293 School St, Stoughton, MA 02072
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$2,550,000
8 Unit
15 Beds
8 Baths
6139 SQFT
0.26 Acre

Property Description

Two separate buildings make up 289-293 School Street. 289 School School consists of a two units (2 BR/1BA and 1BR/1BA) and 293 School Street consists of six units (2BR,1 BA). All units are separately metered with the tenants responsible for their own utilities (electricity and gas heat), while the Landlord is responsible for common area electric and water and sewer. In-place rents are strong and the opportunity exists to acquire a great multifamily asset with strong rental histories in a prime South Shore location. The Property benefits from it's location walking distance to Stoughton center and the Commuter Rail train station, it is close to Route 24 and 138 and a short ride to many surrounding retail complexes in Randolph, Avon and Brockton. Owner also selling another six unit multifamily in Stoughton that could be purchased together; inquire for more details.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 5
  • Total Bedrooms: 15
  • Total Full Baths: 8
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 222300
  • Gross Expenses: 45114
  • Electric Expenses: 280
  • Water/Sewer: 5329
  • INSC: 14585
  • Repairs & Maintenance: 4357
  • Miscellaneous Expense: 4556
  • Net Operating Income: 172740

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Foundation Info: Concrete Block, Fieldstone
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73463164
  • Last Updated: 12/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/23/2025Active$2,550,000$415MLSPIN
12/19/2025New$2,550,000$415MLSPIN

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Seller's Representative: Robert V. Wallace, Wallace Property Company
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 2025-12-23 03:05:00