Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
This home has been viewed 5 times
Last Checked: July 25th, 2026 at 10:18am (Source: MLS PIN #73554796)
Gross Income: $52,800
Gross Expenses: $16,553
Net Income Calc: $36,247
Water Views
Annual Expenses for 66 Main St, Princeton MA 01541
Total Gross Expenses (Calculated)$16,553/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8305
Annual Income & Unit Breakdown for 66 Main St, Princeton MA 01541
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms3
Bathrooms
Rent Includes
General Information for 66 Main St, Princeton MA 01541
Listing ID73554796
Property TypeMulti Family
Price835000 ($147.68/SqFt)
Style5+ Family - 5+ Units Side By Side
CityPrinceton
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5654
Approximate Lot Size (Acres)0.96
Total Parking5
Garage Parking0
Year Built1860
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPrivate
SewerPrivate Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 66 Main St, Princeton MA 01541
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Title 5D
ExclusionsWasher & Dryer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 66 Main St, Princeton MA 01541
Real Estate Taxes8305
Tax Year2025
Assessed Value$565,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 66 Main St, Princeton MA 01541
Neighborhood(s)
Area Amenities
Contact Information for 66 Main St, Princeton MA 01541