1167 Huntington Rd Russell, MA 01071
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.