Investment Analysis — 47 - 49 Middle Street

Whether you’re seeking a multi-family for owner occupancy, landlord rental opportunity, or investment property of any kind, this one has something for all. This 4-unit residential property has been very well maintained both inside and out, along with decades of consistent tenant occupied rental history. Roof, decks, replacement windows, hardwood floor refinishing and interior painting have been tended to over time, making for low maintenance ownership. Each unit varies a bit in style, with each retaining much character and charm. All offer separate utilities, 2-bedrooms, 1-full bath, hardwood flooring and two off-street parking spaces, with tenants paying heat and electricity individually. You'll find two units on the first floor, and two on the second floor. All have direct access to the basement where you’ll find Speed Queen coin-op laundry, separate electric panels, heating and hot water systems (both natural gas fired). Currently, each unit is offered 2 off-street parking spaces in the driveway. Unit 47 (aka unit 1) will be delivered vacant and offers a newly remodeled kitchen and refreshed bath. Unit 49 (aka unit 2) will also be delivered vacant. Units 51 (aka 3) and 53 (aka 4) are currently tenant occupied. The newly installed Monatiquot River Middle Street Loop Trail access is near the top of the driveway, making for a tranquil getaway right next door. Mature trees and plantings throughout the well landscaped yard. You’ll find the MBTA bus line runs on Middle Street, and easy access to several MBTA stations/Red Line and Commuter Rail. Convenient access to all major commuting routes and local shopping. Town water and sewer, East Middle School is nearby. Income/expense report available upon request. Showings by appointment.