You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

Turnpike Rd Southborough, MA 01745

Built 1910
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity in Southborough, MA, presents two buildings situated on a corner lot at the intersection of Prospect Street and Turnpike Road. The property enjoys a highly visible location on the westbound side of Turnpike Road, offering convenient access to both Boston and Worcester. The main building, 63-65 Turnpike, is a two-story brick structure constructed in 1950. It features commercial space and a half-bath on the ground floor, providing potential for various business ventures. The upper level comprises two two-bedroom apartments, each offering comfortable living spaces. The second building, 61 Turnpike, is a wood-frame structure dating back to 1910. This building also contains two two-bedroom, one-bathroom apartments, one on each floor. The first-floor apartment in this building is currently vacant, presenting an immediate opportunity to increase rental income. The combined property offers significant potential for rental income generation and appreciation. The strategic location and diverse unit mix make this a compelling investment for discerning buyers seeking a multi-family property with strong potential for long-term growth. The asking price for this unique property is $2,500,000. The lot size is not specified.

Property profile
Verified
Property type Commercial real estate
Year built 1910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Turnpike Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message