For Sale: 3692 Highway 144, Chelmsford

Money-making 10-plex on Highway 144 in Chelmsford. Mix of 5 x 2BR Units, 3 x 3BR Units, and 2 x 1BR Units. Opportunity for increased NOI with some long-term tenants in place. Based on current rent-roll, this property shows an 8.8% CAP Rate. Base finishings are generally laminate wood flooring throughout. Many recent upgrades, most units are in good condition and could use some cosmetic upgrades as new tenants transition in. Separately metered for hydro. Great value at less than $46k per door!

Listing ID: MLS#2053332
Asking Price: $459,000
Zoning: C2
January 25, 2018


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