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Corner Two-Family with Covered Porch

3 Harrison Avenue Braintree, MA 02184

3 Harrison Avenue, Braintree, MA, 02184
$750,000
For Sale
$750,000

MULTI_FAMILY - Braintree, MA

Property Size1,667 SF
Lot Size0.24 Acres
Price / SF$449.91
Days on Market79

Property Features for 3 Harrison Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking
6
Standard status
Active
APN
M:2015 B:0 L:38A,17896
Size
1,667 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6234

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Listing Agency Keller Williams Realty
29 Commercial Street, Braintree, MA
Listed by Steve Zeboski
Added: May 4 Updated: Jul 11 at 3:10 am Checked: Jul 21 at 2:06 am
MLS# 73512317 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Charming Victorian-style two-family home set on a corner lot. The property includes a wrap-around covered farmer’s porch and a deck, plus a good-sized yard with off-street parking. Interior features include hardwood floors in many rooms, with the first floor offering updates, a den/office with a second egress, and a pantry with laundry hookups. Upstairs includes an entry foyer, two bedrooms, a living room, a kitchen, and a full bathroom. The basement has utilities, an additional laundry hookup, and open storage accessed via the bulkhead.

Most of the house is finished with aluminum siding, and the windows are described as vinyl replacement windows. The home is positioned close to public transportation, including the T and commuter rail, as well as nearby highways.

This layout can work well for an owner-occupant seeking to live in one unit while renting the other, or for a buyer looking for a residential income property with in-home laundry in both levels. The property is being sold in as-is condition.

Key Highlights

  • Victorian‑style 2‑family on a corner lot with a wrap‑around covered farmer’s porch and a deck
  • First floor updates include hardwood floors in many rooms plus a den/office with a second egress
  • Kitchen/pantry includes laundry hookups; vinyl replacement windows and most of the home has aluminum siding

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.0k $27.00
− Vacancy −$2.3k −$1.41
EGI $42.7k $25.59
− OpEx −$12.8k −$7.68
NOI $29.9k $17.91
1,667 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$426.6K
$373.3K – $497.7K (±1% cap)
NOI $29,862 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$393.6K
$344.4K – $459.2K (±1% cap)
NOI $27,552 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$986.9K
$863.5K – $1.15M (±1% cap)
NOI $69,080 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Felicas,Craft Catering Take-out & Catering

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Auto Parts Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Catering Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Victorian-style two-family with off-street parking, hardwood floors, and multiple laundry hookups on a corner lot.
Where is this duplex located?
The property is located at 3 Harrison Avenue Braintree, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Victorian‑style 2‑family on a corner lot with a wrap‑around covered farmer’s porch and a deck; First floor updates include hardwood floors in many rooms plus a den/office with a second egress; Kitchen/pantry includes laundry hookups; vinyl replacement windows and most of the home has aluminum siding
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