Three-Story 6-Unit Apartment Building

1508 Central St Stoughton, MA 02072

Claim this Listing
New
For Sale
$1,799,900

MULTI_FAMILY - Stoughton, MA

Property size:
6,567 SF
Lot size:
0.35 Acres
Price / SF:
$274/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 2:06 am

Property Features for 1508 Central St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
I
Bedrooms
12
Bathrooms
6
Rooms
Bathroom 5, Bedroom 11, Bathroom 6, Bedroom 6, Bedroom 12, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 9, Bedroom 10, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 8, Bathroom 3, Bathroom 1, Bedroom 1
Parking
14
Standard status
Active
APN
M:0043 B:0051 L:0000,232151
Size
6,567 SF
Lot size
0.35 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13299

Building Details

Year built
1900
Floors in Building
5
Number of units
6

Listing agent Scott Morris

Listing office Keller Williams Realty 574 Washington Street, South Easton, MA

Listing date Jul 9, 2026

MLS# 73547237 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This three-story apartment building is configured as a 6-unit residential income property. It includes a total of 12 bedrooms and 6 full bathrooms, with bathroom fixtures distributed across the building to support multiple residents. Each unit has separate utilities, and the electrical, heating, and hot water systems have been updated. The property also includes a 1-car garage that can provide secure parking and/or extra storage.

The building is located at 1508 Central St in Stoughton, Massachusetts, on a lot of approximately 0.352 acres. The property totals approximately 6,567 square feet of living area. Zoning is listed as I.

For buyers seeking a larger multifamily configuration, the unit-by-unit utility setup and updated electrical, heating, and hot water systems can simplify operations and tenant turnover planning. With 6 separate units and a mix of bedroom and full bath capacity across the building, the layout may support a range of resident arrangements while keeping utility services independent. The presence of a garage adds an additional on-site feature that may be useful for tenant parking or storage needs.

Key Highlights

  • 6‑unit dwelling with 6,567 SF of living space on a 15,333 SF lot
  • 12 bedrooms and 6 full bathrooms, with multiple private accommodations throughout
  • 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

Property Profile 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 6-unit multifamily property with separate utilities and updated mechanicals for each unit.
Where is this apartment building located?
The property is located at 1508 Central St 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: 6‑unit dwelling with 6,567 SF of living space on a 15,333 SF lot; 12 bedrooms and 6 full bathrooms, with multiple private accommodations throughout; Each unit has separate utilities
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