6 Mayhew, Hopkinton, MA 01748
- $1,699,000
- 6
- BD
- 5
- BA
- 4,000
- SqFt
- List Price
- $1,699,000
- Status
- ACTIVE
- MLS#
- 73526355
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,000
- Lot Size (Acres)
- 0.16
- Year Built
- 1900
Property Description
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.
/u.realgeeks.media/heislerandmattson/finalVsolid.png)
Additional Information
- Taxes
- $12,560
- Interior Features
- Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Remodeled, Kitchen, Living RM/Dining RM Combo, Office/Den
- Parking Description
- Paved Drive, Off Street, Assigned, Paved
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Ryan Mastroianni from Listing Office: REC Partners Realty.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.