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75 School St - 75 School Street North Brookfield, MA 01535 3 Unit Apartment Building Offered at $395,325 CAD North Brookfield, MA 01535
Investment Highlights
- 3 existing residential units
- Strong potential for increased rental income
- Significant value-add opportunity
Executive Summary
Value-add multifamily investment opportunity located at 75 School Street in North Brookfield, MA. The property currently consists of three residential units with approvals in place for a fourth unit, presenting investors and developers with significant upside potential through renovation and stabilization.
The building will be delivered vacant, offering flexibility for immediate improvements, repositioning, and tenant placement without existing occupancy constraints. Substantial preliminary work has already been completed, creating a strong foundation for contractors or investors looking to accelerate the redevelopment process.
This asset is ideal for investors seeking to expand their multifamily portfolio, generate long-term rental income, or capitalize on the increasing demand for quality housing in the area. Conveniently situated near local amenities, schools, downtown services, and major transportation routes, the property benefits from strong accessibility and neighborhood appeal.
The building will be delivered vacant, offering flexibility for immediate improvements, repositioning, and tenant placement without existing occupancy constraints. Substantial preliminary work has already been completed, creating a strong foundation for contractors or investors looking to accelerate the redevelopment process.
This asset is ideal for investors seeking to expand their multifamily portfolio, generate long-term rental income, or capitalize on the increasing demand for quality housing in the area. Conveniently situated near local amenities, schools, downtown services, and major transportation routes, the property benefits from strong accessibility and neighborhood appeal.
Property Facts
| Price | $395,325 CAD | Lot Size | 0.43 AC |
| Price Per Unit | $131,775 CAD | Building Size | 4,200 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built | 1880 |
| Property Type | Multifamily | Parking Ratio | 1.19/1,000 SF |
| Zoning | 11 | ||
| Price | $395,325 CAD |
| Price Per Unit | $131,775 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.43 AC |
| Building Size | 4,200 SF |
| No. Stories | 2 |
| Year Built | 1880 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | 11 |
Amenities
Unit Amenities
- Disposal
- Basement
- Deck
- Large Bedrooms
Site Amenities
- Walking/Biking Trails
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 3 | - | 4,200 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | NBFD-000107-000005-000750 | Improvements Assessment | $119,868 CAD |
| Land Assessment | $84,878 CAD | Total Assessment | $204,747 CAD |
Property Taxes
Parcel Number
NBFD-000107-000005-000750
Land Assessment
$84,878 CAD
Improvements Assessment
$119,868 CAD
Total Assessment
$204,747 CAD
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75 School St - 75 School Street North Brookfield, MA 01535
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