Main St Hardwick, MA 01031
- Apartment buildings
- 5,256 SF
- 0.36 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 0 Main St
- Year built
- 1912
- Lot size
- 0.36 lot acres
- Property size
- 5,256 SF
- Property type
- Apartment buildings
Description
This exceptional three-story apartment building, situated on a 0.36-acre lot at Main St, Hardwick, MA 01031, presents a compelling investment opportunity. Built in 1912 and extensively renovated in 2019, the property boasts 5,256 square feet and comprises four units, each commanding a price of $200,000. The building currently generates a substantial monthly rental income of $7,500, thanks to four long-term tenants. The property is zoned GV and offers twelve bedrooms and four and a half bathrooms. The asking price for this multifamily property is $800,000, translating to a price per square foot of $152.21. Its prime location in Worcester County, Massachusetts, provides excellent access to local amenities and transportation. The potential for conversion into individual condo units adds further value and investment potential. This property represents a rare chance to acquire a well-maintained, income-generating asset in a desirable location. The extensive 2019 renovations ensure the building is in excellent condition and ready for immediate occupancy. This is an ideal investment for those seeking a strong return on investment in the Massachusetts real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hardwick
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.2245
- Latitude
- 42.345
