59 South Street, Easton, MA 02375
MULTI_FAMILY - Easton, MA
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 59 South Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 2 Family
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4
- Parking
- 12
- Standard status
- Active
- APN
- 2808203
- Size
- 2,389 SF
- Lot size
- 2.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6637
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 2
Listing agent Scott Morris (508) 238-5000
Listing office Keller Williams Realty 574 Washington Street, South Easton, MA (508) 238-5000
Listing date Jun 16, 2026
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.
HighLights
- 2‑family home built in 1920 set on 2.6 acres of usable grounds
- Owner’s unit is larger than the rental unit
- Trex deck overlooking an inground pool and cabana
- Updated kitchens and baths, plus freshly painted interior
- Updates include heat, electrical, and roof; separate utilities for each unit
- Parking for 12+ vehicles, plus storage shed; connected to town sewer prior to closing and delivered vacant
Overview
The property is located at 59 South Street in Easton. Parking is available for 12+ vehicles, supporting day-to-day use and guest visits. The home is being connected to the town sewer prior to closing and is listed to be delivered vacant.
With separate utilities and a distinct ownership-versus-rental size layout, this residence can work for an owner-occupant seeking income from the second unit, as well as for investors looking for a straightforward 2-family setup. The combination of updated unit finishes, dedicated utility separation, and a large outdoor setting around the pool may appeal to households prioritizing both practical housing and usable yard space.
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 | $65.9k | $27.60 |
| − Vacancy | −$4.9k | −$2.07 |
| EGI | $61.0k | $25.53 |
| − OpEx | −$18.3k | −$7.66 |
| NOI | $42.7k | $17.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Easton
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.12848
- Latitude
- 42.022653