Side-by-Side
New
For Sale
$949,000
13 Gregg Street, Woburn, MA 01801
Each residence has three bedrooms, one bath, an eat-in kitchen, and laundry hookups.
Property Size2,100 SF
Price / SF$451.90
Days on Market4
Property Features for 13 Gregg Street
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
fenced yard
storage shed
electric vehicle charging outlet
laundry hookups
Building Details
Year Built
1962
Buildings
1
Listing Agency:
J. Mulkerin Realty
Listed By:
Stan Malvarosa
(617) 694-6208
Source:
Jmulkerinrealty
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:16AM
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 J. Mulkerin Realty
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Investment Insights
Based on property information with market context.
Built in 1962, this side-by-side duplex contains 2,100 square feet across two residences. Each unit spans two floors and has three bedrooms, one bathroom, an eat-in kitchen, a living room, and laundry hookups. A separate lower level adds storage and further living space.
The property includes a fenced yard and storage shed, along with a dedicated driveway for each unit. An electric vehicle charging outlet is also installed. Restaurants, shopping, major highways, and public transportation are convenient to the address.
The property includes a fenced yard and storage shed, along with a dedicated driveway for each unit. An electric vehicle charging outlet is also installed. Restaurants, shopping, major highways, and public transportation are convenient to the address.
Key Highlights
- 2,100 square feet of living space in a side‑by‑side duplex
- Each unit has 3 bedrooms, 1 bath, an eat‑in kitchen, a living room, and laundry hookups
- Separate lower level with storage and additional living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,437
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,740
$888.7K
Cap Rate 7%
$634,814
$634.8K
Cap Rate 9%
$493,744
$493.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$66.8K $31.80/SF
− Vacancy
−$3.3K −$1.57/SF
EGI
$63.5K $30.23/SF
− OpEx
−$19.0K −$9.07/SF
NOI
$44.4K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,740
Cap Rate 7%
$634,814
Cap Rate 9%
$493,744
Alternative Uses
Best Use
Multifamily LT 5
$634.8K
$555.5K – $740.6K
NOI $44,437 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$596.9K
$522.3K – $696.4K
NOI $41,783 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,023 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 01801, MA
40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, one bath, an eat-in kitchen, and laundry hookups.
Where is this duplex located?
The property is located at 13 Gregg Street Woburn, MA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 2,100 square feet of living space in a side‑by‑side duplex; Each unit has 3 bedrooms, 1 bath, an eat‑in kitchen, a living room, and laundry hookups; Separate lower level with storage and additional living space
