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293 School St 68 Unit Apartment Building $3,513,212 CAD ($51,665 CAD/Unit) 6.77% Cap Rate Stoughton, MA 02072

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EXECUTIVE SUMMARY

Two separate buildings make up 289-293 School Street. 289 School School consists of a two units (2 BR/1BA and 1BR/1BA) and 293 School Street consists of six units (2BR,1 BA). All units are separately metered with the tenants responsible for their own utilities (electricity and gas heat), while the Landlord is responsible for common area electric and water and sewer. In-place rents are strong and the opportunity exists to acquire a great multifamily asset with strong rental histories in a prime South Shore location. The Property benefits from it's location walking distance to Stoughton center and the Commuter Rail train station, it is close to Route 24 and 138 and a short ride to many surrounding retail complexes in Randolph, Avon and Brockton. Owner also selling another six unit multifamily in Stoughton that could be purchased together; inquire for more details.

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,513,212 CAD
Price Per Unit $51,665 CAD
Sale Type Investment
Cap Rate 6.77%
No. Units 68
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 6,411 SF
Average Occupancy 100%
No. Stories 3
Year Built 1945
Zoning RU, Stoughton

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 $3,031 CAD 800
1+1 1 $3,444 CAD 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
STOU-000042-000132
Land Assessment
$290,012 CAD (2025)
Improvements Assessment
$1,424,160 CAD (2025)
Total Assessment
$1,714,172 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 38831741

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 293 School St, Stoughton, MA 02072

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