Remodeled Two-Family
20 Summer St Hudson, MA 01749
20 Summer St, Hudson, MA, 01749
$949,900
For Sale
$949,900
Remodeled two-family home featuring 3-bedroom and 4-bedroom units, plus a third-floor bedroom suite and oversized parking.
Property Size2,874 SF
Price / SF$330.51
Days on Market15
Property Features for 20 Summer St
General Information
- Standard status
- Active
- Size
- 2,874 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Vision
(508) 414-7335
Listed by
Maryann Schelin
(508) 414-7335
Source
Lockandkeyre
Added: Jul 7 Updated: Jul 21 at 10:49AM Checked: Jul 21 at 10:49AM
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 Vision
Investment Insights
Based on property information with market context.
This remodeled two-family residence offers two separate living units with updated finishes and multiple bedroom configurations. Unit 1 includes 3 bedrooms and 2 full bathrooms, with features noted as a bidet and steam shower, along with hardwood floors, a large custom kitchen with new appliances, and an open, bright living room.
Unit 2 provides 4 bedrooms on two levels with 1.5 bathrooms and laminate flooring, plus its own expansive living room and a newly updated appliance kitchen. A separate third-floor bedroom suite adds a sitting room and an additional 1/2 bathroom, suited for flexible use as described in the remarks.
Additional updates are noted, including a $30K electrical update. Oversized parking is also included for resident and guest convenience, and the property is described as a short trek to the town center.
Unit 2 provides 4 bedrooms on two levels with 1.5 bathrooms and laminate flooring, plus its own expansive living room and a newly updated appliance kitchen. A separate third-floor bedroom suite adds a sitting room and an additional 1/2 bathroom, suited for flexible use as described in the remarks.
Additional updates are noted, including a $30K electrical update. Oversized parking is also included for resident and guest convenience, and the property is described as a short trek to the town center.
Key Highlights
- Remodeled 2‑family home (Year Built 1900) with unit 1 featuring 3 BR and 2 full baths, plus hardwood floors
- Unit 1 includes a large custom kitchen with new appliances and an open, bright living room
- Unit 2 offers 4 BR across 2 levels with 1.5 baths, laminate floors, and a separate expansive living room
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 | $91.4k | $31.80 |
| − Vacancy | −$4.5k | −$1.57 |
| EGI | $86.9k | $30.23 |
| − OpEx | −$26.1k | −$9.07 |
| NOI | $60.8k | $21.16 |
2,874 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$868.8K
$760.2K – $1.01M
NOI $60,815 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$816.9K
$714.8K – $953.1K
NOI $57,183 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,098 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Remodeled two-family home featuring 3-bedroom and 4-bedroom units, plus a third-floor bedroom suite and oversized parking.
Where is this duplex located?
The property is located at 20 Summer St Hudson, MA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Remodeled 2‑family home (Year Built 1900) with unit 1 featuring 3 BR and 2 full baths, plus hardwood floors; Unit 1 includes a large custom kitchen with new appliances and an open, bright living room; Unit 2 offers 4 BR across 2 levels with 1.5 baths, laminate floors, and a separate expansive living room
