Vacant Two-Family with
For Sale
$474,900
18 Old Dudley Rd, Oxford, MA 01540
Vacant duplex with separate living spaces, a backyard, ample parking, and an oversized two-car garage.
Property Size2,301 SF
Price / SF$206.39
Days on Market53
Property Features for 18 Old Dudley Rd
General Information
Standard status
Active
Size
2,301 SF
Property subtype
2 Family - 2 Units Side by Side
Building Details
Building Size
2,301 SF
Year Built
1950
Listing Agency:
Real Broker MA, LLC
(508) 365-3532
Listed By:
Jim Black Group
(314) 325-6474
Source:
Iverty
Added: Sep 10
Changed: Oct 31
Last Checked: Oct 30 at 4:32PM
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 Real Broker MA, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant two-family property contains 2,301 square feet and offers distinct layouts across two residential units. The larger unit includes a living room, kitchen, formal dining room, two bedrooms, hardwood floors, ceiling fans, and a full bathroom. The second residence is a first-floor one-bedroom apartment with a living room, kitchen, and enclosed porch. Both units are currently unoccupied, allowing the next owner to determine the preferred occupancy strategy.
The property also includes a backyard, ample parking, and an oversized two-car garage. A septic system installed in 2020 and an asphalt and rubber roof completed in 2021 add notable recent improvements. Built in 1950, the property is located at 18 Old Dudley Rd near Oxford Center, with access to Routes 12 and 20 and I-395. Local shopping, dining, and everyday amenities are nearby, with commuting routes toward Worcester and Connecticut.
The property also includes a backyard, ample parking, and an oversized two-car garage. A septic system installed in 2020 and an asphalt and rubber roof completed in 2021 add notable recent improvements. Built in 1950, the property is located at 18 Old Dudley Rd near Oxford Center, with access to Routes 12 and 20 and I-395. Local shopping, dining, and everyday amenities are nearby, with commuting routes toward Worcester and Connecticut.
Key Highlights
- Two‑family property with 2,301 square feet
- Both residential units are vacant
- Unit 1 offers two bedrooms, formal dining, hardwood floors, and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,104
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,080
$622.1K
Cap Rate 7%
$444,343
$444.3K
Cap Rate 9%
$345,600
$345.6K
Market Conditions
NOI Build-Up for 2,301 SF
Gross rent
$45.6K $19.80/SF
− Vacancy
−$1.1K −$0.49/SF
EGI
$44.4K $19.31/SF
− OpEx
−$13.3K −$5.79/SF
NOI
$31.1K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,080
Cap Rate 7%
$444,343
Cap Rate 9%
$345,600
Alternative Uses
Best Use
Multifamily LT 5
$444.3K
$388.8K – $518.4K
NOI $31,104 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$386.7K
$338.4K – $451.2K
NOI $27,069 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$785.8K
$687.5K – $916.7K
NOI $55,003 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 01540, MA
11,032
Population
4,337
Households
2.5
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
19.1 sq mi
ZIP Area
578
Density / Sq Mi
$118,389
Median Household Income
$52,248
Median Earnings
$1,135
Median Rent
$346,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant duplex with separate living spaces, a backyard, ample parking, and an oversized two-car garage.
Where is this duplex located?
The property is located at 18 Old Dudley Rd Oxford, MA.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Two‑family property with 2,301 square feet; Both residential units are vacant; Unit 1 offers two bedrooms, formal dining, hardwood floors, and a full bathroom
