Residential Income

Princeton, MA Residential Income Properties for Sale

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Five-Unit Multifamily Investment
Updated: Jul 25
Five-Unit Multifamily Investment

66 Main St, Princeton, MA 01541

$835,000
5‑unit multifamily in Princeton; 4 of 5 units are currently occupied with in‑place gross annual rent of $67,800 ($5,650/month).
Unit mix and rents: 1BR leased $1,300/mo; 2BR/1BA leased $1,700/mo; 1BR leased $1,400/mo; 3BR/1BA vacant at $2,000/mo; 1BR leased $1,250/mo.
5,654 SF building with 9 bedrooms and 5 bathrooms total; 1860 year built.
Vacant unit provides potential upside—market rent listed at $2,000/mo, for total potential gross rent of $91,800/year.
Oil heat with landlord‑paid heating (per provided remarks).
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Five-Unit Multifamily Property
Updated: Mar 25
Five-Unit Multifamily Property

66 Main St, Princeton, MA 01541

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5‑unit multifamily property totaling approximately 5,785 SF of living space
Unit mix: one 3‑bedroom unit and four 2‑bedroom units
Wood‑frame, clapboard‑sided building constructed circa 1860 (Year Built: 1860)
Located on a 0.96‑acre site in Princeton, MA
Residential setting with access to regional employment and amenities about 16 miles north of Worcester and 8 miles west of Sterling
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income Producing Multi-Family Duplex
Income Producing Multi-Family Duplex

40-46 Cottage St, Leominster, MA 01453

$1,050,000
6,500 sqft

Two buildings on one lot provide multiple rental units with off-street parking and in-unit washer/dryer hookup availability.

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Two-Unit Duplex with Walk-Up Attic
Two-Unit Duplex with Walk-Up Attic

155 Pond St, Leominster, MA 01453

$599,000
1,716 sqft

Duplex offers two bedrooms per unit, separate utilities, and a walk-up attic with room to expand.

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Turnkey Two-Family Home
Turnkey Two-Family Home

19 East Rd, Westminster, MA 01473

$574,900
1,800 sqft

Renovated two-family home with modern kitchens, in-unit laundry, and off-street parking for owner-occupants or investors.

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Two-Building Residential Income Property
Two-Building Residential Income Property

40-44 Cottage St, Leominster, MA 01453

$1,050,000

Property includes a 3-family and 2-family on one lot, with in-unit washer/dryer hookups and off-street parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land in Desirable Leominster Location
Land in Desirable Leominster Location

Elm St lot: 1, Leominster, MA 01453

$180,000
3.01 AC lot

Expansive 3+ acre lot perfect for building your dream home.

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Fitchburg Buildable Lot For Sale
Fitchburg Buildable Lot For Sale

Grand St, Fitchburg, MA 01420

$110,900
0.24 AC lot

Buildable lot for two-family residence in a desirable area.

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Approved Building Lot in Westminster
Approved Building Lot in Westminster

100A W Main St, Westminster, MA 01473

$170,000
1.00 AC lot

Approved lot ready for immediate construction with town utilities.

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Development Land Near Lake Whalom
Development Land Near Lake Whalom

365 Hollis Hill Road, Lunenburg, MA 01462

$1,350,000
34.00 AC lot

34 acres of wooded parcels for single-family residences development.

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Princeton, MA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Princeton, MA on our real estate platform.

Sale prices for residential income properties in Princeton, MA average $835,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

Demographics Overview

Population 3,500
Population Growth (5Y) +1.7%
Median Household Income $150,577
College Educated 88.7%

High-Yield Neighborhoods for Investment

Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01541 $835K

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $56.82 per SF
Tax Rate vs County Average 0.50 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

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