Technical
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Property profile

1167 Huntington Rd Russell, MA 01071

OFF-MARKET
Apartment buildings
Property ID
US38-0390383
2,266 SF 0.48 ac lot Built 1830
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1830
Total area 2,266 SF
Lot 0.48 ac (20,909 SF)
UPID US38-0390383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1167 Huntington Rd Russell, MA 01071
Russell metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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