1-3 Oak St, Clinton, MA 01510
- $999,995
- 10
- BD
- 5
- BA
- 3,788
- SqFt
- List Price
- $999,995
- Status
- ACTIVE
- MLS#
- 73553963
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Living Area
- 3,788
- Lot Size (Acres)
- 0.17
- Year Built
- 1900
Property Description
Fully Renovated 4-Unit in Clinton – Owner-Occupancy Opportunity with Pro Forma Upside. 1-3 Oak Street is a 4-unit multifamily in Clinton generating $6,225 per month in current rental income, with pro forma rents of $9,150 once fully leased. Three of the four units are occupied by long-term tenants, and the fourth is vacant as of July 1st, available for owner-occupancy or immediate lease-up. All four units have been renovated, including flooring, fresh paint, new appliances, and more. Updates also include new heating systems, a new exterior deck, and new stairs. Tenants pay their own utilities, helping keep operating expenses low and returns attractive. The work is already done, so a buyer steps into a renovated building with room to grow income, whether that's moving into the vacant unit and letting in-place rents help cover the mortgage, or leasing it up to capture the full pro forma. It's a strong fit for an investor looking to add a turnkey, low-maintenance asset to their portfolio. Open House Saturday 7/25 & Sunday 7/26 11am-1pm.
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Additional Information
- Taxes
- $7,188
- Interior Features
- Living Room, Kitchen
- Lot Description
- Sloped
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Candor Investment Group from Listing Office: eXp Realty LLC.
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