Two-Family Corner
104 Great Rd Maynard, MA 01754
104 Great Rd, Maynard, MA, 01754
$519,000
For Sale
$519,000
Two 2-bedroom, 1-bath units on a corner lot, offered for sale AS IS.
Property Size2,012 SF
Lot Size0.21 Acres
Price / SF$257.95
Days on Market37
Property Features for 104 Great Rd
General Information
- Standard status
- Active
- Size
- 2,012 SF
- Lot size
- 0.21 Acres
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Realty - Concord
(617) 223-1382
Listed by
Butler Wheeler Team
(617) 223-1382
Source
Lockandkeyre
Added: Jun 15 Updated: Jul 21 at 5:14PM Checked: Jul 21 at 5:14PM
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 Coldwell Banker Realty - Concord
Investment Insights
Based on property information with market context.
This two-family property at 104 Great Rd offers two separate units, each with two bedrooms and one bathroom. The total living space is 2,012 sq. ft., set on a 9,104 sq. ft. corner lot. The property is being sold AS IS. Buyers should plan to complete their own due diligence regarding property condition and any redevelopment or reuse possibilities.
The home is described as well located near downtown, schools, parks, and the rail trail. The existing garage footprint may provide potential for an Accessory Dwelling Unit (ADU), subject to local regulations and approvals.
For prospective purchasers, the configuration supports a straightforward two-unit residential income approach, and it may also be suitable for owner-occupancy or other future-use scenarios, pending applicable permits and zoning requirements.
The home is described as well located near downtown, schools, parks, and the rail trail. The existing garage footprint may provide potential for an Accessory Dwelling Unit (ADU), subject to local regulations and approvals.
For prospective purchasers, the configuration supports a straightforward two-unit residential income approach, and it may also be suitable for owner-occupancy or other future-use scenarios, pending applicable permits and zoning requirements.
Key Highlights
- Two 2‑bedroom, 1‑bath units with a total of 2,012 sq. ft. of living space
- 1920‑built two‑family home on a 9,104 sq. ft. corner lot
- Garage footprint may offer potential for an ADU, subject to local regulations and approvals
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 | $64.0k | $31.80 |
| − Vacancy | −$3.2k | −$1.57 |
| EGI | $60.8k | $30.23 |
| − OpEx | −$18.2k | −$9.07 |
| NOI | $42.6k | $21.16 |
2,012 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$608.2K
$532.2K – $709.6K
NOI $42,575 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$571.9K
$500.4K – $667.2K
NOI $40,032 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,377 @ 7.0% cap · market cap 16.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units on a corner lot, offered for sale AS IS.
Where is this duplex located?
The property is located at 104 Great Rd Maynard, MA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units with a total of 2,012 sq. ft. of living space; 1920‑built two‑family home on a 9,104 sq. ft. corner lot; Garage footprint may offer potential for an ADU, subject to local regulations and approvals
