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:
- Located in the Town's Historic District., Unit recently renovated. No AC unit installed. Room dimensions are rounded., Buyer and Buyer's Agent to verify all information and perform their own due diligence.
- 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:
- 25
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $399
- Zoning:
- RA
- No Units:
- 2
- Orig Price:
- $799,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- 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