12 Units in South Easton MA, 553 Turnpike St Easton, MA for sale

Investment Overview

The apartments at 553 Turnpike Street, Easton, MA is comprised of 12 units (11- two bedrooms and 1- one bedroom in a 2.5 story building built in 1975 per public record. Situated on a 2.75-acre site, there is plenty of off-street parking spaces and on-site laundry. Units are spacious with electric baseboard heat paid by tenant and gas hot water provided by owner. Owner has made recent capital improvements to the property. The offering presents investors with the opportunity to acquire a well-located multifamily property in a strong rental market with upside on future rent growth.

Investment Highlights

• 12-Unit Multifamily Property: Includes 11 two-bedroom and 1 one-bedroom units.
• 2.75-Acre Site: Offers ample land area and plenty of off-street parking.
• Built in 1975: 2.5-story building, according to public records.
• Spacious Apartments: Functional layouts with a predominantly two-bedroom unit mix.
• Tenant-Paid Heat: Electric baseboard heating paid by tenants.
• Owner-Paid Hot Water: Gas-fired hot water provided by the owner.
• On-Site Laundry: Provides convenience for residents.
• Recent Capital Improvements: Owner has completed recent improvements to the property.
• South Easton Location: Convenient access to Route 24 and surrounding South Shore employment centers.
• Potential Rent Growth: Opportunity for future rental upside within an established residential market.