Duplex with Private
New
For Sale
$679,900
19-21 Moore Ave, Franklin, MA 02038
Each residence has two bedrooms, one and a half baths, and its own parking area.
Property Size1,800 SF
Price / SF$377.72
Days on Market4
Property Features for 19-21 Moore Ave
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1986
Buildings
1
Listing Agency:
Mega Realty Services
(508) 665-4004
Listed By:
Matheus Goncalves · License #9569985
(508) 768-5115
Source:
Lockandkeyre
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 9 at 8:52PM
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 Mega Realty Services
Investment Insights
Based on property information with market context.
This 1,800-square-foot duplex, built in 1986, contains two residences, each with two bedrooms and one and a half bathrooms. The left unit has new flooring, paint, kitchen cabinets, quartz countertops, a bathroom vanity, and a deck. In the right unit, kitchen cabinets, flooring, and quartz counters have been updated; it also has a newer heating system and water heater. The property includes more than half an acre and separate parking for each side, with SFIV zoning.
The Franklin property is less than a mile from the Town Common, Main Street shops and dining, and the Franklin/Dean commuter rail station. The two-unit configuration and unit-specific improvements provide a clear picture of the property’s layout and features.
The Franklin property is less than a mile from the Town Common, Main Street shops and dining, and the Franklin/Dean commuter rail station. The two-unit configuration and unit-specific improvements provide a clear picture of the property’s layout and features.
Key Highlights
- Two‑unit duplex with 1,800 square feet; built in 1986
- Each unit has 2 bedrooms and 1.5 bathrooms
- More than half an acre of land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,244
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,880
$644.9K
Cap Rate 7%
$460,629
$460.6K
Cap Rate 9%
$358,267
$358.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$48.6K $27.00/SF
− Vacancy
−$2.5K −$1.41/SF
EGI
$46.1K $25.59/SF
− OpEx
−$13.8K −$7.68/SF
NOI
$32.2K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,880
Cap Rate 7%
$460,629
Cap Rate 9%
$358,267
Alternative Uses
Best Use
Multifamily LT 5
$460.6K
$403.1K – $537.4K
NOI $32,244 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$425.0K
$371.9K – $495.8K
NOI $29,750 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 02038, MA
33,261
Population
12,889
Households
2.6
Avg Household Size
41
Median Age
56%
College-Educated
97%
High-School Grad
26.6 sq mi
ZIP Area
1,250
Density / Sq Mi
$142,788
Median Household Income
$67,728
Median Earnings
$1,856
Median Rent
$567,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one and a half baths, and its own parking area.
Where is this duplex located?
The property is located at 19-21 Moore Ave Franklin, MA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,800 square feet; built in 1986; Each unit has 2 bedrooms and 1.5 bathrooms; More than half an acre of land
