Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don’t miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
- Basement:
- Full, Unfinished
- Parking:
- Off Street
- Construction:
- Frame, See Remarks
- Sewer:
- Private Sewer
- Water:
- Private
- Disclosure:
- HOA 135 a month- Water, master ins, Snow Removal
- Electric Feature:
- Circuit Breakers, Other (see Remarks), 100 Amp Service
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 5
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $148
- Zoning:
- RA
- No Units:
- 5
- Orig Price:
- $835,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Princeton
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01541
- Longitude:
- W72° 9' 45.6''
- Latitude:
- N42° 28' 23.4''
Residential Income
66 Main St, Princeton, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $835,000
- Bedrooms :
- 10
- Rooms :
- 10
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 5,654 Sqft
- Year Built :
- 1860
- Lot Area :
- 0.96 Acre
- Listing ID :
- 73554796
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
