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Property profile & analytics
OFF-MARKET
Commercial real estate

1167 Huntington Rd Russell, MA 01071

2,266 SF 0.48 ac lot Built 1830
Property ID
US38-0390383
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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