Multifamily Property with Natural
140 Pinehurst Ave Swansea, MA 02777
140 Pinehurst Ave, Swansea, MA, 02777
$445,000
For Sale
$445,000
Practical multifamily layout with natural light and functional room sizes, next to a park and near a school.
Property Size1,320 SF
Price / SF$337.12
Days on Market90
Property Features for 140 Pinehurst Ave
General Information
- Standard status
- Active
- Size
- 1,320 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing agency
Thumbprint Realty, LLC
(857) 241-8105
Listed by
Gaelle Choute-Remilien
(857) 241-8105
Source
Alliancepartnersre
Added: Apr 23 Updated: Jul 20 at 6:46PM Checked: Jul 20 at 6:46PM
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 Thumbprint Realty, LLC
Investment Insights
Based on property information with market context.
This multifamily property at 140 Pinehurst Ave offers a practical layout with comfortable living space. The home features natural light throughout and functional room sizes.
Set in an established neighborhood, the property is next to a park and near a school, with convenient access to local amenities, shopping, dining, and nearby recreational areas, including Swansea Town Beach. Easy access to major routes adds to the day-to-day convenience.
Please note that Title V will need to be completed prior to closing. Schedule a showing to confirm the fit for your needs.
Set in an established neighborhood, the property is next to a park and near a school, with convenient access to local amenities, shopping, dining, and nearby recreational areas, including Swansea Town Beach. Easy access to major routes adds to the day-to-day convenience.
Please note that Title V will need to be completed prior to closing. Schedule a showing to confirm the fit for your needs.
Key Highlights
- Built in 1900
- Practical multifamily layout with natural light throughout
- Functional room sizes
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.8k | $32.40 |
| − Vacancy | −$2.9k | −$2.20 |
| EGI | $39.9k | $30.20 |
| − OpEx | −$17.9k | −$13.59 |
| NOI | $21.9k | $16.61 |
1,320 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$313.2K
$274.0K – $365.4K
NOI $21,923 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$803.9K
$703.4K – $937.8K
NOI $56,270 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Practical multifamily layout with natural light and functional room sizes, next to a park and near a school.
Where is this multifamily property located?
The property is located at 140 Pinehurst Ave Swansea, MA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Built in 1900; Practical multifamily layout with natural light throughout; Functional room sizes
