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William Raveis

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  1. Home
  2. Listings
  3. 66 Main St, Princeton, MA 01541
Active
40 Days on market
66 Main St Princeton — Photo 1 of 17

66 Main St Princeton — Photo 1 of 17

$835,000

66 Main St, Princeton, MA 01541

Princeton, MA 01541

Beds

10

Baths

5

SqFt

5,654

Style

5+ Family - 5+ Units Side by Side

Built

1860

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$148/sqft
Local Avg (Princeton)$254/sqft
42% BelowMarket Average

* Analysis is based on 9 actively listed and recently sold comparable properties strictly within Princeton, MA.

Property Details

Financials

Original Price$835,000
Annual Taxes$8,305

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, See Remarks
RoofShingle
FoundationStone, Other
ZoningRA

Property & Lot

Acres0.96
SqFt Lot41,818
Lot FeaturesCorner Lot

Geography

Population

3,529

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$159K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

5.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Princeton, MA market report ZIP 01541 market data
Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73554796

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