5 Highland Avenue, Plainville, MA 02762
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$1,249,900
3 Unit
7 Beds
6 Baths
3313 SQFT
0.28 Acre

Property Description

Don't miss this rare opportunity to own an exceptional three-family property in the heart of Plainville! This unique property features a two family home and a separate townhouse, offering a combined 3,313 square feet of well-maintained living space.The property will be delivered with Unit A vacant, making it an ideal opportunity for an owner-occupant or an investor looking to place their own tenant. All three units have an excellent rental history, making this a true turnkey investment. Unit A features the original home with 3 bedrooms, 1.5 bathrooms, a spacious kitchen with pantry, and a large open family room and dining area, completely remodeled. Unit B is a beautifully constructed townhouse, just two years old, offering 1,552 square feet of living space with 2 bedrooms and 2.5 bathrooms. Unit C, also just two years old, includes 2 bedrooms and 1.5 bathrooms with a thoughtfully designed layout. Each unit offers dedicated parking, a private outdoor space, and in-unit washer and dryer hookups, providing convenience and privacy for every resident.Whether you're an owner-occupant, investor, or completing a 1031 exchange, this impeccably maintained property presents an outstanding opportunity.Beyond the home itself, you'll enjoy everything the Town of Plainville has to offer, including the exciting revitalization of its downtown district, highlighted by the renowned Unlikely Story bookstore, local restaurants, shops, and community amenities.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Total Fireplaces: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Shopping, Stables, Walk/Jog Trails
  • Basement Features: Bulkhead, Partial, Unfinished Basement
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 77040
  • Gross Expenses: 3756
  • GSE: 1406
  • Electric Expenses: 1570
  • Water/Sewer: 780
  • Net Operating Income: 77040

Utilities

  • Heat Zones: 3
  • Cooling Zones: 2
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1950
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73560433
  • Last Updated: 08/07/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/06/2026New$1,249,900$377MLSPIN
04/06/2024Expired$479,000$340MLSPIN
03/19/2024Temporarily Withdrawn$479,000$340MLSPIN
03/14/2024Active$479,000$340MLSPIN
03/10/2024Price Change$479,000$340MLSPIN
03/03/2024Active$485,000$344MLSPIN
02/28/2024Price Change$485,000$344MLSPIN
02/09/2024Active$499,900$355MLSPIN
02/05/2024New$499,900$355MLSPIN
01/02/2024Expired$469,000$333MLSPIN
12/01/2023Active$469,000$333MLSPIN
11/27/2023New$469,000$333MLSPIN
11/26/2023Expired$489,000$347MLSPIN
11/05/2023Active$489,000$347MLSPIN
11/01/2023New$489,000$347MLSPIN
10/26/2023Canceled$499,900$405MLSPIN
10/21/2023Active$499,900$405MLSPIN
10/17/2023Price Change$499,900$405MLSPIN
10/16/2023Active$519,900$421MLSPIN
10/12/2023New$519,900$421MLSPIN

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Seller's Representative: Missy Wagner, Keller Williams Elite
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-07 03:30:00