Duplex Residence with Accessory
For Sale
$1,399,900
20-A High St, Wilmington, MA 01887
Flexible two-residence layout with private entrances, separate laundry areas, and garage space for both living areas.
Property Size4,376 SF
Price / SF$319.90
Days on Market52
Property Features for 20-A High St
General Information
Standard status
Active
Size
4,376 SF
Total Parking Spaces
11
Property subtype
Residential Income
Zoning
Res
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,917
Amenities
fenced-in backyard
separate laundry facilities
sunroom
Central Air, Window Unit(s), Ceiling Fan(s)
Baseboard, Oil, Electric
Full
Range, Dishwasher, Microwave
Walk-In Closet(s), Ceiling Fan(s), Storage, Central Vacuum
Wood Burning
Paved, Off Street
Balcony
Building Details
Building Size
4,376 SF
Year Built
1990
Stories
4
Construction
Cape
Listing Agency:
RE/MAX Encore
Listed By:
The Parker Group
(978) 886-3737
Source:
Evrealestate
Added: Sep 8
Changed: Oct 28
Last Checked: Oct 26 at 4:01PM
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 RE/MAX Encore
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Investment Insights
Based on property information with market context.
This 1990 duplex property provides approximately 4,376 square feet across a primary residence and a separate accessory apartment. The main home includes four bedrooms, an office, dining room, kitchen, family room, sunroom, and a mudroom with built-in storage. It also includes a private two-car garage and multiple areas for daily living or entertaining.
The accessory apartment has its own entrance and includes a kitchen, living room, dining area, office, laundry, one-and-a-half bathrooms, and a private one-car garage. Additional property features include separate laundry facilities, a fenced backyard, and flexible space for extended household use or guests. The property is located near Interstate 93, the commuter rail, shopping, dining, and other Wilmington amenities.
The accessory apartment has its own entrance and includes a kitchen, living room, dining area, office, laundry, one-and-a-half bathrooms, and a private one-car garage. Additional property features include separate laundry facilities, a fenced backyard, and flexible space for extended household use or guests. The property is located near Interstate 93, the commuter rail, shopping, dining, and other Wilmington amenities.
Key Highlights
- Approximately 4,376 square feet of living space
- Four‑bedroom main residence with office, sunroom, family room, and mudroom
- Separate accessory apartment with private entrance, office, laundry, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,598
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,960
$1.9M
Cap Rate 7%
$1,322,829
$1.3M
Cap Rate 9%
$1,028,867
$1.0M
Market Conditions
NOI Build-Up for 4,376 SF
Gross rent
$139.2K $31.80/SF
− Vacancy
−$6.9K −$1.57/SF
EGI
$132.3K $30.23/SF
− OpEx
−$39.7K −$9.07/SF
NOI
$92.6K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,960
Cap Rate 7%
$1,322,829
Cap Rate 9%
$1,028,867
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,598 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $87,068 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$2.59M
$2.27M – $3.02M
NOI $181,340 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
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Business Placement
Demographics for 01887, MA
23,349
Population
8,032
Households
2.9
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
17.0 sq mi
ZIP Area
1,373
Density / Sq Mi
$161,473
Median Household Income
$73,770
Median Earnings
$2,412
Median Rent
$646,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-residence layout with private entrances, separate laundry areas, and garage space for both living areas.
Where is this duplex located?
The property is located at 20-A High St Wilmington, MA.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: Approximately 4,376 square feet of living space; Four‑bedroom main residence with office, sunroom, family room, and mudroom; Separate accessory apartment with private entrance, office, laundry, and 1.5 bathrooms
