1167 Huntington Rd Russell, MA 01071
- Commercial real estate
- 2,266 SF
- 0.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1167 Huntington Rd
- Year built
- 1830
- Lot size
- 0.48 lot acres
- Property size
- 2,266 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six-story, three-unit apartment building located at 1167 Huntington Road, Russell, MA 01071. Boasting 2,266 square feet on a 0.48-acre lot, this property offers significant potential for growth. Built in 1830, the building features six stories and includes six parking spaces, with one space located in a garage. The property is zoned RES. Currently, one of the two main apartment units is rented for $700 per month, while another is vacant. A third unit, located above the garage, has a tenant currently undergoing eviction. The building comprises a total of nine rooms. Serious investors should note that 24-hour notice is required for access. All offers must be submitted by November 6th, 2024. This property presents a unique chance to acquire a multifamily building in a desirable location at an attractive asking price of $165,000. The current rental income, combined with the potential for increased occupancy and rental rates, makes this a compelling investment prospect. Don't miss this chance to add a valuable asset to your portfolio.
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
- Russell
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.8633635
- Latitude
- 42.1578479