135 Main Street
Multifamily | 34 Units | $220,588/unit
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 135 Main Street in Upton, MA (the “Property”). The multi-story building contains thirty-four (34) total units comprised of twenty-two (22) 1-Bedroom/1-Bathroom units and twelve (12) 2-Bedroom/1-Bathroom units with 22,233 square feet of gross living area and 33,507 square feet of gross area. The Property is situated on a 2.04-acre parcel and offers ample parking with sixty-six (66) spaces available.
135 Main Street is well situated along Upton’s primary commercial corridor, offering excellent visibility and accessibility within the town center. The property benefits from its central position near the intersection of Main Street (Route 140) and Milford Street (Route 16), providing direct connections to surrounding residential neighborhoods and nearby communities including Milford, Grafton, and Hopkinton.
The Property, previously known as The Upton Inn, has undergone significant renovations since its acquisition in August of 2024. This has included renovations of most units including new kitchens and bathrooms with condo quality finishes, updated flooring as well as painting of the units’ interiors. 135 Main Street, which is sprinklered in the building’s common areas, features an elevator and has had significant capital upgrades as well which include a new roof, new vinyl siding, updated common areas as well as re-paving of the entire parking areas. The property also features an onsite laundry room for tenants.
Investment highlights
ACCESS & CONNECTIVITY
135 Main Street benefits from excellent accessibility within Upton and strong regional connectivity across Central Massachusetts. The property is prominently positioned along Main Street (Route 140), the town’s primary north–south corridor, and is just minutes from Route 16, providing direct east– west travel through Milford, Mendon, and Holliston. Interstate 495 is located approximately 5 miles east via Route 140, offering efficient highway access to Worcester, Providence, and the Greater Boston area, as well as connections to Interstates 90 (Massachusetts Turnpike) and 95.
AREA AMENITIES & DEMAND DRIVERS
The town is anchored by independent retailers like Swoon Central and Fin & Feather Sports, with additional convenience shopping just minutes away in Milford. Dining ranges from longstanding favorites such as Red Rock Grill & Bar, Rose Garden Restaurant & Pub, and Maya Mexican Cocina to family staples like Upton House of Pizza and casual treats at JJ’s Ice Cream and Jeff’s Artisan Bakery.
Upton’s outdoor appeal is centered on Upton State Forest, offering extensive hiking, equestrian trails, mountain biking, birdwatching, and picnic spots, alongside local parks, Pratt Pond, and Kiwanis Beach for seasonal recreation. Community life is enriched by year-round recreational programs, including fitness, yoga, and sports leagues organized by the Upton Recreation Department. Special events, craft fairs, and farmers’ markets foster a close knit atmosphere and inviting community feel.
RECENT RENOVATIONS & IMPROVEMENTS
The Property has undergone significant renovations since its acquisition in August 2024. The majority of units have been renovated with state-of-theart kitchens with quartz countertops, new cabinets, and vinyl plank flooring. Units also feature new bathrooms with updated appliances and tile showers. Outside of the individual units, main common areas feature new flooring, updated lighting, and new signage. The exterior of the Property has undergone significant capital improvements with new vinyl siding, a new asphalt shingle roof, and a repaved and re-striped parking lot. These upgrades and renovations make this a first class and highly attractive asset.
UTILITIES
The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water, heat, common electricity, and domestic water and sewer.
OFF-STREET PARKING & AMENITIES
The Property offers ample off-street parking with sixty-six (66) spaces available in a newly paved and re-striped parking lot.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 16,165 people live within 3 miles of the Property with an average household income of $181,866. Over 60,000 people reside within 5 miles of the Property with an average household income of $173,551.
QUALITY OF LIFE AMENITIES
Upton, MA offers a high quality of life, driven by lifestyle trends favoring a familyfriendly environment, active outdoor recreation, and a strong sense of community. The town’s popularity continues to grow among young professionals and families seeking the serenity of spacious lots, excellent public schools (Mendon-Upton Regional School District), and a slower pace without sacrificing easy access to major highways for commutes or trips into Boston and Worcester.
Community events such as Upton Heritage Day at the Town Common and regular craft fairs, farmers markets, chili cook-offs, and vendor fairs keep residents engaged and foster local traditions. Outdoor amenities are robust, with Upton State Forest, Kiwanis Beach, and Pratt Pond offering scenic options for hiking, swimming, fishing, and picnics, while nearby West Hill Dam and Blackstone Valley National Golf Club expand opportunities for nature and recreation close by.
The area’s mix of local business, strong civic engagement, and quick access to MetroWest shopping and dining hubs solidifies its appeal for those prioritizing community, convenience, and the New England outdoors.
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