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Winchester Two-Family Home For Sale

63-65 Harvard Street Winchester, MA 01890

63-65 Harvard Street, Winchester, MA, 01890
$1,150,000
For Sale
Claim this Listing
$1,150,000

MULTI_FAMILY - Winchester, MA

Property Size2,186 SF
Lot Size0.12 Acres
Price / SF$526.08
AddedMay 9
Days on Market68
Last RefreshJul 15 at 7:06 pm

Property Features for 63-65 Harvard Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RG
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
Parking
9
Standard status
Active
APN
897528
Size
2,186 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11374

Building Details

Year built
1880
Floors in Building
3
Number of units
2

Listing agent Christina Hill

Listing office Keller Williams Realty Boston Northwest 1 Militia Drive, Ste. 204, Concord, MA

Listing date May 9, 2026

MLS# 73515601 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.

This two-family home in Winchester presents an opportunity for owner-occupancy with rental income or long-term investment. The property features a larger unit spanning the second and third floors, offering three bedrooms, two full baths, and living space comparable to a single-family home. The first-floor unit includes two bedrooms and one full bath, suitable for rental income, extended family, or multi-generational living. Each unit has its own garage space, and there is a long driveway with additional parking. The layout provides separation and functionality. Located in Winchester, the property offers access to Winchester Public Schools. The property is situated on a lot of 0.1175 acres. The building has a size of 2186 square feet. The zoning is RG.

Key Highlights

  • Year built 1880 two‑family home in Winchester
  • Larger unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and living space
  • 1st‑floor unit includes 2 bedrooms and 1 full bath

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 $69.5k $31.80
− Vacancy −$3.4k −$1.57
EGI $66.1k $30.23
− OpEx −$19.8k −$9.07
NOI $46.3k $21.16
2,186 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$660.8K
$578.2K – $771.0K (±1% cap)
NOI $46,257 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$621.3K
$543.7K – $724.9K (±1% cap)
NOI $43,494 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,587 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service Food Market

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

FAQs

What type of property is this?
Duplex - Two-unit home in Winchester with strong rental income potential.
Where is this duplex located?
The property is located at 63-65 Harvard Street Winchester, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Year built 1880 two‑family home in Winchester; Larger unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and living space; 1st‑floor unit includes 2 bedrooms and 1 full bath
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