About this home

Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA - leased $1,300/mo, (2) 2BR/1BA - leased $1,700/mo, (3) 1BA - leased $1,400/mo, (4) 3BR/1BA - vacant, $2,000/mo market rent, (5) 1BA - leased $1,250/mo. The vacant unit offers immediate upside - move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200-$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.

Facts and features

Schools

• Wachusett Regional High School

  high · 9-12 · 8.5 mi

  7

• Thomas Prince School

  elementary · K-8 · 2.1 mi

  7

• Chocksett Middle School

  elementary · 5-8 · 5.1 mi

  7

• Houghton Elementary School

  elementary · K-4 · 5.2 mi

  6

• Central Tree Middle School

  middle · 6-8 · 9.3 mi

  6

Price history

• Jul 24, 2026 · Listed$835,000

Tax history

• 2026$7,669 tax · $570,600 assessed
• 2025$8,212 tax · $565,200 assessed
• 2024$8,025 tax · $572,000 assessed
• 2023$6,239 tax · $412,100 assessed
• 2022$5,949 tax · $379,400 assessed
• 2021$6,116 tax · $379,400 assessed
• 2020$6,013 tax · $379,400 assessed
• 2019$5,756 tax · $359,300 assessed

Where it is