Listing Agency: eXp Realty LLC Show Phone

Listed By: Roland Copeland Show Phone

Source: Exprealty

Added: Aug 12 Changed: Oct 2 Last Checked: Oct 15 at 1:38AM

Report an Issue

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 eXp Realty LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 3418-square-foot triplex includes Units A, B, and C, with separate tankless water heaters serving each unit. Units B and C are arranged in townhouse-style layouts and include newer flooring and refreshed paint. Unit A is positioned at the rear of the building and is receiving interior updates, including new bathroom floor tile, fresh paint, and a new stove.

The property is located at 110 Knight Ave in Attleboro, Massachusetts. Its roof is under 10 years old, adding a relatively recent building component to the property’s existing improvements. The three-unit configuration, individual water-heating systems, and mix of completed and ongoing interior work provide a clear physical profile for evaluation.

Key Highlights

• 3,418‑square‑foot triplex with Units A, B, and C
• Townhouse‑style layouts in Units B and C
• Newer flooring and fresh paint in Units B and C

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,083

Cap Rate

6.98%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,221,660 $1.2M

Cap Rate 7%

$872,614 $872.6K

Cap Rate 9%

$678,700 $678.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,418 SF

Gross rent

$94.3K $27.60/SF

− Vacancy

−$7.1K −$2.07/SF

EGI

$87.3K $25.53/SF

− OpEx

−$26.2K −$7.66/SF

NOI

$61.1K $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%

$1,221,660

Cap Rate 7%

$872,614

Cap Rate 9%

$678,700

Alternative Uses

Best Use

Multifamily LT 5

$872.6K

$763.5K – $1.02M (±1% cap)

NOI $61,083 @ 7.0% cap · market cap 6.98%

Second Best

Apartment 5plus

$811.0K

$709.6K – $946.1K (±1% cap)

NOI $56,767 @ 7.0% cap · market cap 6.49%

Theoretical Best

Office A

$2.08M

$1.82M – $2.43M (±1% cap)

NOI $145,705 @ 7.0% cap · market cap 16.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

113

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Turnkey 3-Unit Residential Income

2 Hope St, Attleboro, MA 02703

$749,000

3,827 SF

View details

Three-Unit Residential Income Property

30 Hope St, Attleboro, MA 02703

$699,500

2,571 SF

View details

Four-Unit Townhouse-Style Quadplex

186 County St, Attleboro, MA 02703

$995,000

3,606 SF

View details

Two-Business Storefront Property

1246 S Main, Attleboro, MA 02703

$399,900

2,800 SF

View details

Three-Unit Mixed-Use Property

609 Newport Ave, Attleboro, MA 02703

$949,000

1,800 SF

View details

Two-Unit Duplex

562 Newport Avenue, Attleboro, MA 02703

$589,900

2,164 SF

View details

New Construction Duplex with Attic

12 Alvin, Attleboro, MA 02703

$599,000

2,000 SF

View details

Two-Story Office Building with Elevator

141 Park Street, Attleboro, MA 02703

$1,300,000

6,500 SF

View details

End-Unit Residential Townhouse

1284 County Street, Attleboro, MA 02703

$539,000

1,780 SF

View details

Office Suite with Elevator Access

8 N Main St, Attleboro, MA 02703

Contact for pricing

3,745 SF

View details

Three-Level Residential Income Property

660 Thacher, Attleboro, MA 02703

$419,000

1,700 SF

View details

Well-Maintained Office Building Near Downtown

166 Bank St, Attleboro, MA

Contact for pricing

2,600 SF

View details

Frequently Asked Questions

What type of property is this?

Triplex - Three-unit property with townhouse-style layouts and ongoing interior improvements.

Where is this triplex located?

The property is located at 110 Knight Ave Attleboro, MA.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: 3,418‑square‑foot triplex with Units A, B, and C; Townhouse‑style layouts in Units B and C; Newer flooring and fresh paint in Units B and C