Denver Street Apartments

  • Title

    Multifamily Property

  • City

    Saugus, MA

  • Price

    $1,275,000

  • Cap Rate

    5.2%

  • Gross Leasable Area

    4,307 SF

  • No. Units

    6

  • Price/SF

    $296.03

  • Price/Unit

    $212,500

  • No. Stories

    3

  • Year Built

    1960

Not found amenities.

Northeast Private Client Group is pleased to present the Denver Street Apartments, a 8 unit multifamily property in Saugus, MA.

The Denver Street Apartments present an investor with the opportunity to purchase a brick building that consists of 2 one bedrooms & 4 two bedroom units. This property is currently fully occupied and has had historically strong occupancy rates throughout its operation. The property has 6 parking spaces, tenant paid electric,located 0.7 miles off

Route 1 with an easy commute to Boston. Saugus lies just inland from Massachusetts Bay and is the at the southern end of Essex County. The Newburyport/Rockport line of the MBTA passes through the southeast corner of town. As of 2010, the population of Saugus was 26,628 with a median household income of $85,301.

All interested parties will have the opportunity to tour the property during scheduled appoints and obtain additional information upon request.

Saugus, Essex County, MA

Denver Street Apartments Offering Memo