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65 French King Hwy
Erving, MA 01344

$6,000,000

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Listing Details

  • $6,000,000
  • MLS# 73459676
  • Type Commercial - Investment
  • Status Active
  • 6.345 acres
    Lot Size
  • 1954
    Year Built

Listed By

Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Raquel Medina

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Weatherheads Apartments is a well-maintained 30-unit, 3-building investment property on 2.733 acres along Route 2. The property features 8 one-bedrooms, 18 two-bedrooms, 2 studios, and two 4-bedroom units, plus plenty of parking, two coin-op laundry rooms, and an in-ground pool (currently not in use). With a solid rental history, an 8.21% cap rate, and clear upside for continued rent growth, this is a strong long-term hold in an accessible, commuter-friendly location. Additional details available upon request. Part of a 76-unit portfolio.

Features

  • $24,023 Taxes
  • Built in 1954

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