2-24 D St Northbridge, MA features twelve (12) 4 bed-1 bath direct-entry townhouses comprised of two six-unit buildings with a large shared parking lot. All units are separately metered for heat, hot water, and electric which the tenants pay directly. There is no common area electric expense as all units have separate basements. Seven (7) of the twelve (12) units have been recently renovated and are vacant allowing the buyer flexibility to select their own tenants and immediately achieve top of market rents. Additionally, in place rents for the remaining units are below market and on tenant at will agreements allowing the buyer the opportunity to improve these units and achieve market rents. This is a unique opportunity to acquire twelve direct entry townhomes in a supply constrained high income market. More than 19,200 people live within 3 miles of the property with an average household income of $146,802.
Northbridge is located in Massachusetts. Northbridge, Massachusetts has a population of 16,291. Northbridge is more family-centric than the surrounding county with 32.46% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Northbridge, Massachusetts is $97,206. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Northbridge is 41.6 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 48.8 inches per year, with 43.8 inches of snow per year.
