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.
Princeton is located in Massachusetts. Princeton, Massachusetts has a population of 3,502. Princeton is less family-centric than the surrounding county with 28.2% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Princeton, Massachusetts is $148,438. 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 Princeton is 49.1 years.
The average high temperature in July is 79.1 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 48.3 inches per year, with 71 inches of snow per year.
