Side-by-Side Two-Family
2 Mathurin Road Plainville, MA 02762
New
For Sale
$699,900
Side-by-side two-family residence featuring remodeled kitchens, separate living spaces, and two units with 1.5 baths apiece.
Property Size2,244 SF
Price / SF$311.90
Days on Market7
Property Features for 2 Mathurin Road
General Information
- Standard status
- Active
- Size
- 2,244 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1976
Listing Agency:
Century 21 Custom Home Realty
Listed By:
Janet Childs
(617) 262-1470
Source:
Fairfieldrealtyboston
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 26 at 11:46PM
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 Century 21 Custom Home Realty
Investment Insights
Based on property information with market context.
This well-maintained side-by-side two-family home offers two separate living spaces, each with its own remodeled kitchen featuring modern cabinetry, updated countertops, and contemporary finishes. The larger unit includes 3 bedrooms and 1.5 baths, while the second unit offers 2 bedrooms and 1.5 baths, providing flexibility for owner-occupancy or rental use. Bright interiors and well-designed layouts are ready to enjoy.
Externally, the property features a classic brick front with low-maintenance vinyl siding. Recent improvements include a repaved driveway and a newer roof.
Located at 2 Mathurin Road in Plainville, MA, the home is being offered for sale with showings beginning at the Open House, presenting a straightforward opportunity to own a two-family property with distinct unit separation.
Externally, the property features a classic brick front with low-maintenance vinyl siding. Recent improvements include a repaved driveway and a newer roof.
Located at 2 Mathurin Road in Plainville, MA, the home is being offered for sale with showings beginning at the Open House, presenting a straightforward opportunity to own a two-family property with distinct unit separation.
Key Highlights
- Side‑by‑side two‑family home built in 1976 with separate living spaces for two units
- Unit mix: one 3‑bedroom / 1.5‑bath unit and one 2‑bedroom / 1.5‑bath unit
- Remodeled kitchens in both units with modern cabinetry, updated countertops, and contemporary finishes
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 | $60.6k | $27.00 |
| − Vacancy | −$3.2k | −$1.41 |
| EGI | $57.4k | $25.59 |
| − OpEx | −$17.2k | −$7.68 |
| NOI | $40.2k | $17.91 |
2,244 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$574.3K
$502.5K – $670.0K
NOI $40,198 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$529.8K
$463.6K – $618.2K
NOI $37,089 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,991 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Side-by-side two-family residence featuring remodeled kitchens, separate living spaces, and two units with 1.5 baths apiece.
Where is this duplex located?
The property is located at 2 Mathurin Road Plainville, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Side‑by‑side two‑family home built in 1976 with separate living spaces for two units; Unit mix: one 3‑bedroom / 1.5‑bath unit and one 2‑bedroom / 1.5‑bath unit; Remodeled kitchens in both units with modern cabinetry, updated countertops, and contemporary finishes
