Two-Building Residential-Income
106 Monk St Stoughton, MA 02072
106 Monk St, Stoughton, MA, 02072
$799,000
For Sale
$799,000
De-leaded two-family plus a recording studio with 14+ foot ceilings and second-level kitchen and bath, both for sale.
Property Size1,863 SF
Price / SF$428.88
Days on Market50
Property Features for 106 Monk St
General Information
- Standard status
- Active
- Size
- 1,863 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing agency
William Raveis R.E. & Home Services
(617) 413-6345
Listed by
David Bates
(617) 413-6345
Source
Alliancepartnersre
Added: Jun 3 Updated: Jul 21 at 4:41PM Checked: Jul 22 at 6:55AM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This offering presents the sale of two buildings. The first is a de-leaded two-family with nearly 2,000 square feet and many updates, including two sides of new cedar shingles, two new gas furnaces (2024), new appliances in unit 1 (2018), nearly all new windows (2018), and updated electrical (2018). The property is designed to provide income from the two-family unit.
The second building is listed in public records at 1,678 square feet and is laid out as a recording studio. It features very high ceilings, over 14 feet, and a second level that includes a kitchen and bathroom. The studio has water, sewer, heat, and electric, and is described as needing some spruce up.
According to the provided location notes, the buildings are approximately 0.4 miles to commuter rail and 0.2 miles to a market and a large fitness center. Ask the agent for the Saturday showing time.
The second building is listed in public records at 1,678 square feet and is laid out as a recording studio. It features very high ceilings, over 14 feet, and a second level that includes a kitchen and bathroom. The studio has water, sewer, heat, and electric, and is described as needing some spruce up.
According to the provided location notes, the buildings are approximately 0.4 miles to commuter rail and 0.2 miles to a market and a large fitness center. Ask the agent for the Saturday showing time.
Key Highlights
- Sale includes 2 buildings: a de‑leaded two‑family plus a separate recording studio building.
- De‑leaded two‑family has nearly 2,000 SF and many updates, with stated ability to provide income.
- Studio building listed at 1,678 SF with over 14‑ft ceilings and a second level that includes a kitchen and bathroom.
Local Financial Insights For Office B
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 | $65.3k | $35.04 |
| − Vacancy | −$10.8k | −$5.78 |
| EGI | $54.5k | $29.26 |
| − OpEx | −$13.6k | −$7.31 |
| NOI | $40.9k | $21.94 |
1,863 SF · lease $35.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$584.0K
$511.0K – $681.4K
NOI $40,881 @ 7.0% cap · market cap 5.12%
Second Best
Multifamily LT 5
$476.8K
$417.2K – $556.2K
NOI $33,373 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.10M
$965.0K – $1.29M
NOI $77,202 @ 7.0% cap · market cap 9.66%
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 - De-leaded two-family plus a recording studio with 14+ foot ceilings and second-level kitchen and bath, both for sale.
Where is this duplex located?
The property is located at 106 Monk St Stoughton, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Sale includes 2 buildings: a de‑leaded two‑family plus a separate recording studio building.; De‑leaded two‑family has nearly 2,000 SF and many updates, with stated ability to provide income.; Studio building listed at 1,678 SF with over 14‑ft ceilings and a second level that includes a kitchen and bathroom.
