Turnkey Two-Family
New
For Sale
$574,900
19 East Rd, Westminster, MA 01473
Renovated two-family home with modern kitchens, in-unit laundry, and off-street parking for owner-occupants or investors.
Property Size1,800 SF
Price / SF$319.39
Days on Market3
Property Features for 19 East Rd
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Residential Income
Amenities
stainless steel appliances
quartz countertops
luxury vinyl plank flooring
in-unit laundry
Building Details
Building Size
1,800 SF
Year Built
1966
Year Renovated
2024
Tenancy
Multi
Listing Agency:
StartPoint Realty
(774) 287-0405
Listed By:
Sharon Ridley · License #9579459
Source:
Laerrealty
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 3:32AM
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 StartPoint Realty
Investment Insights
Based on property information with market context.
This turnkey two-family home was renovated in 2024 and is ready for owner-occupants or investors seeking a low-maintenance setup. The property offers two units, each with modern kitchens featuring stainless steel appliances and quartz countertops, luxury vinyl plank flooring, in-unit laundry, and forced hot air heat. Improvements include a new roof, vinyl siding, and energy-efficient windows. Off-street parking is also available, supporting day-to-day convenience.
The home is located just minutes from Route 2, with commuting access to the Wachusett commuter rail that is less than a 10-minute commute. For recreation, the area offers four-season options including Wachusett Mountain and Wyman Pond, and Great Wolf Lodge nearby.
Built in 1966 and offered as a two-family residence, the layout supports a live-in-and-rent approach or rental income for investors, with substantial interior updates completed as part of the 2024 renovation.
The home is located just minutes from Route 2, with commuting access to the Wachusett commuter rail that is less than a 10-minute commute. For recreation, the area offers four-season options including Wachusett Mountain and Wyman Pond, and Great Wolf Lodge nearby.
Built in 1966 and offered as a two-family residence, the layout supports a live-in-and-rent approach or rental income for investors, with substantial interior updates completed as part of the 2024 renovation.
Key Highlights
- Renovated in 2024 with modern kitchens, quartz countertops, and stainless steel appliances
- In‑unit laundry and forced hot air heat in both units
- New roof, vinyl siding, and energy‑efficient windows
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 | $35.6k | $19.80 |
| − Vacancy | −$880 | −$0.49 |
| EGI | $34.8k | $19.31 |
| − OpEx | −$10.4k | −$5.79 |
| NOI | $24.3k | $13.52 |
1,800 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.6K
$304.2K – $405.5K
NOI $24,332 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K
NOI $21,175 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$614.7K
$537.8K – $717.1K
NOI $43,027 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 01473, MA
8,213
Population
3,469
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
232
Density / Sq Mi
$101,161
Median Household Income
$61,078
Median Earnings
$1,643
Median Rent
$394,000
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 - Renovated two-family home with modern kitchens, in-unit laundry, and off-street parking for owner-occupants or investors.
Where is this duplex located?
The property is located at 19 East Rd Westminster, MA.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Renovated in 2024 with modern kitchens, quartz countertops, and stainless steel appliances; In‑unit laundry and forced hot air heat in both units; New roof, vinyl siding, and energy‑efficient windows
