Two-Unit Duplex with Finished
For Sale
$799,000
133 Summer St, Kingston, MA 02364
Separate living spaces offer kitchens, bedrooms, and outdoor decks, with additional finished rooms in the lower level.
Property Size3,008 SF
Lot Size1.00 Acre
Price / SF$265.63
Days on Market8
Property Features for 133 Summer St
General Information
Standard status
Active
Size
3,008 SF
Lot size
1.00 Acre
Property subtype
2 Family - 2 Units Up/Down
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
deck
above ground pool
two sheds
fenced yard
Building Details
Building Size
3,008 SF
Year Built
1901
Listing Agency:
eXp Realty LLC
(888) 854-7493
Listed By:
Kathie Palm · License #455000786
(508) 320-5115
Source:
Iverty
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 28 at 8:17AM
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
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Investment Insights
Based on property information with market context.
Built in 1901, this 3,008-square-foot duplex contains two separate living units. The first-floor apartment has two bedrooms, hardwood flooring, a kitchen with granite countertops and stainless appliances, and access from a covered front porch or a mudroom/pantry. Two finished, closet-equipped rooms in the lower level provide additional space. The second-floor unit includes a kitchen with maple cabinetry, two bedrooms, hardwood floors in the living room and bedrooms, and its own mudroom/pantry. A finished walk-up attic adds further interior space; a former bathroom area is prepared for remodeling.
The property occupies one acre and includes decks, an above-ground pool, a fenced area, two sheds, and ample parking. Highway access, Rocky Nook, shopping, restaurants, and the Kingston Train Station are among the area destinations noted for the property.
The property occupies one acre and includes decks, an above-ground pool, a fenced area, two sheds, and ample parking. Highway access, Rocky Nook, shopping, restaurants, and the Kingston Train Station are among the area destinations noted for the property.
Key Highlights
- Two‑unit duplex with 3,008 square feet; built in 1901
- Set on a one‑acre lot
- Each unit has two bedrooms and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,836
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,720
$1.0M
Cap Rate 7%
$726,229
$726.2K
Cap Rate 9%
$564,844
$564.8K
Market Conditions
NOI Build-Up for 3,008 SF
Gross rent
$76.7K $25.50/SF
− Vacancy
−$4.1K −$1.36/SF
EGI
$72.6K $24.14/SF
− OpEx
−$21.8K −$7.24/SF
NOI
$50.8K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,720
Cap Rate 7%
$726,229
Cap Rate 9%
$564,844
Alternative Uses
Best Use
Multifamily LT 5
$726.2K
$635.5K – $847.3K
NOI $50,836 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$669.3K
$585.7K – $780.9K
NOI $46,853 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,651 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 02364, MA
13,708
Population
5,658
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
99%
High-School Grad
18.6 sq mi
ZIP Area
737
Density / Sq Mi
$115,863
Median Household Income
$59,955
Median Earnings
$1,157
Median Rent
$562,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces offer kitchens, bedrooms, and outdoor decks, with additional finished rooms in the lower level.
Where is this duplex located?
The property is located at 133 Summer St Kingston, 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: Two‑unit duplex with 3,008 square feet; built in 1901; Set on a one‑acre lot; Each unit has two bedrooms and a kitchen
