Building Details

Year Built 1947

Listing Agency: Keller Williams South Watuppa

Listed By: Cindy Ferry · License #9067567 Show Phone

Source: Hgjohnsonrealestate

Added: Mar 27 Changed: Oct 15 Last Checked: Oct 14 at 11:27PM

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Investment Insights

Based on property information with market context.

This impeccably maintained two-family home offers two separate residences, each with central air. The first-floor unit features three bedrooms, two full baths, an open floor plan, an enclosed porch, and a chef’s kitchen with stainless steel appliances, abundant cabinetry, and a stone fireplace anchoring the living area. The second unit offers one to two bedrooms, an open floor plan, a private entrance, an outdoor deck and patio, and in-unit laundry.

Outside, the property includes beautifully landscaped grounds, a two-car garage, and additional side parking. The home is described as located on a quiet dead-end street, conveniently near shopping, dining, schools, and major highways. Both units have been deleaded.

Overall, the layout provides a practical setup for occupants seeking separate entrances and functional indoor/outdoor living space while maintaining a single, turnkey property.

Key Highlights

• 1947‑built two‑family home featuring two separate units with central air
• First‑floor unit: 3 bedrooms, 2 full baths, open floor plan, enclosed porch, and chef’s kitchen with stainless appliances
• First‑floor kitchen includes a pot filler, beverage cooler, abundant cabinetry, and a stone fireplace in the living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,681

Cap Rate

6.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$973,620 $973.6K

Cap Rate 7%

$695,443 $695.4K

Cap Rate 9%

$540,900 $540.9K

Market Conditions

NOI Build-Up for 2,724 SF

Gross rent

$75.2K $27.60/SF

− Vacancy

−$5.6K −$2.07/SF

EGI

$69.5K $25.53/SF

− OpEx

−$20.9K −$7.66/SF

NOI

$48.7K $17.87/SF

Area

Bristol County, MA

Vacancy

7.50%

Lease Rate

$27.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$973,620

Cap Rate 7%

$695,443

Cap Rate 9%

$540,900

Alternative Uses

Best Use

Multifamily LT 5

$695.4K

$608.5K – $811.4K (±1% cap)

NOI $48,681 @ 7.0% cap · market cap 6.49%

Second Best

Apartment 5plus

$646.3K

$565.5K – $754.0K (±1% cap)

NOI $45,241 @ 7.0% cap · market cap 6.03%

Theoretical Best

Office A

$1.66M

$1.45M – $1.94M (±1% cap)

NOI $116,121 @ 7.0% cap · market cap 15.48%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321

Businesses Nearby

Explore this area Business Placement

Demographics for 02726, MA

15,671

Population

6,719

Households

2.3

Avg Household Size

46

Median Age

37%

College-Educated

93%

High-School Grad

5.5 sq mi

ZIP Area

2,849

Density / Sq Mi

$110,427

Median Household Income

$65,106

Median Earnings

$1,316

Median Rent

$389,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Impeccably maintained two-family home with two units, central air, and in-unit laundry features.

Where is this duplex located?

The property is located at 138 - 140 Berube Avenue Somerset, MA.

What is the asking price?

The asking price for this property is $749,900.

What are key features of this property?

This property features: 1947‑built two‑family home featuring two separate units with central air; First‑floor unit: 3 bedrooms, 2 full baths, open floor plan, enclosed porch, and chef’s kitchen with stainless appliances; First‑floor kitchen includes a pot filler, beverage cooler, abundant cabinetry, and a stone fireplace in the living area