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

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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

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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