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    Somerset Two-Family Home Title is generated by Realmo AI

    192 Butler St, Somerset, MA 02725

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    For Sale
    $499,000

    Move-in ready two-family home in desirable Somerset location.

    Type:2 Family - 2 Units Up/Down
    Property size:
    1,470 SF
    Price / SF:
    $339/SF
    Added:
    Apr 8, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 20 at 7:09 pm

    Property Features for 192 Butler St

    General Information

    Standard status
    Active
    Size
    1,470 SF
    Property subtype
    2 Family - 2 Units Up/Down

    Building Details

    Year Built
    1912

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    Listing Contact
    Zechariah Stockbarger

    Listing agent Zechariah Stockbarger

    Listing office Keller Williams South Watuppa

    Listing date Apr 8, 2026

    Source Lockandkeyre

    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 Keller Williams South Watuppa

    HighLights

    • Only two‑family property available in Somerset.
    • Move‑in ready and vacant.
    • Updated features including a brand new emergency egress for the upstairs apartment.
    • Desirable corner lot with a sizable fenced‑in yard.
    • Conveniently located close to the highway and shopping areas.
    • Residential setting on a corner lot, set back from main street traffic.

    Overview

    This two-family home is located in Somerset. It is currently the only one on the market in Somerset. The property is move-in ready, vacant, and fairly updated. Situated on a corner lot, the property includes a sizable fenced-in yard. A new emergency egress has been built for the upstairs apartment, representing one of the updates to the 2-unit building. The property is conveniently located close to the highway and shopping areas. Despite its proximity to amenities, the property maintains a residential feel, situated on the corner of a side street away from traffic. The property size is 1470 square feet.

    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 $40.6k $27.60
    − Vacancy −$3.0k −$2.07
    EGI $37.5k $25.53
    − OpEx −$11.3k −$7.66
    NOI $26.3k $17.87
    1,470 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $375.3K
    $328.4K – $437.8K (±1% cap)
    NOI $26,270 @ 7.0% cap · market cap 5.26%
    Second Best
    Apartment 5plus
    $348.8K
    $305.2K – $406.9K (±1% cap)
    NOI $24,414 @ 7.0% cap · market cap 4.89%
    Theoretical Best
    Office A
    $895.2K
    $783.3K – $1.04M (±1% cap)
    NOI $62,664 @ 7.0% cap · market cap 12.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1800585
    Latitude
    41.7273134

    FAQs

    What type of property is this?
    Duplex - Move-in ready two-family home in desirable Somerset location.
    Where is this duplex located?
    The property is located at 192 Butler St Somerset, MA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Only two‑family property available in Somerset.; Move‑in ready and vacant.; Updated features including a brand new emergency egress for the upstairs apartment.
    More about this property
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