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Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA - leased $1,300/mo, (2) 2BR/1BA - leased $1,700/mo, (3) 1BA - leased $1,400/mo, (4) 3BR/1BA - vacant, $2,000/mo market rent, (5) 1BA - leased $1,250/mo. The vacant unit offers immediate upside - move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200-$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.

More Info

Basic Information

  • Gross Income $67,800
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 3526743

Tax Information

  • Tax Assessed Value $565,200
  • Tax Year 2025
  • Taxes$8,305

Parking

  • Parking Features Off Street
  • Parking Spaces5

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms10
  • Full Bath5

Basic Information

  • List Price$835,000
  • MLS Number73554796
  • Modification Date07/28/2026
  • Property SubType5+ Family - 5+ Units Side by Side

Location

  • Address66 Main Street
  • Building Number66
  • CountyWorcester
  • StateMA
  • StreetMain Street
  • TownPrinceton
  • Zip01541

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame, See Remarks
  • Door Features Storm Door(s)
  • FoundationStone, Other
  • Levels 2
  • Rooms10
  • Stories2
  • Units5
  • Utilities For Gas Oven
  • Year Built1860
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.96

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers,100 Amp Service, Other (See Remarks)
  • Electric Expense 641
  • Sewer Private Sewer
  • Water Source Private

Property Information

  • Building Area Source Other
  • Living Area 5,654
  • Lot Size Square Feet 41,818
  • Lot Size Units Acres
  • Square Feet5,654

Amenities

  • Green Energy Efficient Other (See Remarks)
  • Other AmenitiesBasement

Legal

  • ZoningRA

Other

  • Date Listed07/24/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jason Saphire of www.HomeZu.com

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