Historic Two-Unit
New
For Sale
$574,900
14 West St, East Bridgewater, MA 02333
MULTI_FAMILY - East Bridgewater, MA
Property Size1,873 SF
Lot Size0.14 Acres
Price / SF$306.94
Days on Market5
Property Features for 14 West St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
100
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1
Parking
8
Directions
wazeapp, googlemaps
Standard status
Active
APN
M:22 P:43,1006808
Size
1,873 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6175
Building Details
Year built
1898
Floors in Building
3
Number of units
2
Listing Agency:
RE/MAX Synergy · RE/MAX International
(508) 857-5392
Listed By:
Luis B Martins
(508) 857-5392
Added: Aug 4
Changed: Aug 8
Last Checked: Aug 8 at 4:06PM
MLS# 73558950
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex occupies a 1,873-square-foot property originally constructed in 1898 as a fire station and later adapted for residential use. The first-floor residence contains two bedrooms and one bathroom, while the upper-level unit provides one bedroom, one bathroom, and a private entrance. Both residences will be delivered vacant, allowing the next owner to occupy one unit, lease both, or use the entire property for residential needs.
The property is set on 0.144 acres at 14 West St in East Bridgewater, Massachusetts. Shopping, restaurants, schools, parks, and major commuter routes are described as being minutes away, while the immediate setting is a quiet residential street. The property is identified with zoning designation 100 and is located in Plymouth County.
The property is set on 0.144 acres at 14 West St in East Bridgewater, Massachusetts. Shopping, restaurants, schools, parks, and major commuter routes are described as being minutes away, while the immediate setting is a quiet residential street. The property is identified with zoning designation 100 and is located in Plymouth County.
Key Highlights
- Two‑unit duplex with 2‑bedroom and 1‑bedroom residences
- Both units delivered vacant
- Upper‑level apartment has a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,654
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,080
$633.1K
Cap Rate 7%
$452,200
$452.2K
Cap Rate 9%
$351,711
$351.7K
Market Conditions
NOI Build-Up for 1,873 SF
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.
Gross rent
$47.8K $25.50/SF
− Vacancy
−$2.5K −$1.36/SF
EGI
$45.2K $24.14/SF
− OpEx
−$13.6K −$7.24/SF
NOI
$31.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,080
Cap Rate 7%
$452,200
Cap Rate 9%
$351,711
Alternative Uses
Best Use
Multifamily LT 5
$452.2K
$395.7K – $527.6K
NOI $31,654 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$416.8K
$364.7K – $486.2K
NOI $29,174 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.11M
$970.2K – $1.29M
NOI $77,617 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 02333, MA
14,382
Population
5,165
Households
2.8
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
836
Density / Sq Mi
$128,679
Median Household Income
$53,850
Median Earnings
$1,566
Median Rent
$474,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Vacant delivery includes separate residences with flexible owner-occupancy and leasing options.
Where is this duplex located?
The property is located at 14 West St East Bridgewater, MA.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom and 1‑bedroom residences; Both units delivered vacant; Upper‑level apartment has a private entrance
