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Property Description

This well-maintained 6-unit property at 29 Charlton St in Oxford, MA features a mix of three spacious 2BR two-story units and three 1BR first floor units totaling 3,972 SF of living area on a 1.17-acre parcel. The property features ample on-site parking, a coin-op laundry facility, and a roof that is less than 5 years old. Additionally, all units are separately metered for heat, hot water, and electricity which the tenants pay directly. In place rents are currently below market rates for comparable units allowing the buyer the potential to raise rents and increase current revenue. 4/6 units are currently on TAW allowing the buyer to do this day one. 29 Charlton is well positioned in the town of Oxford where more than 13,300 people live within 3 miles of the property with an average household income of $133,700. Listed at an 8.27% cap rate.

Overview

Property Status
Sold
Lot Size
1.17 Acres
MLS ID
73478985
Property Type
Multi-Family
Year Built
1833

Features & Amenities

Total Area
3,972 Sq.Ft.
Stories
8
Water Source
Public
Parking
Paved Drive, Off Street
Sewer
Private Sewer
Substructure
Stone
Sales Price
$930,000
Real Estate Tax
$7,704/yr
Zoning
R3

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29 Charlton St

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for your interest in 29 Charlton St, Oxford, MA 01540

29 Charlton St
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29 Charlton St

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    License #9517739B

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