112 School Street, Clinton, MA 01510 For Sale

EXISTING CASH FLOW & UPSIDE

The property is fully occupied and generates stable in-place cash flow. Additional upside exists through rent increases to market levels, as current rents are below market in “as-is” condition. Further value-add potential can be realized through unit renovations, which may support even higher rental rates.

All units are occupied on a tenant-at-will (TAW) basis. There are no subsidized or income-restricted leases in place.

PLEASE NOTE: THERE IS NO COBROKE FEE OFFERED, BUYER AGENTS MUST BE PAID BY THE BUYER.

CURB APPEAL

112 School Street is an attractive brick building constructed in 1875 and situated on a 5,212 ± SF lot. This free-standing building offers a unique design with window exposure on all four sides, providing natural light and exterior views for the apartments. The apartments have attractive interior wood detail, hard wood floors, and fireplaces on the upper floors.

LARGE APARTMENTS

The apartments are all large with the six (6) upper floor (4-bed / 1-bath) units being 24’ x 52’ in size totaling 1,248 ±SF. The two (2) first floor units (3-bed / 1-bath) are slightly smaller due to the common area entrance.

LONG TERM OWNERSHIP

The property has been maintained and self-managed by the same ownership since 1998. While the building and units have been repaired and updated on an as-needed basis, there remains an opportunity for a new owner to further enhance value through additional interior upgrades.

SEPARATE UTILITIES

All apartments are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The landlord’s utility expenses are limited to water/sewer and common area electricity, contributing to more predictable operating costs.

LOCATION

Clinton is an attractive suburban community located in Central Massachusetts, approximately 15 miles north of Worcester. The town offers convenient access for commuters traveling south to Worcester, east to Boston, or north to Lowell and Southern New Hampshire.

Residents benefit from the close proximity to a variety of shopping, dining, and everyday amenities in downtown Clinton. The town’s downtown district, centered along High Street, is just steps from 112 School Street, offering walkable access to local conveniences.