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EXTREMELY RARE opportunity to acquire a boutique 5-unit multifamily investment property in Hopkinton - currently THE ONLY multifamily asset available for sale in town! VALUE-ADD opportunity featuring IMMEDIATE RENTAL UPSIDE through BELOW-MARKET RENTS, stable in-place income, historical collections, and recent improvements. Unit mix includes 3 one-bed/one-bath units, 1 one bedroom+den/one-bath unit, and 1 two-bed/one-bath unit. Over $250K in recent improvements. Renovated units feature NEW LVP flooring, UPDATED kitchens & baths, NEW appliances, fresh paint, common laundry, assigned off-street parking, and NEWLY painted exterior. 100% occupied. Walkable to downtown Hopkinton amenities with convenient commuter access. Rare offering in a tightly held MetroWest market with limited multifamily inventory, scarce 1-bedroom rental supply, and location within a TOP-RANKED SCHOOL DISTRICT and Greater Boston's premier suburban markets, with barriers to entry for multifamily product.
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Listing provided by Ryan Mastroianni, REC Partners Realty
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