Multifamily

Princeton, MA Multifamily Properties for Sale

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Five-Unit Multifamily Investment
Updated: Jul 25
Five-Unit Multifamily Investment

66 Main St, Princeton, MA 01541

$835,000
5‑unit multifamily in Princeton; 4 of 5 units are currently occupied with in‑place gross annual rent of $67,800 ($5,650/month).
Unit mix and rents: 1BR leased $1,300/mo; 2BR/1BA leased $1,700/mo; 1BR leased $1,400/mo; 3BR/1BA vacant at $2,000/mo; 1BR leased $1,250/mo.
5,654 SF building with 9 bedrooms and 5 bathrooms total; 1860 year built.
Vacant unit provides potential upside—market rent listed at $2,000/mo, for total potential gross rent of $91,800/year.
Oil heat with landlord‑paid heating (per provided remarks).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled 14-Bedroom Multifamily Property
Remodeled 14-Bedroom Multifamily Property

86-88 Cottage St, Leominster, MA 01453

$1,200,000
6,171 sqft

Three-story residential income property with remodeled living areas, updated kitchen appliances, laundry space, porches, and on-site parking.

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Two-Unit Duplex with Walk-Up Attic
Two-Unit Duplex with Walk-Up Attic

155 Pond Street, Leominster, MA 01453

$574,900
1,716 sqft

Duplex offers two bedrooms per unit, separate utilities, and a walk-up attic with room to expand.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

206 Union Street, Leominster, MA 01453

$610,000
1,935 sqft

One unit is vacant, while the other is tenant-occupied and generating rental income.

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Four-Bedroom Duplex with In-Law Suite
Four-Bedroom Duplex with In-Law Suite

101 Long Hill Dr, Leominster, MA 01453

$544,900
1,806 sqft 0.38 AC lot

Separate-entry apartment and fenced outdoor areas support flexible residential use.

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Princeton, MA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Princeton, MA on our real estate platform.

Sale prices for multifamily properties in Princeton, MA average $835,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 3,500
Population Growth (5Y) +1.7%
Median Household Income $150,577
College Educated 88.7%

High-Yield Neighborhoods for Investment

Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01541 $787.5K

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $56.82 per SF
Tax Rate vs County Average 0.50 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

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