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Foxboro Multifamily Investment Opportunity

160 East Street Foxboro, MA 02035

Claim this Listing
Pending
$1,250,000

MULTI_FAMILY - Foxboro, MA

Property size:
4,689 SF
Lot size:
0.47 Acres
Added:
May 26, 2026
Days on Market:
47
Last Refresh:
Jul 11 at 2:06 am

Property Features for 160 East Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-40
Bedrooms
10
Bathrooms
5
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 9, Bathroom 5, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 10, Bathroom 3
Parking
10
Standard status
Pending
APN
943188
Size
4,689 SF
Lot size
0.47 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10929

Building Details

Year built
1900
Floors in Building
5
Number of units
5

Listing agent Al Styles

Listing office Keller Williams Realty Signature Properties 171 Washington Street, Hanover, MA

Listing date May 26, 2026

MLS# 73523700 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 is a well-maintained 5-unit apartment building situated on a 20,369 sq ft level lot in Foxboro. Each unit features a spacious 2-bedroom layout with hardwood floors, refrigerator, stove, and ample living space. The property offers separate heating and electric utilities for each unit, along with convenient in-building laundry. Major updates include newer windows, roof, flooring, and a fresh coat of paint. Located in a quiet neighborhood with easy access to I-95 and I-495, the property is just 15 minutes to Gillette Stadium and Patriot Place, and 25 minutes to Wrentham Outlets. Enjoy proximity to state parks, hiking trails, country clubs, and conservation areas. All tenants are currently tenants-at-will, providing flexibility for immediate rent adjustments or potential owner-occupancy opportunities. The property is zoned R-40 and has a property size of 4,689 square feet.

Key Highlights

  • 5‑unit apartment building (built 1900) on a 20,369 sq ft level lot
  • All 5 units offer spacious 2‑bedroom layouts with hardwood floors
  • Each unit includes a refrigerator and stove

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 $149.1k $31.80
− Vacancy −$8.2k −$1.75
EGI $140.9k $30.05
− OpEx −$63.4k −$13.52
NOI $77.5k $16.53
4,689 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.11M
$968.8K – $1.29M (±1% cap)
NOI $77,500 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M (±1% cap)
NOI $194,311 @ 7.0% cap · market cap 15.54%
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 Restaurant Auto Repair Shop Spa & Massage Center Building Supply HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store

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

FAQs

What type of property is this?
Apartment building - Well-maintained 5-unit apartment building in Foxboro, Massachusetts.
Where is this apartment building located?
The property is located at 160 East Street Foxboro, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5‑unit apartment building (built 1900) on a 20,369 sq ft level lot; All 5 units offer spacious 2‑bedroom layouts with hardwood floors; Each unit includes a refrigerator and stove
Contact an agent
More about this property
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