4-Unit Investment Property for Sale in the Heart of Randolph! This well-maintained property boasts a new roof (installed approximately 5 years ago), coin-operated laundry on the 1st floor, and central AC in each unit. With two driveways and ample off-street parking, it’s an ideal setup for tenants. Each unit has separate utilities, Lead Compliance Certificates, 100-amp circuit breakers, and beautiful hardwood floors throughout. All units are currently leased under the Section 8 program, providing reliable and consistent income. Kitchens, bathrooms, and windows were updated in 2010, ensuring modern comforts. Perfectly located near schools, parks, public transportation, shopping, and major highways, this property offers strong income potential with opportunities for future growth under the Section 8 program.
The median home value in Randolph, MA is $540,000. This is lower than the county median home value of $658,100. The national median home value is $338,100. The average price of homes sold in Randolph, MA is $540,000. Approximately 64.7% of Randolph homes are owned, compared to 32.14% rented, while 3.17% are vacant. Randolph real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Randolph real estate agent to arrange a tour today!
Randolph, Massachusetts has a population of 33,980. Randolph is less family-centric than the surrounding county with 22.54% of the households containing married families with children. The county average for households married with children is 36.79%.
The median household income in Randolph, Massachusetts is $87,985. The median household income for the surrounding county is $112,089 compared to the national median of $69,021. The median age of people living in Randolph is 41.3 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 48.4 inches per year, with 48.1 inches of snow per year.