Historic 6-Unit Apartment
For Sale
$999,900
34 High St, North Attleboro, MA 02760
Well-maintained six-unit property with updated exterior systems and coin-op laundry, suited for investors or owner-occupants.
Property Size5,351 SF
Price / SF$186.86
Days on Market132
Property Features for 34 High St
General Information
Standard status
Active
Size
5,351 SF
Total Parking Spaces
9
Property subtype
Multi-Family
Zoning
res
Net Operating Income
$77,300
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$11,357
Building Details
Building Size
5,351 SF
Year Built
1878
Stories
5
Tenancy
Multi
Listing Agency:
Keller Williams Elite
(508) 695-4545
Listed By:
Kurt Franklin
(508) 446-0275
Source:
Churchillprop
Added: May 27
Changed: Oct 1
Last Checked: Oct 4 at 8:11AM
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 Elite
Investment Insights
Based on property information with market context.
This historic six-unit apartment building, known as “The Gables,” is being offered for sale and has been meticulously maintained by its current owner. The property features a newer roof, new siding, and a newer alarm system, along with coin-op laundry. Unit mix includes one two-bedroom residence and five one-bedroom units, with potential to increase bedroom amounts depending on future configurations. Inside, each unit is described as neat and well-kept, with gleaming hardwood floors and ample natural light.
The building is centrally located in North Attleboro. An oversized garage/workshop on site provides practical flexibility for the future owner, whether for personal use or as potential space to generate additional rental income. The property’s overall condition and care suggest a turnkey opportunity for those seeking a classic, stable multifamily asset.
From an investment perspective, the current structure and thoughtful maintenance support steady income, while the one-bedroom-to-more-flexible layout potential adds upside for long-term returns. For owner-occupants, the combination of a small number of larger units and strong presentation makes it a workable live-in option alongside rental income.
The building is centrally located in North Attleboro. An oversized garage/workshop on site provides practical flexibility for the future owner, whether for personal use or as potential space to generate additional rental income. The property’s overall condition and care suggest a turnkey opportunity for those seeking a classic, stable multifamily asset.
From an investment perspective, the current structure and thoughtful maintenance support steady income, while the one-bedroom-to-more-flexible layout potential adds upside for long-term returns. For owner-occupants, the combination of a small number of larger units and strong presentation makes it a workable live-in option alongside rental income.
Key Highlights
- Historical 6‑unit multifamily property built in 1878
- Updated exterior systems including a newer roof and new siding
- New alarm system and coin‑op laundry on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,871
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,777,420
$1.8M
Cap Rate 7%
$1,269,586
$1.3M
Cap Rate 9%
$987,456
$987.5K
Market Conditions
NOI Build-Up for 5,351 SF
Gross rent
$173.4K $32.40/SF
− Vacancy
−$11.8K −$2.20/SF
EGI
$161.6K $30.20/SF
− OpEx
−$72.7K −$13.59/SF
NOI
$88.9K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,777,420
Cap Rate 7%
$1,269,586
Cap Rate 9%
$987,456
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,871 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M
NOI $228,107 @ 7.0% cap · market cap 22.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 02760, MA
28,716
Population
12,359
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,595
Density / Sq Mi
$109,350
Median Household Income
$63,501
Median Earnings
$1,386
Median Rent
$458,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit property with updated exterior systems and coin-op laundry, suited for investors or owner-occupants.
Where is this apartment building located?
The property is located at 34 High St North Attleboro, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Historical 6‑unit multifamily property built in 1878; Updated exterior systems including a newer roof and new siding; New alarm system and coin‑op laundry on site
