This versatile multi is ideal for an owner-occupant seeking to offset their mortgage or an investor looking for a high-yield addition to their portfolio. Delivering an impressive 8.4% cap rate at the current list price, this property offers both immediate cash flow and long-term stability. Two units: Unit 1 is the first floor, and is a 2 bed, 1 bath unit with a laundry room. Unit 2 is the second and third floors, 3 bed, 1 bath and also has laundry. (All appliances transfer with the property as unvalued gifts.) Rent on first floor (on a lease until 6/30/26) is $2400. The second unit recently moved out and would rent for $3200. Two furnaces, two water heaters, two electric panels (100 amp each). One water heater new less than 2 yrs ago. Washer/dryer and fridge in Unit 1 new less than 2 yrs ago. Kitchen was completely remodeled prior to unit 2 tenant, 3 yrs ago. No water in basement since gutters added. Turnkey opportunity to acquire a high-performing asset in a strong rental market.
- Heating System:
- Electric, Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Partial, Bulkhead, Dirt Floor, Sump Pump, Interior Entry
- Parking:
- Tandem, Off Street, Paved Drive, Driveway
- Appliances:
- Range, Dishwasher, Refrigerator, Washer, Dryer
- Exterior Unit Features:
- Balcony, Rain Gutters, Balcony/deck
- Flooring:
- Wood, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Interior Features:
- Internet Available - Unknown, Kitchen, Bathroom With Tub & Shower, Pantry, Ceiling Fan(s), Living Room, Laundry Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Grade School:
- Hopkins Elementary
- High School:
- Hopkinton High
- Middle School:
- Hopkinton Middle
- Market Time:
- 4
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $409
- Zoning:
- RA
- No Units:
- 2
- Orig Price:
- $799,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Hopkinton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01748
- Longitude:
- W72° 28' 51.2''
- Latitude:
- N42° 13' 39.1''
Residential Income
17 Church St, Hopkinton, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $799,000
- Bedrooms :
- 5
- Rooms :
- 12
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 1,953 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73470123
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com