3-Unit Triplex with Detached
For Sale
$795,000
Pending
107-109 Park Street, Attleboro, MA 02703
Three-level property with three-bedroom layouts, hardwood flooring, and an additional first-floor bathroom.
Property Size3,133 SF
Days on Market52
Property Features for 107-109 Park Street
General Information
Standard status
Pending
Size
3,133 SF
Total Parking Spaces
3
Property subtype
3 Family - 3 Units Up/Down
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,267
Building Details
Building Size
3,133 SF
Year Built
1910
Listing Agency:
Williams & Stuart Real Estate
Listed By:
Sandra Sousa · License #RES.0033083
(401) 228-3948
Source:
Donnellyandco
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 4:55PM
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 Williams & Stuart Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this triplex at 107-109 Park Street includes three levels, each arranged with three bedrooms and generous living areas featuring hardwood flooring. The first floor adds a second bathroom, while a detached three-car garage provides parking and storage space.
The property is within walking distance of the commuter train and near Sturdy Memorial Hospital, Capron Park Zoo, restaurants, and cafes. Major roadways are also readily accessible, supporting convenient connections throughout the surrounding area.
The property is within walking distance of the commuter train and near Sturdy Memorial Hospital, Capron Park Zoo, restaurants, and cafes. Major roadways are also readily accessible, supporting convenient connections throughout the surrounding area.
Key Highlights
- Three‑unit triplex with three bedrooms on each level
- Additional bathroom located on the first floor
- Hardwood flooring throughout the living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,990
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,800
$1.1M
Cap Rate 7%
$799,857
$799.9K
Cap Rate 9%
$622,111
$622.1K
Market Conditions
NOI Build-Up for 3,133 SF
Gross rent
$86.5K $27.60/SF
− Vacancy
−$6.5K −$2.07/SF
EGI
$80.0K $25.53/SF
− OpEx
−$24.0K −$7.66/SF
NOI
$56.0K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,800
Cap Rate 7%
$799,857
Cap Rate 9%
$622,111
Alternative Uses
Best Use
Multifamily LT 5
$799.9K
$699.9K – $933.2K
NOI $55,990 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$743.3K
$650.4K – $867.2K
NOI $52,034 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,556 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 02703, MA
46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-level property with three-bedroom layouts, hardwood flooring, and an additional first-floor bathroom.
Where is this triplex located?
The property is located at 107-109 Park Street Attleboro, MA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three‑unit triplex with three bedrooms on each level; Additional bathroom located on the first floor; Hardwood flooring throughout the living areas
