Side-by-Side
13-15 Maple St, Northbridge, MA 01588
For Sale
New
$619,999
Each residence spans three levels and has separate utilities, with one unit leased and the other available for occupancy.
Property Size2,520 SF
Price / SF$246.03
Days on Market5
Property Features for 13-15 Maple St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
eXp Realty LLC
(888) 854-7493
Listed By:
Christine L. Najem · License #453011170
(508) 864-1536
Source:
Condonrealty
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 7 at 10:17AM
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 eXp Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 13-15 Maple St in Northbridge, this side-by-side duplex dates to 1892 and contains two four-bedroom residences, each arranged across three levels. Both feature a living room, dining area, eat-in kitchen, three upper-floor bedrooms, a renovated full bath, and a fourth bedroom on the top floor. Full basements provide washer and dryer hookups. Interior updates include refinished hardwood floors, new lighting, fresh paint, and energy-efficient windows; the kitchens have differing finishes and cabinetry. Gas forced-air heat and separate utilities serve the units.
Exterior features include a new roof, paved off-street parking, a covered rear porch, and a deep backyard. The property is zoned R5, and the most recent survey identifies it as a double lot. One residence is leased through September 30, 2027; the other will be delivered vacant.
Exterior features include a new roof, paved off-street parking, a covered rear porch, and a deep backyard. The property is zoned R5, and the most recent survey identifies it as a double lot. One residence is leased through September 30, 2027; the other will be delivered vacant.
Key Highlights
- Two side‑by‑side four‑bedroom residences, each arranged over three levels
- Full basement in each unit with washer and dryer hookups
- One unit leased through September 30, 2027; the other delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,064
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,280
$681.3K
Cap Rate 7%
$486,629
$486.6K
Cap Rate 9%
$378,489
$378.5K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$49.9K $19.80/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$48.7K $19.31/SF
− OpEx
−$14.6K −$5.79/SF
NOI
$34.1K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,280
Cap Rate 7%
$486,629
Cap Rate 9%
$378,489
Alternative Uses
Best Use
Multifamily LT 5
$486.6K
$425.8K – $567.7K
NOI $34,064 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$423.5K
$370.6K – $494.1K
NOI $29,645 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$860.5K
$753.0K – $1.00M
NOI $60,238 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 01588, MA
10,106
Population
4,553
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
1,248
Density / Sq Mi
$88,735
Median Household Income
$50,855
Median Earnings
$1,263
Median Rent
$413,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence spans three levels and has separate utilities, with one unit leased and the other available for occupancy.
Where is this duplex located?
The property is located at 13-15 Maple St Northbridge, MA.
What is the asking price?
The asking price for this property is $619,999.
What are key features of this property?
This property features: Two side‑by‑side four‑bedroom residences, each arranged over three levels; Full basement in each unit with washer and dryer hookups; One unit leased through September 30, 2027; the other delivered vacant
