Mixed-Use Office and
926 Old Turnpike Road Oakham, MA 01068
926 Old Turnpike Road, Oakham, MA, 01068
$989,000
Pending
For Sale
$989,000
Pending
MULTI_FAMILY - Oakham, MA
Property Size5,446 SF
Lot Size6.98 Acres
Days on Market135
Property Features for 926 Old Turnpike Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 6, Bathroom 1, Bedroom 2
- Parking
- 14
- Fireplace
- 1
- Standard status
- Pending
- APN
- M:4060 B:0000 L:00760,3677219
- Size
- 5,446 SF
- Lot size
- 6.98 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6917
Building Details
- Year built
- 1972
- Floors in Building
- 6
- Number of units
- 3
Listing agency
RE/MAX Vision
(508) 595-9900
Listed by
Jeff Burk · License #453001487
(508) 595-9900
Added: Mar 9 Updated: Jul 16 at 2:12PM Checked: Jul 21 at 5:06PM
MLS# 73484212
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 property is a compound made up of three buildings with a total land area of 6.98 acres. The main 2,368-square-foot Cape-style home includes three bedrooms and two full baths, with a heated breezeway into a sun room. It also features a partially finished basement with updated heating and an office, plus a heated two-car garage and an in-ground pool.
An additional 1,638-square-foot commercial office building contains two floors of rentable space, with a kitchenette and a half bath on each floor and expansion possibilities.
The third building is a 1,440-square-foot single-family home configured with an open floor plan, four rooms, two bedrooms, and one bath, also with expansion possibilities. The property is described as well maintained with one family ownership.
An additional 1,638-square-foot commercial office building contains two floors of rentable space, with a kitchenette and a half bath on each floor and expansion possibilities.
The third building is a 1,440-square-foot single-family home configured with an open floor plan, four rooms, two bedrooms, and one bath, also with expansion possibilities. The property is described as well maintained with one family ownership.
Key Highlights
- Compound on 7 acres with 3 buildings: 2368 SF Cape‑style home, 1638 SF commercial office building, and a 1440 SF single‑family home
- 2368 SF Cape‑style home (3 bedrooms, 2 full baths) with heated breezeway and sun room overlooking landscaped yard
- Private 24x42 in‑ground pool plus updated in‑ground pool features
Local Financial Insights For Multifamily LT 5
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 | $107.8k | $19.80 |
| − Vacancy | −$2.7k | −$0.49 |
| EGI | $105.2k | $19.31 |
| − OpEx | −$31.6k | −$5.79 |
| NOI | $73.6k | $13.52 |
5,446 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,253 @ 7.0% cap · market cap 10.04%
Second Best
Multifamily LT 5
$1.05M
$920.2K – $1.23M
NOI $73,617 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,181 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bruce Coffin CPA, ...
Accounting Firm
FAQs
What type of property is this?
Triplex - Compound includes a Cape-style residence, a commercial two-story office building, and an additional single-family home.
Where is this triplex located?
The property is located at 926 Old Turnpike Road Oakham, MA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Compound on 7 acres with 3 buildings: 2368 SF Cape‑style home, 1638 SF commercial office building, and a 1440 SF single‑family home; 2368 SF Cape‑style home (3 bedrooms, 2 full baths) with heated breezeway and sun room overlooking landscaped yard; Private 24x42 in‑ground pool plus updated in‑ground pool features
