Groton, MA21 Adams Avenue
Price$1,800,000
Est. Mortgage: $/month
MLS Number 72982822
- Multi-Family 5+ Family - 5+ Units Up/Down
- Total Parking Spaces 12
- Year Built 1961
- Bathroom 1
- Full Bath 1
A truly rare investment opportunity in downtown Groton. 12 unit multi-family property in fantastic condition located in quiet neighborhood with an easy walk to town center. Newer roof, town water/town sewer, brick and vinyl siding. Plenty of off street parking for the tenants plus guest parking. Update the units for an even stronger cap rate or leave the units as they are and enjoy the high returns of Groton rental rates. All units have long term tenants are rented WELL below the market rate. All 12 units have 3 rooms - kitchen/dining space, living room, one separate bedroom, and full bath. This prime location offers walkability to library, park, rail trail, restaurants, coffee shops, conservation trails, you name it! All tenants are TAW w/30 day notice. Please review all attachments. This easy to maintain investment property is not to be missed! Group Showings - Thursday 5/19 12 PM - 1 PM, Sat 5/21 10:30 AM - 12 PM, Tue 5/24 5 PM - 7 PM. Seller will begin reviewing offers Wed 5/25
Listed by Ryan Kiley and Rachel Kiley of Compass