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In-PersonVirtual Tour
$ 6,000,000
Est. payment | /mo
6.34 Acres Lot
$ 6,000,000
Est. payment | /mo
6.34 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73459676
HOA Y/N false
Year Built 1954
Annual Tax Amount $24,023
Tax Year 2025
Lot Size 6.340 Acres
Acres 6.34
Property Description
Weatherheads Apartments is a well-maintained 30-unit, 3-building investment property on 2.733 acres along Route 2. The property features 8 one-bedrooms, 18 two-bedrooms, 2 studios, and two 4-bedroom units, plus plenty of parking, two coin-op laundry rooms, and an in-ground pool (currently not in use). With a solid rental history, an 8.21% cap rate, and clear upside for continued rent growth, this is a strong long-term hold in an accessible, commuter-friendly location. Additional details available upon request. Part of a 76-unit portfolio.
Location
State MA
County Franklin
Zoning CV
Direction GPS friendly Located near the intersection of Kings Highway (Route 2) and Semb Drive.
Exterior
Utilities Available Public Water, Public Sewer, Bottled Gas
Others
Senior Community false
Listed by Lock and Key Realty Inc.
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449