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67 North Street
Hingham, MA 02043
Asking Price
$2.30M
Cap Rate
3.65%
Asset Type
Retail
Class
Class B
What's Special
Exceptional investment opportunity in the heart of downtown Hingham. <p>67–71 North Street represents a rare opportunity to acquire a turnkey, three-unit multifamily asset in the heart of downtown Hingham — one of the South Shore's most sought-after communities. Originally constructed circa 1840, the property has been well-maintained and offers the income stability of a fully leased rent roll alongside immediate value-add optionality through its currently vacant unit.</p><p></p><p>The property consists of three two-bedroom units across approximately 3,688 square
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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.19%
Monthly Payment
$11,374.198
Annual Cash Flow
$-56,490.371