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$ 1,300,000
Est. payment | /mo
16 Beds
6 Baths
5,376 SqFt
$ 1,300,000
Est. payment | /mo
16 Beds
6 Baths
5,376 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $241
MLS Listing ID 73532156
Bedrooms 16
Full Baths 6
Year Built 1899
Annual Tax Amount $10,562
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5+ Family - Rooming House
Property Description
Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 9.61% cap rate at the $1,300,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.
Location
State MA
County Plymouth
Zoning C2
Direction USE GPS
Exterior
Total Parking Spaces 4
Garage No
Building
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Coldwell Banker Realty - Waltham
Nearby Locations
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449