17 Church St, Hopkinton, MA, 01748
12 rooms
5 beds
2 Full baths
1900
1,953 sqft
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.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
2
Zoning:
RA
Heating:
Natural Gas, Electric
Cooling:
Window Unit(s)
Energy Features:
Thermostat
Basement:
Partial, Interior Entry, Bulkhead, Sump Pump, Dirt Floor
Levels:
3
Parking:
4-car, Paved Drive, Off Street, Tandem, Driveway
Acreage:
0.1
Est. Taxes:
$9,370
Assessment
$660,800
Utilities
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Lot Description:
Cleared, Level
Amenities:
Sidewalks
Elementary School:
Hopkins Elementary
Middle School:
Hopkinton Middle
High School:
Hopkinton High
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
MLS #:
73470123
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of James Taylor, Town Square Real Estate 508-736-2392