2 Multifamily Properties: Don't Miss This Opportunity!

Description:

Both properties of 34-36 Harrington Ave, Shrewsbury & 89 W Main St, Northborough are for sale $9,250,000. The 2024 Appraised finished value is $12,000,000.

 

34-36 Harrington Ave, Shrewsbury, MA

Attention Investors! This $6.4M investment is a mixed-use multifamily development that features exceptional construction with fourteen (14) fully leased luxurious units and one commercial space. Each unit completed with gourmet kitchens, gleaming hardwood floors, washer and dryer, walk-in closets, and multiple well-appointed bathrooms. Ample parking surrounding the building, a fully equipped exercise room, and a prime ground-level commercial space for added income. This property is a must-see for the serious buyer seeking strong investment returns. It was appraised in January 2024 for $7.5M and rents are below market. The commercial space will be built out at the Tenant’s expense and this separate building could be sold as a condo and/or subdivided.

 

89 W Main St, Northborough, MA

Commercial Office / Retail Space For Lease with Investment
Option available:
- Visibility, easy access and parking at 82 Main St Northborough MA.

- A great location on busy Rte 20 connecting to MA Rte 9 and I-495. Close to I-290 & I-90

- 4,000 rsf available @ $29.50/rsf NNN. Estimated CAM & Taxes are $4.76/rsf.
- Landlord would subdivide the space into 2-3 suites as small as 1330 sq ft
- Base building buildout to your specifications. Tenant Improvements can be amortized in the rent.
- Minimum term five years. Seven or ten preferred.


Investment Option:
Property with seven (7) leased residential units is being offered at $4.5M.....

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