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Newer 3-Unit Multifamily Property

78-82 Church St Mattapoisett, MA 02739

78-82 Church St, Mattapoisett, MA, 02739
$1,395,000
For Sale
$1,395,000

A 2020-built three-family with in-unit laundry, central air, decks, and off-street parking.

Property Size2,880 SF
Price / SF$484.38
Days on Market86

Property Features for 78-82 Church St

General Information

Standard status
Active
Size
2,880 SF
Property subtype
Investment

Building Details

Year Built
2020
Listing agency
Listed by Susan Winn
Source Elliman
Added: Apr 28 Updated: Jul 21 at 7:15AM Checked: Jul 22 at 12:02PM

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 Susan Winn


Investment Insights

Based on property information with market context.

Built in 2020, this well-maintained three-family property includes three modern, sunny units with updated finishes. Each unit features an open concept kitchen and living room, in-unit laundry, and a slider to the back deck, along with a welcoming front porch. Units also have central air conditioning, and all three units share access to a backyard.

The property is located in a village setting in Mattapoisett Center, close to the town beach and village center, with shopping, restaurants, and the rail trail bike path nearby. Off-street parking is available.

The first floor has two units, each configured with two bedrooms and two full baths. The larger second-floor unit offers two bedrooms and one full bath.

Key Highlights

  • Newer 3‑family built in 2020 with three rented units.
  • Two first‑floor units are 858 SF each with 2 bedrooms and 2 full baths.
  • Second‑floor unit is 1164 SF with 2 bedrooms and 1 full bath.

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 $73.4k $25.50
− Vacancy −$3.9k −$1.36
EGI $69.5k $24.14
− OpEx −$20.9k −$7.24
NOI $48.7k $16.90
2,880 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$695.3K
$608.4K – $811.2K (±1% cap)
NOI $48,673 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$640.8K
$560.7K – $747.7K (±1% cap)
NOI $44,859 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,346 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Auto Repair Shop HVAC Service Electrical Service Building Supply (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Barber Shop Computer & Electronic Repair Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - A 2020-built three-family with in-unit laundry, central air, decks, and off-street parking.
Where is this triplex located?
The property is located at 78-82 Church St Mattapoisett, MA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Newer 3‑family built in 2020 with three rented units.; Two first‑floor units are 858 SF each with 2 bedrooms and 2 full baths.; Second‑floor unit is 1164 SF with 2 bedrooms and 1 full bath.
Contact an agent
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