Three-Unit Triplex with Off-Street
For Sale
$699,000
Pending
15 Leonard Street, North Attleboro, MA 02760
Three residences combine two-bedroom and one-bedroom layouts, with kitchens, living areas, and dining space.
Property Size2,592 SF
Days on Market12
Property Features for 15 Leonard Street
General Information
Standard status
Pending
Size
2,592 SF
Total Parking Spaces
5
Property subtype
Residential Income
Zoning
R10
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,360
Amenities
Living Room
Dining Room
Kitchen
Building Details
Building Size
2,592 SF
Year Built
1900
Stories
3
Units
3
Listing Agency:
C. Walsh Realty, Inc.
Listed By:
Diane Fasulo
(508) 695-3500
Source:
Fayesimonrealestate
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 29 at 7:12PM
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 C. Walsh Realty, Inc.
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Investment Insights
Based on property information with market context.
This R10-zoned triplex contains 2,592 square feet across three units and was built in 1900. Units 1 and 2 each have two bedrooms, one bathroom, a kitchen, living room, and dining room. The third residence has one bedroom, one bathroom, a large open kitchen and dining area, a living room, and a large closet.
Five off-street parking spaces are available, with additional on-street parking. The property is near the town center and a GATRA bus line. The water and sewer line between the house and street was replaced in 2026, and the driveway was redone approximately five years ago. Current tenants have expressed a desire to remain.
Five off-street parking spaces are available, with additional on-street parking. The property is near the town center and a GATRA bus line. The water and sewer line between the house and street was replaced in 2026, and the driveway was redone approximately five years ago. Current tenants have expressed a desire to remain.
Key Highlights
- Three units: two with 2 bedrooms and 1 bathroom each; one with 1 bedroom and 1 bathroom
- 2,592 square feet; built in 1900
- R10 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,322
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,440
$926.4K
Cap Rate 7%
$661,743
$661.7K
Cap Rate 9%
$514,689
$514.7K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$71.5K $27.60/SF
− Vacancy
−$5.4K −$2.07/SF
EGI
$66.2K $25.53/SF
− OpEx
−$19.9K −$7.66/SF
NOI
$46.3K $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%
$926,440
Cap Rate 7%
$661,743
Cap Rate 9%
$514,689
Alternative Uses
Best Use
Multifamily LT 5
$661.7K
$579.0K – $772.0K
NOI $46,322 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$615.0K
$538.1K – $717.5K
NOI $43,049 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,494 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
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Business Placement
Demographics for 02760, MA
28,716
Population
12,359
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,595
Density / Sq Mi
$109,350
Median Household Income
$63,501
Median Earnings
$1,386
Median Rent
$458,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences combine two-bedroom and one-bedroom layouts, with kitchens, living areas, and dining space.
Where is this triplex located?
The property is located at 15 Leonard Street North Attleboro, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three units: two with 2 bedrooms and 1 bathroom each; one with 1 bedroom and 1 bathroom; 2,592 square feet; built in 1900; R10 zoning
