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31-37 Leicester St 7 Unit Apartment Building $1,520,750 CAD ($217,250 CAD/Unit) North Oxford, MA 01537

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INVESTMENT HIGHLIGHTS

  • Route 56 between Routes 12 and Route 20. High Visibility area.
  • Great commuting location.
  • Below market rents. Great potential for income. All tenants but one are T.A.W.
  • Cash flow increase!

EXECUTIVE SUMMARY

Exceptional visibility and easy access to Route 20 and Route 12 make this a rare opportunity in a high-traffic corridor. This mixed-use property offers seven total units, including two single-family residences, a commercial storefront, and a four-unit residential building. The residential mix includes four one-bedroom apartments totaling 2,860 SF, a two-bedroom home with garage bays at 1,165 SF, and a charming 400 SF studio home. The 1,654 SF commercial space is occupied by a long-term tenant, providing stability. With plenty of off-street parking, .61 acres of land, and strong rental income potential, this property is ideal for investors seeking both cash flow and appreciation in a strategic commuter location. Coin op laundry in the four-unit building. Apt 1 $1400, Apt 2 $1525, Apt 3 $1250, Apt 4 $1475, Stone house $500, Store: $2000, Single Family w/garage $2000.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $168,389 $29.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $168,389 $29.65
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $168,389
Annual Per SF $29.65
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $168,389
Annual Per SF $29.65
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,520,750 CAD
Price Per Unit $217,250 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.62 AC
Building Size 5,679 SF
Average Occupancy 100%
No. Stories 2
Year Built 1970
Parking Ratio 13/1,000 SF
Zoning C

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Porch

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OXFO-000008A-000000-C000008
Land Assessment
$117,366 CAD
Improvements Assessment
$775,936 CAD
Total Assessment
$893,302 CAD
  • Listing ID: 38115878

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 31-37 Leicester St, North Oxford, MA 01537

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