$1,699,000 ($424.75 per sqft)

Est. Mortgage $8,259/mo *

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6 Mayhew, Hopkinton, MA, 01748

6 Mayhew, Hopkinton, MA, 01748
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16 rooms

6 beds

5 Full baths

1900

4,000 sqft

EXTREMELY RARE opportunity to acquire a boutique 5-unit multifamily investment property in Hopkinton - currently THE ONLY multifamily asset available for sale in town! VALUE-ADD opportunity featuring IMMEDIATE RENTAL UPSIDE through BELOW-MARKET RENTS, stable in-place income, historical collections, and recent improvements. Unit mix includes 3 one-bed/one-bath units, 1 one bedroom+den/one-bath unit, and 1 two-bed/one-bath unit. Over $250K in recent improvements. Renovated units feature NEW LVP flooring, UPDATED kitchens & baths, NEW appliances, fresh paint, common laundry, assigned off-street parking, and NEWLY painted exterior. 100% occupied. Walkable to downtown Hopkinton amenities with convenient commuter access. Rare offering in a tightly held MetroWest market with limited multifamily inventory, scarce 1-bedroom rental supply, and location within a TOP-RANKED SCHOOL DISTRICT and Greater Boston’s premier suburban markets, with barriers to entry for multifamily product.

Status:

Active

Type:

Multi-family

Units:

5

Zoning:

RA

Heating:

Forced Air, Natural Gas

Cooling:

Window Unit(s)

Basement:

Partial, Dirt Floor, Unfinished

Levels:

5

Parking:

8-car, Paved Drive, Off Street, Assigned, Paved

Acreage:

0.16

Est. Taxes:

$12,560

Assessment

$871,800

Construction

Frame

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School, T-Station

Appliances:

Range, Dishwasher, Refrigerator, Microwave

MLS #:

73526355

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Ryan Mastroianni, REC Partners Realty 508-435-4031