Two-Family Corner Lot with Detached
For Sale
$479,900
Pending
51 New Boston Rd, Dudley, MA 01571
MULTI_FAMILY - Dudley, MA
Property Size2,052 SF
Lot Size0.67 Acres
Days on Market13
Property Features for 51 New Boston Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R30
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking
8
Directions
GPS Friendly
Standard status
Pending
APN
M:0235 B:0000 L:2000,3836575
Size
2,052 SF
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3578
Building Details
Year built
1948
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Bell Park Realty · RE/MAX International
(860) 774-7600
Listed By:
Michael Meehan · License #458161
(860) 774-7600
Added: Jul 20
Changed: Jul 30
Last Checked: Aug 1 at 3:06PM
MLS# 73552056
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.
This well-maintained two-family property is set on a spacious corner lot in Dudley. The home provides two separate living areas with their own parking areas, separate heating systems, and separate electrical services, supporting simplified ownership. The first floor features three bedrooms, one full bathroom, and mostly hardwood flooring. The second floor offers two bedrooms, one full bathroom, and mostly hardwood flooring.
A detached two-car garage offers additional space for storage, a workshop, or other flexible uses. The drive-under garage adds further storage or usability options. The property includes a generous yard for outdoor recreation, gardening, or entertaining.
The home was built in 1948 and includes mostly hardwood flooring throughout. The property is located on New Boston Rd in Dudley.
A detached two-car garage offers additional space for storage, a workshop, or other flexible uses. The drive-under garage adds further storage or usability options. The property includes a generous yard for outdoor recreation, gardening, or entertaining.
The home was built in 1948 and includes mostly hardwood flooring throughout. The property is located on New Boston Rd in Dudley.
Key Highlights
- Corner lot two‑family home in Dudley, MA
- Each unit has its own parking area
- Separate heating systems and separate electrical services
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 | $40.6k | $19.80 |
| − Vacancy | −$1.0k | −$0.49 |
| EGI | $39.6k | $19.31 |
| − OpEx | −$11.9k | −$5.79 |
| NOI | $27.7k | $13.52 |
2,052 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$396.3K
$346.7K – $462.3K
NOI $27,738 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$344.9K
$301.8K – $402.3K
NOI $24,140 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$700.7K
$613.1K – $817.5K
NOI $49,051 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 01571, MA
11,921
Population
4,295
Households
2.8
Avg Household Size
40
Median Age
25%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
573
Density / Sq Mi
$85,179
Median Household Income
$43,232
Median Earnings
$1,188
Median Rent
$372,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family home on a corner lot with separate heating and electrical services plus off-street parking.
Where is this duplex located?
The property is located at 51 New Boston Rd Dudley, MA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Corner lot two‑family home in Dudley, MA; Each unit has its own parking area; Separate heating systems and separate electrical services
