Duplex with 10-Stall
18 Tyler Ave, East Wareham, MA 02571
For Sale
$1,349,900
Commercial Strip zoning accompanies a separate, separately metered apartment attached to the main residence.
Property Size3,312 SF
Price / SF$407.58
Days on Market25
Property Features for 18 Tyler Ave
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
wood-burning fireplace
sunroom
hot tub
whole-house generator
barn
outdoor shower
Building Details
Buildings
Listing Agency:
eXp Realty LLC
(888) 854-7493
Listed By:
Julie Johnson · License #451502572
(508) 525-6523
Source:
Exprealty
Added: Oct 14
Changed: Nov 6
Last Checked: Nov 6 at 1:55PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This 3,312-square-foot duplex includes a three-bedroom, two-bath main residence and an attached apartment with two bedrooms and one bath. The apartment is separately metered. Hardwood floors, a partially finished basement, a sunroom with a hot tub, and a whole-house generator are among the residential features. The property also has a 10-stall barn, two garage outbuildings, three sheds, and an outdoor shower.
Set on nearly 10 acres at 18 Tyler Ave in E Wareham, the property is zoned Commercial Strip.
Set on nearly 10 acres at 18 Tyler Ave in E Wareham, the property is zoned Commercial Strip.
Key Highlights
- 3,312 square feet on nearly 10 acres
- Main residence has 3 bedrooms and 2 full baths
- Attached, separately metered apartment with 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,974
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,480
$1.1M
Cap Rate 7%
$799,629
$799.6K
Cap Rate 9%
$621,933
$621.9K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$84.5K $25.50/SF
− Vacancy
−$4.5K −$1.36/SF
EGI
$80.0K $24.14/SF
− OpEx
−$24.0K −$7.24/SF
NOI
$56.0K $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 Rate 5%
$1,119,480
Cap Rate 7%
$799,629
Cap Rate 9%
$621,933
Alternative Uses
Best Use
Multifamily LT 5
$799.6K
$699.7K – $932.9K
NOI $55,974 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$737.0K
$644.9K – $859.8K
NOI $51,588 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,248 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
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Business Placement
Demographics for 02571, MA
10,858
Population
6,205
Households
1.7
Avg Household Size
51
Median Age
32%
College-Educated
90%
High-School Grad
18.7 sq mi
ZIP Area
581
Density / Sq Mi
$87,302
Median Household Income
$56,282
Median Earnings
$1,427
Median Rent
$422,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Plymouth County, MA
Properties on Market for Duplexes in Plymouth County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Commercial Strip zoning accompanies a separate, separately metered apartment attached to the main residence.
Where is this duplex located?
The property is located at 18 Tyler Ave East Wareham, MA.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: 3,312 square feet on nearly 10 acres; Main residence has 3 bedrooms and 2 full baths; Attached, separately metered apartment with 2 bedrooms and 1 bath
