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Two-Unit Duplex with Basement
For Sale
$529,900
Pending

117 Bacon St, Attleboro, MA 02703

Two residential units include flexible occupancy options and additional basement storage space.

Property Size1,852 SF
Days on Market40

Property Features for 117 Bacon St

General Information

Standard status Pending
Size 1,852 SF
Property subtype 2 Family - 2 Units Up/Down

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Building Size 1,852 SF
Year Built 1925
Buildings 1
Listing Agency: Keller Williams Elite
Listed By: Lori Seavey Realty Team
Source: Iverty
Added: Aug 27 Changed: Oct 4 Last Checked: Oct 4 at 10:01AM

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 Keller Williams Elite

Investment Insights

Based on property information with market context.

Built in 1925, this duplex contains two residential units with matching layouts. Each apartment offers two bedrooms, one full bathroom, an eat-in kitchen, a family room, and hardwood flooring. Updates have been completed throughout, including improvements to the basement, which adds storage and usable supplemental space.

One unit is vacant, while the other is occupied by a tenant at will. The arrangement supports immediate owner occupancy of one apartment or continued use as a two-unit rental property. Access to major highways and public transportation adds convenience for residents and commuters.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 full bath
  • Both units feature eat‑in kitchens, family rooms, and hardwood flooring
  • Updated basement provides additional space and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,097
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,940 $661.9K
Cap Rate 7%
$472,814 $472.8K
Cap Rate 9%
$367,744 $367.7K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$51.1K $27.60/SF
− Vacancy
−$3.8K −$2.07/SF
EGI
$47.3K $25.53/SF
− OpEx
−$14.2K −$7.66/SF
NOI
$33.1K $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%
$661,940
Cap Rate 7%
$472,814
Cap Rate 9%
$367,744

Alternative Uses

Best Use
Multifamily LT 5
$472.8K
$413.7K – $551.6K (±1% cap)
NOI $33,097 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$439.4K
$384.5K – $512.6K (±1% cap)
NOI $30,758 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$1.13M
$986.9K – $1.32M (±1% cap)
NOI $78,949 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage

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

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include flexible occupancy options and additional basement storage space.
Where is this duplex located?
The property is located at 117 Bacon St Attleboro, MA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 full bath; Both units feature eat‑in kitchens, family rooms, and hardwood flooring; Updated basement provides additional space and storage
More about this property
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