Building Details

Tenancy Multi

Listing Agency: Hunneman

Listed By: David Ross · License #MA 131004-RE-B

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:59PM

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Investment Insights

Based on property information with market context.

This multifamily property includes recent capital improvements across both exterior and interior areas. Work completed includes a new roof, replacement balcony railings, refreshed hallways and stairs, and upgrades to apartment finishes.

Located at 42 West St in Randolph, Massachusetts, the property is positioned in a suburban setting and is offered for sale as an apartment building.

Key Highlights

• New roof installed as part of recent capital improvements
• New balcony railings
• Hallways and stairs have been updated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

916

Businesses Nearby

Explore this area Business Placement

Demographics for 02368, MA

35,025

Population

13,091

Households

2.7

Avg Household Size

42

Median Age

35%

College-Educated

88%

High-School Grad

9.3 sq mi

ZIP Area

3,766

Density / Sq Mi

$103,321

Median Household Income

$52,614

Median Earnings

$2,049

Median Rent

$464,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Recent work includes a new roof, balcony railings, and interior improvements.

Where is this apartment building located?

The property is located at 42 West St Randolph, MA.

What are key features of this property?

This property features: New roof installed as part of recent capital improvements; New balcony railings; Hallways and stairs have been updated