Active
177 Days on market
61-65 Turnpike Southborough — Photo 1 of 4

61-65 Turnpike Southborough — Photo 1 of 4

$2,500,000

Investment Analysis — 61-65 Turnpike

Southborough, MA 01745

Based on rent reported on the MLS listing, a 5-unit multi-family in 01745 carries $19,998/mo in gross rent — about a 6.84% cap rate and $170,888/yr in estimated NOI at the $2,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

4.5

SqFt

6,667

Style

5+ Family - 5+ Units Up/Down

Built

1950

Property consists of two buildings. 63-65 features one two story brick face building built in 1950 with commercial space and half bath on the first floor and two 2 bedroom apartments on the second floor. 61 is a wood frame building built in 1910 with a 2 bedroom 1 bath apartment on the first floor and a 2 bedroom 1 bath apartment on the second floor. All units are currently occupied with long term tenants. This property is on the West Bound Side of Turnpike Road on the corner of Prospect St. equidistant to Boston and Worcester.

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 MLS and other third-party data may be inaccurate or out of date.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$2,500,000
Annual Taxes$11,494

Parking

Garage1
Off-Street11

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningMixed use

Property & Lot

Acres0.27
SqFt Lot12,066
Lot FeaturesCorner Lot

Neighborhood

Highway Access

Geography

Property History

Listed
$2,500,000

Mar 19, 2026

MLS® 73488944

Expired
$2,500,000

Oct 29, 2025

MLS® 73361671

Expired
$2,500,000

Oct 29, 2025

MLS® 73340165

Terminated
$2,500,000

May 2, 2025

MLS® 73340162

Listed
$2,500,000

Apr 19, 2025

MLS® 73361671

Listed
$2,500,000

Mar 2, 2025

MLS® 73340165

Listed
$2,500,000

Mar 2, 2025

MLS® 73340162

Expired
$2,500,000

Feb 25, 2025

MLS® 73315622

Expired
$2,500,000

Feb 25, 2025

MLS® 73315623

Listed
$2,500,000

Nov 25, 2024

MLS® 73315622

Listed
$2,500,000

Nov 25, 2024

MLS® 73315623

Expired
$2,500,000

Nov 3, 2024

MLS® 73200483

Expired
$2,500,000

Nov 3, 2024

MLS® 73199223

Listed
$2,500,000

Feb 7, 2024

MLS® 73200483

Listed
$2,500,000

Feb 3, 2024

MLS® 73199223

Listing Provided By

Listing Agent: Gregory Cumings

Listing Office: Prevu Real Estate LLC

MLS® Number: 73488944