Two-Unit Residential Income
12 Almy Dartmouth, MA 02748
12 Almy, Dartmouth, MA, 02748
$529,000
Pending
For Sale
$529,000
Pending
Each unit offers 2 bedrooms and 1 bath, with hardwood floors and recent mechanical and exterior updates.
Property Size1,531 SF
Days on Market58
Property Features for 12 Almy
General Information
- Standard status
- Pending
- Size
- 1,531 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1928
Listing agency
The Real Estate Collaborative
(508) 525-5960
Listed by
Bobbi Martin
(508) 525-5960
Source
Lockandkeyre
Added: May 27 Updated: Jul 22 at 7:30PM Checked: Jul 22 at 7:30PM
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 The Real Estate Collaborative
Investment Insights
Based on property information with market context.
This two-unit duplex is set up with 2 bedrooms and 1 bath in each residence. Both levels feature hardwood flooring. Exterior improvements include vinyl siding, and the home also has a screened-in porch and a fenced-in corner lot with a large yard.
The property includes a full basement with interior access, along with W/D hookups and two newer hot water heaters. Electrical updates include circuit breakers, and the roof is approximately 3–4 years old. Heating includes two heat pumps per unit, supplemented by radiators on the first floor and a space heater on the second level. The attic is fully insulated with mostly new windows.
Conveniently located near shopping and restaurants, with access to Jones Beach and Padanaram Village. Additional nearby options mentioned include NB Yacht Club, and boat launching across the bridge at Appongansett Beach and the Bucket.
The property includes a full basement with interior access, along with W/D hookups and two newer hot water heaters. Electrical updates include circuit breakers, and the roof is approximately 3–4 years old. Heating includes two heat pumps per unit, supplemented by radiators on the first floor and a space heater on the second level. The attic is fully insulated with mostly new windows.
Conveniently located near shopping and restaurants, with access to Jones Beach and Padanaram Village. Additional nearby options mentioned include NB Yacht Club, and boat launching across the bridge at Appongansett Beach and the Bucket.
Key Highlights
- Two‑unit property with two 2‑bedroom, 1‑bath units
- Hardwood flooring on both levels
- Roof is 3–4 years old; mostly new windows
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 | $42.3k | $27.60 |
| − Vacancy | −$3.2k | −$2.07 |
| EGI | $39.1k | $25.53 |
| − OpEx | −$11.7k | −$7.66 |
| NOI | $27.4k | $17.87 |
1,531 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.9K
$342.0K – $456.0K
NOI $27,361 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$363.2K
$317.8K – $423.8K
NOI $25,427 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$932.4K
$815.8K – $1.09M
NOI $65,265 @ 7.0% cap · market cap 12.34%
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 - Each unit offers 2 bedrooms and 1 bath, with hardwood floors and recent mechanical and exterior updates.
Where is this duplex located?
The property is located at 12 Almy Dartmouth, MA.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit property with two 2‑bedroom, 1‑bath units; Hardwood flooring on both levels; Roof is 3–4 years old; mostly new windows
