Active
3 Days on market
147- 1/2 Oak St Clinton — Photo 1 of 42

147- 1/2 Oak St Clinton — Photo 1 of 42

$850,000

Investment Analysis — 147- 1/2 Oak St

Clinton, MA 01510

Based on rent reported on the MLS listing, a 4-unit multi-family in 01510 carries $6,375/mo in gross rent — about a 5.93% cap rate and $50,377/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

4

SqFt

4,032

Style

4 Family

Built

1902

Fantastic investment or owner-occupied opportunity in a convenient Clinton location! This versatile 4-unit property offers a unique setup with three spacious units in the main building plus a completely separate two-story cottage—ideal for an owner occupant who wants the privacy of a single-family-style home while generating rental income from three additional units.  The property features remodeled units, generous room sizes, coin-operated laundry, private yard space, plenty of on-street parking, tenants pay their own utilities, natural gas heat and three new hot water heaters. Low owner expenses and below market rents with room for improvement add to the investment appeal. Centrally located with convenient access to Routes 2, 190, 290 and 495, making this an excellent location for commuters. Just seconds from downtown Clinton with easy access to local restaurants, shops, everyday conveniences and area amenities.  Unit 1 offers an open-concept floor plan with two bedrooms plus an office. Units 2 and 3 each feature two bedrooms, a living room and spacious eat-in kitchen.  The separate cottage offers the feel and privacy of its own home, featuring an eat-in kitchen, living room and full bath on the main level, with two generously sized bedrooms upstairs and a full basement for additional storage.  A great opportunity to add a solid multi-family property to your investment portfolio or live on-site while rental income from the additional units helps offset your housing expenses. Four units, a separate cottage, updated interiors, town water/sewer and a commuter-friendly location make this one worth a closer look!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$850,000
Annual Taxes$7,763

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
FireplacesNone
FlooringVaries
BasementFull

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar, Other
ZoningR1

Property & Lot

Acres0.12
SqFt Lot5,255
Lot FeaturesEasements

Amenities & Appliances

Washer • Dryer • Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Medical Facility • Conservation Area • Highway Access • Sidewalks

Geography

Listing Provided By

Listing Agent: Trish Marchetti

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73582002