Well-Maintained Two-Family
183 Pleasant St Grafton, MA 01560
183 Pleasant St, Grafton, MA, 01560
$799,000
Pending
For Sale
$799,000
Pending
Immaculate two-family home with updated kitchens and baths, hardwood floors, screened porches, and a walk-up attic for storage.
Property Size3,024 SF
Lot Size1.50 Acres
Days on Market81
Property Features for 183 Pleasant St
General Information
- Standard status
- Pending
- Size
- 3,024 SF
- Lot size
- 1.50 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing agency
Castinetti Realty Group
(508) 330-7344
Listed by
Dawn Szczygiel
(508) 330-7344
Source
Lockandkeyre
Added: May 2 Updated: Jul 20 at 9:13PM Checked: Jul 21 at 3:10AM
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 Castinetti Realty Group
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex offers strong curb appeal and comfortable interior living space. The home features gleaming hardwood floors, high ceilings, and abundant natural light, along with updated kitchens and baths. Both units include very large bedrooms, and there is an original pantry storage area. Additional space includes two level screened and enclosed porches, a 764 sf walk-up attic, and extra storage in the basement.
The property sits on a picturesque 1.5-acre lot with gardens available for planting and a stone patio designed for outdoor relaxing and entertaining.
Overall, the residence combines character and condition with substantial indoor storage and well-sized outdoor areas, making it a practical option for an owner-occupant or an investor seeking a clean, move-in-ready income property.
The property sits on a picturesque 1.5-acre lot with gardens available for planting and a stone patio designed for outdoor relaxing and entertaining.
Overall, the residence combines character and condition with substantial indoor storage and well-sized outdoor areas, making it a practical option for an owner-occupant or an investor seeking a clean, move-in-ready income property.
Key Highlights
- Two‑family home built in 1930 with gleaming hardwood floors, high ceilings, and abundant natural light
- Updated kitchens and baths listed as pristine
- Very large bedrooms plus an original pantry storage area
Local Financial Insights For Multifamily LT 5
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 | $59.9k | $19.80 |
| − Vacancy | −$1.5k | −$0.49 |
| EGI | $58.4k | $19.31 |
| − OpEx | −$17.5k | −$5.79 |
| NOI | $40.9k | $13.52 |
3,024 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$584.0K
$511.0K – $681.3K
NOI $40,877 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$508.2K
$444.7K – $592.9K
NOI $35,574 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.03M
$903.6K – $1.20M
NOI $72,286 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Immaculate two-family home with updated kitchens and baths, hardwood floors, screened porches, and a walk-up attic for storage.
Where is this duplex located?
The property is located at 183 Pleasant St Grafton, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family home built in 1930 with gleaming hardwood floors, high ceilings, and abundant natural light; Updated kitchens and baths listed as pristine; Very large bedrooms plus an original pantry storage area
