Active
3 Days on market
73 S Main St North Brookfield — Photo 1 of 17

73 S Main St North Brookfield — Photo 1 of 17

$749,000

Investment Analysis — 73 S Main St

North Brookfield, MA 01535

Based on rent reported on the MLS listing, a 4-unit multi-family in 01535 carries $7,200/mo in gross rent — about a 8.11% cap rate and $60,710/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4

SqFt

2,991

Style

4 Family

Built

1890

Rare opportunity to own a beautifully renovated four-family on nearly an acre of land with ample parking and an attractive income profile. Each unit has been thoughtfully updated with modern finishes and the features today’s renters are looking for, helping the property achieve top-tier rents for the area. Washer/dryer hookups add another desirable amenity for tenants.With most major renovations already completed, this property offers a true turnkey investment with minimal immediate capital needs. The generous lot and abundant parking provide added flexibility and value that is increasingly difficult to find in multifamily properties.An especially appealing opportunity for an owner occupant, with the potential to live in one unit while rental income from the others helps offset the mortgage and expenses—all while building equity and taking the first step toward a larger real estate portfolio.Whether you're an experienced investor looking to add a strong-performing asset or an owner occupant looking for a smart way to get started in multifamily ownership, this property delivers the combination of condition, income, land, and long-term potential that makes it a standout opportunity.

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 MLS and other third-party data may be inaccurate or out of date.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$749,000
Annual Taxes$4,954

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms15
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingOil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
Zoning11

Property & Lot

Acres1.24
SqFt Lot54,014
Lot FeaturesCleared

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Sarah Dunlevy

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73574558