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22094547
22094556

100 Water St, Stoughton, MA 02072

CC
MA 9​5​2​1​8​0​6, MA 9521806
Hunneman
Listed by Hunneman
$7,900,000
464 days on market
Updated 41 days ago

FOR SALE: $7.9M (firm) STOUGHTON, MA

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 30,000
Units 29
Year Built 1972
Acreage 1.500
Parking Spaces 44 spaces
Parking Per SqFt 1.47
Investment Type Value Add

Brick Multifamily | 29 Units | Value-add

Marketing description

Hunneman is excited to present a prime multifamily investment opportunity at 100 Water Street in Stoughton, MA. This well-maintained 29-unit brick apartment building is situated on a 1.5 ± acre lot in a quiet residential neighborhood. The property boasts solid concrete block and steel construction, with outdoor balconies, tenant-paid heat, and abundant off-street parking.

The building currently operates with a Tenant-at-Will (TAW) rent roll. The below-market rents provide immediate upside potential. With most of the units (26 of 29) featuring updated kitchens and bathrooms, you can increase rental income by bringing all apartments to full market rents.

For Sale: $7,900,000 FIRM. For the right buyer, Seller will consider holding a 1st Mortgage at the terms below:

30% down payment, i/o 5% years 1-2, i/o 6% years 3-5. Prepayment Penalty of 5% throughout the term.

Listing Contacts

CC
MA 9​5​2​1​8​0​6, MA 9521806
Hunneman
Listed by Hunneman

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