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Oak Street Apartments 2-12 Chace 6 Unit Apartment Building $2,265,417 CAD ($377,569 CAD/Unit) 8.59% Cap Rate Clinton, MA 01510
Executive Summary
Yannios Real Estate Investment Sales is pleased to present Oak Street Apartments a 6-unit multi-family building located in Clinton, MA approximately 3 miles to interstate 495 and under hour's drive to Boston. Located in central Massachusetts,12 miles Northeast of Worcester and 32 miles west of Boston, convenient to Route 2, I-495, I-190, I-290. This 6,364 sq. ft. building sits on a 4,818 sq ft. corner lot. Good location, great neighborhood, tenant paid utilities and off-street parking. The units are large and spacious, consist of (2) two-bedroom units & (4) one-bedroom units. Building has been maintained; units have been updated over the years and are good condition. Interested and qualified buyers will be able to view the property and obtain additional information.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$237,251
|
$37.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,745
|
$0.75
|
| Effective Gross Income |
$232,506
|
$36.53
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$37,828
|
$5.94
|
| Net Operating Income |
$194,678
|
$30.59
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $237,251 |
| Annual Per SF | $37.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,745 |
| Annual Per SF | $0.75 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $232,506 |
| Annual Per SF | $36.53 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $37,828 |
| Annual Per SF | $5.94 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $194,678 |
| Annual Per SF | $30.59 |
Property Facts
| Price | $2,265,417 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $377,569 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 8.59% | Building Size | 6,364 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2020 |
| Price | $2,265,417 CAD |
| Price Per Unit | $377,569 CAD |
| Sale Type | Investment |
| Cap Rate | 8.59% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,364 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2020 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $3,432 CAD | 650 |
| 2+1 | 2 | $4,119 CAD | 1,100 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | CLIN-000096-001990 | Improvements Assessment | $658,318 CAD (2025) |
| Land Assessment | $136,689 CAD (2025) | Total Assessment | $795,007 CAD (2025) |
Property Taxes
Parcel Number
CLIN-000096-001990
Land Assessment
$136,689 CAD (2025)
Improvements Assessment
$658,318 CAD (2025)
Total Assessment
$795,007 CAD (2025)
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Oak Street Apartments | 2-12 Chace
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