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    Property profile & analytics
    OFF-MARKET Estimated value $565,000
    Investment properties

    190 Ctr St, Middleboro, MA 02346-2275

    5,759 SF 0.22 ac lot Built 1890
    Individually Owned 5-yr Hold
    Property ID
    US38-1482410
    Property summary
    AI-generated overview

    This exceptional mixed-use property in downtown Middleborough, MA, presents a compelling investment opportunity. Located at 190 Center St, 02346, this three-unit apartment building sits on a 0.22-acre lot and boasts a 6.00% cap rate. The property is zoned B and features a three-story building with 100% occupancy. The first floor comprises a stunning two-bedroom owner's unit complete with hardwood floors, in-unit laundry, spacious bedrooms, and abundant natural light. The second floor offers five rooms, a kitchen, and a full bathroom, presenting significant potential for expansion into a townhouse-style unit within the unfinished third floor. An attached concrete block garage building provides an ideal space for a business, capitalizing on the thriving and walkable downtown area. This multi-faceted property is ideally suited for owner-occupants, investors, and business owners alike. Its prime location, steps from local amenities and 1.6 miles from the Middleborough/Lakeville MBTA Train Station, ensures strong rental demand and future appreciation. The asking price is $699,000, with a price per unit of $233,000. This is a Class C property offering a significant value-add opportunity for the discerning investor.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1890
    Construction FRAME
    Total area 5,759 SF
    Lot 0.22 ac (9,583 SF)
    APN MIDD M:0050P L:6115 U:0000
    UPID US38-1482410
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $518k
    Blend (final) Blend
    $565k
    Owner & transaction history
    Timothy M Duphily · 5 yrs held
    Timothy M Duphily
    since 2020
    Last sale
    $670,000
    2 recorded transactions
    2020
    $375,000
    1988
    $128,900
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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