192 Main Street, Medway MA 02053
About this home
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.
Property Overview
Sale Statistics
This property sold for 31.4% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Home Facts
Interior
Exterior
Parking
Utilities
Financial
Location
Neighborhood
192 Main Street, Medway MA 02053
Medway, MA 02053
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Mar 26, 2024Listed for Sale
Jan 31, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/26/2024 | ✓ Sold | $1,150,000 | - | - | Property sold |
| 01/31/2024 | 🏠 Listed for Sale | $875,000 | - | - | Original listing |