Two-Family Residential Income
12 Whitcomb Street Webster, MA 01570
12 Whitcomb Street, Webster, MA, 01570
$429,000
Pending
For Sale
$429,000
Pending
Well-maintained two-family with similar unit layouts, off-street parking, and a finished heated walk-up attic on the second floor.
Property Size2,150 SF
Days on Market79
Property Features for 12 Whitcomb Street
General Information
- Standard status
- Pending
- Size
- 2,150 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
ERA Key Realty Services- Spenc
(508) 873-1303
Listed by
Samantha Butkiewicus · License #453012743
(508) 873-1303
Source
Lockandkeyre
Added: May 5 Updated: Jul 21 at 6:52PM Checked: Jul 21 at 6:52PM
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 ERA Key Realty Services- Spenc
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex offers flexibility for owner-occupants and investors. Both units feature similar layouts with spacious rooms and high ceilings. The second-floor unit adds additional living space via a finished, heated walk-up attic with two extra bedrooms. That unit will be delivered vacant and ready for immediate occupancy, including fresh paint and new carpeting.
The first-floor unit is tenant occupied with a long-term tenant in place through 10/1/26, providing immediate rental income. Off-street parking and manageable green space in the rear complement the property.
Conveniently located within walking distance to shops, dining, and everyday amenities, with quick access to Route 395 and less than 2 miles to Memorial Beach Park. Showings are for the second floor only; the first floor will be available with an accepted offer.
The first-floor unit is tenant occupied with a long-term tenant in place through 10/1/26, providing immediate rental income. Off-street parking and manageable green space in the rear complement the property.
Conveniently located within walking distance to shops, dining, and everyday amenities, with quick access to Route 395 and less than 2 miles to Memorial Beach Park. Showings are for the second floor only; the first floor will be available with an accepted offer.
Key Highlights
- Two‑family built in 1900 with similar layouts in both units and spacious rooms with high ceilings
- Second‑floor unit includes a finished, heated walk‑up attic with 2 additional bedrooms and bonus living space
- 2nd floor delivered vacant for immediate occupancy with fresh paint and new carpeting
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 | $42.6k | $19.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $41.5k | $19.31 |
| − OpEx | −$12.5k | −$5.79 |
| NOI | $29.1k | $13.52 |
2,150 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.2K
$363.3K – $484.4K
NOI $29,063 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$361.3K
$316.2K – $421.6K
NOI $25,293 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$734.2K
$642.4K – $856.6K
NOI $51,394 @ 7.0% cap · market cap 11.98%
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 - Well-maintained two-family with similar unit layouts, off-street parking, and a finished heated walk-up attic on the second floor.
Where is this duplex located?
The property is located at 12 Whitcomb Street Webster, MA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two‑family built in 1900 with similar layouts in both units and spacious rooms with high ceilings; Second‑floor unit includes a finished, heated walk‑up attic with 2 additional bedrooms and bonus living space; 2nd floor delivered vacant for immediate occupancy with fresh paint and new carpeting
