926 Old Turnpike Rd Oakham, MA 01068

Property Details for 926 Old Turnpike Rd

Lot size

6.98 lot acres

Property type

Investment properties

Property subtype

Live-work space

APN

OAKH M:4060 B:0000 L:00760

APU

OAKHM4060B0000L00760

Description

This exceptional commercial compound in Oakham, MA, presents a unique investment opportunity spanning 7 acres. The property comprises three distinct buildings, offering diverse income streams and significant expansion potential. The main structure is a charming 2368 square foot Cape-style home, featuring three bedrooms, two full bathrooms, and a heated breezeway leading to a sunroom overlooking a beautifully landscaped yard. A private, 24x42 foot, updated in-ground pool adds to the property's appeal. The partially finished basement includes updated heating and a dedicated office space. A heated two-car garage completes this residential component. The second building is a 1638 square foot commercial office building, offering two floors of rentable space, each equipped with a kitchenette and a half-bath. This building presents excellent opportunities for expansion. Finally, a third building, a 1440 square foot single-family home, offers four rooms, two bedrooms, and one bathroom in an open floor plan, also with expansion possibilities. The entire property has been meticulously maintained under single-family ownership. This property is ideally suited for a 1031 exchange or as a multi-family investment, offering a blend of residential comfort and commercial viability in a desirable country setting. The property's size and diverse structures provide ample room for future development and growth. Priced at $1,200,000.

Location Insight

City

Oakham

County

Worcester

State

Massachusetts

Longitude

-72.0586

Latitude

42.37

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments