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Two-Unit Duplex with Outbuilding
For Sale
$990,000

12 Magoni Terrace, Plymouth, MA 02360

Each residence includes three legal bedrooms, a full kitchen, and private laundry.

Property Size2,913 SF
Price / SF$339.86
Days on Market90

Property Features for 12 Magoni Terrace

General Information

Standard status Active
Size 2,913 SF
Property subtype Multi-family

Building Details

Year Built 1900
Listing Agency: Conway - Hanover
Listed By: Brittany Cogliano
Source: Lindorealtygroup
Added: Jul 13 Changed: Oct 10 Last Checked: Oct 10 at 1:25AM

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 Conway - Hanover

Investment Insights

Based on property information with market context.

This two-family property contains two separate residences, each with three legal bedrooms, a full kitchen, generous room sizes, and its own laundry. Supporting space includes a partially finished basement and a fully insulated attic currently used as an additional room. A detached outbuilding provides extra storage or space for another use, subject to buyer due diligence and required approvals.

The property has town water and sewer. Improvements include boilers replaced in 2020, a roof approximately 7 years old, and many windows replaced approximately 5 years ago. An oversized driveway accommodates approximately 8–10 vehicles. The property is located just off Route 3A, with access to Downtown Plymouth, the waterfront, restaurants, shopping, transportation, and area amenities. Lead compliance documentation is available.

Key Highlights

  • Two separate units, each with 3 legal bedrooms, a full kitchen, and private laundry
  • Detached outbuilding with potential for an ADU, office, studio, or storage, subject to approvals
  • Boilers replaced in 2020

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,231
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,620 $984.6K
Cap Rate 7%
$703,300 $703.3K
Cap Rate 9%
$547,011 $547.0K
Market Conditions
NOI Build-Up for 2,913 SF
Gross rent
$74.3K $25.50/SF
− Vacancy
−$4.0K −$1.36/SF
EGI
$70.3K $24.14/SF
− OpEx
−$21.1K −$7.24/SF
NOI
$49.2K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,620
Cap Rate 7%
$703,300
Cap Rate 9%
$547,011

Alternative Uses

Best Use
Multifamily LT 5
$703.3K
$615.4K – $820.5K (±1% cap)
NOI $49,231 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$648.2K
$567.2K – $756.2K (±1% cap)
NOI $45,373 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,714 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 02360, MA

61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
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
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes three legal bedrooms, a full kitchen, and private laundry.
Where is this duplex located?
The property is located at 12 Magoni Terrace Plymouth, MA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two separate units, each with 3 legal bedrooms, a full kitchen, and private laundry; Detached outbuilding with potential for an ADU, office, studio, or storage, subject to approvals; Boilers replaced in 2020
More about this property
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