Stoughton Multifamily Investment
For Sale
$2,375,000
Pending
5-11 Monk Street, Stoughton, MA 02072
Two fully-tenanted multifamily properties in downtown Stoughton with income upside.
Property Size6,359 SF
Days on Market520
Property Features for 5-11 Monk Street
General Information
Standard status
Pending
Size
6,359 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$17,195
Building Details
Year Built
1900
Listing Agency:
Marcus & Millichap Real Estate Investment Services
(617) 896-7200
Listed By:
Tony Pepdjonovic · License #(S):MA:9525302
(617) 429-2031
Source:
Exitrealty
Added: May 5, 2025
Changed: Sep 10
Last Checked: Sep 15 at 4:37AM
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 Marcus & Millichap Real Estate Investment Services
Investment Insights
Based on property information with market context.
Located in downtown Stoughton, 5-7 & 11 Monk Street consist of two adjacent multifamily properties. The properties include a total of 9 units and are fully tenanted. The properties generate strong in-place income with additional rental upside through renovation of units. The current monthly income is $18,940, with a yearly income of $226,080. Tenants are responsible for separate heat, hot water, and electricity. Additional features include off-street parking and on-site laundry. The location is within walking distance (0.2 miles) of the MBTA Commuter Rail, as well as various shopping and dining amenities, making it an ideal location for renters.
Key Highlights
- Prime downtown Stoughton location, walking distance to MBTA Commuter Rail (0.2mi), shopping, and dining.
- Strong in‑place income with potential for increased rental income through unit renovations.
- Fully‑tenanted properties with 9 total units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,102
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,040
$2.1M
Cap Rate 7%
$1,501,457
$1.5M
Cap Rate 9%
$1,167,800
$1.2M
Market Conditions
NOI Build-Up for 6,359 SF
Gross rent
$202.2K $31.80/SF
− Vacancy
−$11.1K −$1.75/SF
EGI
$191.1K $30.05/SF
− OpEx
−$86.0K −$13.52/SF
NOI
$105.1K $16.53/SF
Area
Norfolk County, MA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,040
Cap Rate 7%
$1,501,457
Cap Rate 9%
$1,167,800
Alternative Uses
Best Use
Apartment 5plus
$1.50M
$1.31M – $1.75M
NOI $105,102 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,515 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
Explore this area
Business Placement
Demographics for 02072, MA
29,281
Population
11,346
Households
2.6
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
1,819
Density / Sq Mi
$104,164
Median Household Income
$55,250
Median Earnings
$1,993
Median Rent
$496,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Two fully-tenanted multifamily properties in downtown Stoughton with income upside.
Where is this apartment building located?
The property is located at 5-11 Monk Street Stoughton, MA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Prime downtown Stoughton location, walking distance to MBTA Commuter Rail (0.2mi), shopping, and dining.; Strong in‑place income with potential for increased rental income through unit renovations.; Fully‑tenanted properties with 9 total units.
