property subtype
Multi-family / 5-9 Family

Building Details

Year Built
1900

Listing office Keller Williams Realty

Listing date Jul 7, 2026

Source Compass

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

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty


Investment Insights

Based on property information with market context.

This three-story multi-family building consists of six units with a total of 12 bedrooms and six full bathrooms. Each unit is served by separate utilities, and the property includes updated electrical, updated heating, and newer hot water systems. A 1-car garage adds covered parking or additional storage capacity.

The property is located at 1508 Central Street in Stoughton, MA. The listing notes an open house on Saturday, July 11 from 10:30 to 12.

With its apartment-style layout and utility separation between units, the building is configured for multiple independent occupancies.

Key Highlights

  • Three‑story 6‑unit dwelling with 6 full baths and 12 bedrooms in total
  • 6,567 SF of living space on a 15,333 SF lot
  • Each unit has separate utilities

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $208.8k $31.80
− Vacancy −$11.5k −$1.75
EGI $197.3k $30.05
− OpEx −$88.8k −$13.52
NOI $108.5k $16.53
6,567 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,540 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M (±1% cap)
NOI $272,135 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center Grocery & Convenience Store Restaurant Garden Center

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

FAQs

What type of property is this?
Apartment building - Three-story six-unit building with separate utilities, updated electrical, heating, and newer hot water systems.
Where is this apartment building located?
The property is located at 1508 Central Street Stoughton, MA.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: Three‑story 6‑unit dwelling with 6 full baths and 12 bedrooms in total; 6,567 SF of living space on a 15,333 SF lot; Each unit has separate utilities
Contact an agent
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