Three-Family Income
10 Barrows Street Middleboro, MA 02346
10 Barrows Street, Middleboro, MA, 02346
$879,900
For Sale
$879,900
Well-maintained three-family with separate entrances, basement access, fenced yard, and detached single-car garage with parking.
Property Size3,398 SF
Price / SF$258.95
Days on Market86
Property Features for 10 Barrows Street
General Information
- Standard status
- Active
- Size
- 3,398 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1850
Listing agency
RE/MAX Legacy
Listed by
Chelsea McLaughlin
(617) 846-8000
Source
Highlandre
Added: Apr 27 Updated: Jul 21 at 1:31AM Checked: Jul 21 at 7:06AM
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 RE/MAX Legacy
Investment Insights
Based on property information with market context.
Well-maintained three-family property offering separate private entrances and spacious unit layouts. The first and second floors each provide three bedrooms and one bath, while the third-floor unit offers two bedrooms and one bath. Interior finishes include vinyl and engineered hardwood flooring, granite countertops in the second-floor unit, farmer-style sinks, and classic wide trim. The home features a wrap-around porch, a brick/fieldstone foundation, and gas heat with radiators plus two high-efficiency heaters. The basement includes both interior and walk-out access, washer/dryer hookups, individual storage, and updated electrical panels.
Additional features include a fenced yard, a detached single-car garage, and ample parking for up to 10 vehicles. One unit is described as leased through June 30, supporting either an investor income strategy or an owner-occupy option. The property also notes potential for adding a fourth unit via an ADU, with verification required by the buyer.
Additional features include a fenced yard, a detached single-car garage, and ample parking for up to 10 vehicles. One unit is described as leased through June 30, supporting either an investor income strategy or an owner-occupy option. The property also notes potential for adding a fourth unit via an ADU, with verification required by the buyer.
Key Highlights
- Well‑maintained 3‑family built in 1850 on Barrow's St with strong stated income of $6,550/month.
- Unit mix: 1st & 2nd floors each offer 3 beds/1 bath; 3rd floor offers 2 beds/1 bath.
- Wrap‑around porch, multiple private entrances, and spacious layouts across separate unit floors.
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 | $86.6k | $25.50 |
| − Vacancy | −$4.6k | −$1.36 |
| EGI | $82.0k | $24.14 |
| − OpEx | −$24.6k | −$7.24 |
| NOI | $57.4k | $16.90 |
3,398 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$820.4K
$717.8K – $957.1K
NOI $57,427 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$756.1K
$661.6K – $882.1K
NOI $52,927 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,812 @ 7.0% cap · market cap 16.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family with separate entrances, basement access, fenced yard, and detached single-car garage with parking.
Where is this triplex located?
The property is located at 10 Barrows Street Middleboro, MA.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: Well‑maintained 3‑family built in 1850 on Barrow's St with strong stated income of $6,550/month.; Unit mix: 1st & 2nd floors each offer 3 beds/1 bath; 3rd floor offers 2 beds/1 bath.; Wrap‑around porch, multiple private entrances, and spacious layouts across separate unit floors.
