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192 Main Street

Medway, MA 02053

12 beds
7 baths
7,061 sqft
~1 acre lot
$162 per sqft
1825 build
– on site

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Great investment opportunity with this hard-to-find six-unit residential property nestled in the heart of Medway. Each unit sits vacant, presenting the new owner with an opportunity to unlock its full potential and attain market-level rents. Cosmetic enhancements to select units promise a swift turnaround and immediate income generation. With separate utilities for each unit, along with four units equipped with natural gas heating and hot water and one unit featuring a recently installed heat pump. Some replacement windows, town water and sewer. Situated on a generous-sized lot with a detached two-car garage with a separate electric meter and ample off-street parking to service the tenants, The property is being sold "As is," but will be well worth the effort once the cash rolls in.

Listing courtesy of MLSPIN / David Restic / Property Services Network

Last checked: Checking… • Last updated Mar 26, 2024 •

MLS# 73197872 —

The Building

Year Built:

1825
Year Built Details:

Unknown/Mixed
Year Built Source:

Public Records
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Stories Total:

7
# of Units Total:

6
Building Area Total:

7061
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

25
Interior Features:

Living Room
Flooring:

Wood
Fireplace:

false

Room Dimensions

Living Area:

7061

Location

Directions:

Main Street is Route 109
Latitude:

42.144676
Longitude:

-71.431381

The Property

Parcel Number:

M:47 B:070,3163489
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.97
Lot Size SqFt:

42210
Lot Size Acres:

0.97
Zoning:

ARII
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Book Number:

24511
Tax Annual Amount:

11011
Tax Assessed Value:

690800

Beds

Bedrooms Total:

12

Baths

Total Baths:

6.5
Total Baths:

7
Full Baths:

6
Half Baths:

1

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Natural Gas
Heating:

true

Utilities

Utilities:

for Gas Range
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Shopping
Spa:

false

Parking

Garage:

true
Garage Spaces:

2
Parking Total:

12
Parking Features:

Paved Drive
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/26/24 Mar 26, 2024	Sold	MLSPIN	$1,150,000	31.4%
2/7/24 Feb 7, 2024	Pending	MLSPIN	$875,000
1/31/24 Jan 31, 2024	Listed / Active	MLSPIN	$875,000

Multifamily Sold on 3/26/2024

$1,150,000

Listing provided by broker:

David Restic

Property Services Network

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Listing Courtesy of: MLSPIN and Property Services Network.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

192 Main Street

Medway, MA 02053