Great investment opportunity with this hard-to-find six-unit residential property nestled in the heart of Medway. Each unit sits vacant, presenting the new owner with an opportunity to unlock its full potential and attain market-level rents. Cosmetic enhancements to select units promise a swift turnaround and immediate income generation. With separate utilities for each unit, along with four units equipped with natural gas heating and hot water and one unit featuring a recently installed heat pump. Some replacement windows, town water and sewer. Situated on a generous-sized lot with a detached two-car garage with a separate electric meter and ample off-street parking to service the tenants, The property is being sold "As is," but will be well worth the effort once the cash rolls in.
Sold for $1,150,000 on 03/26/24
$1,150,000
192 Main St, Medway, MA 02053
12beds
7,061sqft
5-9 Family
Built in 1825
-- sqft lot
$-- Zestimate®
$163/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 26, 2024 at 08:53am
Listed by:
David Restic,
Property Services Network
Bought with:
Sam Takla
Coldwell Banker Realty - Framingham
Source: MLS PIN,MLS#: 73197872
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air, Heat Pump
Features
- Living Room, Kitchen, Laundry Room, Family Room, Dining Room
- Flooring: Wood, Tile, Vinyl, Carpet
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 7,061
- Total interior livable area: 7,061 sqft
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 0.97 Acres
- Features: Corner Lot
Details
- Parcel number: M:47 B:070,3163489
- Zoning: ARII
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1825
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & neighborhood
Community
- Community features: Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area
Location
- Region: Medway
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Road surface type: Paved