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10-12 Olive St, Attleboro, MA, 02771
Side-By-Side Duplex Opportunity

10-12 Olive St Attleboro, MA 02771

For Sale
$645,000

Side-by-side duplex with two townhouse-style units, private basements, hardwood floors, and backyard patios.

Property Size2,484 SF
Price / SF$259.66
Days on Market40

Property Features for 10-12 Olive St

General Information

Standard status
Active
Size
2,484 SF
Property subtype
2 Family - 2 Units Side by Side

Building Details

Year Built
1910
Listing Agency: HomeSmart First Class Realty
Listed By: Angelique Stanley
Source: Lockandkeyre
Added: Jun 15 Changed: Jul 23 Last Checked: Jul 23 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart First Class Realty


Investment Insights

Based on property information with market context.

This side-by-side duplex offers two townhouse-style units in a single property. Each unit includes three bedrooms, updated bathrooms, and updated FHA gas heating systems. Both units have private full basements with laundry hookups, along with walk-up attics for additional storage or living space. Hardwood flooring runs throughout the residences. The left unit includes 1.5 baths plus a formal dining room and front living room. The right unit features an eat-in kitchen and dining room. Outside, there is a private backyard with patio, along with a one-car garage and additional off-street parking.

The property is located in Attleboro and described as being just minutes from the MBTA Commuter Rail, schools, shopping, Capron Park Zoo, and major highways.

As presented, the home is positioned as a solid foundation with room for a buyer to add their own improvements.

Key Highlights

  • Side‑by‑side duplex built in 1910 with two townhouse‑style units
  • Each unit offers 3 bedrooms, updated baths, and updated FHA gas heating systems
  • Private full basements for each unit with laundry hookups and walk‑up attics

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 $68.6k $27.60
− Vacancy −$5.1k −$2.07
EGI $63.4k $25.53
− OpEx −$19.0k −$7.66
NOI $44.4k $17.87
2,484 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$634.2K
$554.9K – $739.9K (±1% cap)
NOI $44,392 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$589.4K
$515.7K – $687.6K (±1% cap)
NOI $41,255 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,890 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Bakery Pet Grooming Service Florist Carpet & Flooring Store Skin Care Clinic Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Duplex - Side-by-side duplex with two townhouse-style units, private basements, hardwood floors, and backyard patios.
Where is this duplex located?
The property is located at 10-12 Olive St Attleboro, MA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1910 with two townhouse‑style units; Each unit offers 3 bedrooms, updated baths, and updated FHA gas heating systems; Private full basements for each unit with laundry hookups and walk‑up attics
More about this property
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