Triplex with Detached
For Sale
$849,000
213 Great Rd, Stow, MA 01775
Three-family layout combines a main residence, two apartments, and substantial detached garage space for flexible use.
Property Size3,323 SF
Lot Size1.60 Acres
Price / SF$255.49
Days on Market39
Property Features for 213 Great Rd
General Information
Standard status
Active
Size
3,323 SF
Total Parking Spaces
3
Lot size
1.60 Acres
Property subtype
Residential Income
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$12,930
Listing Agency:
Keller Williams Realty Boston Northwest
(978) 369-5775
Listed By:
Kotlarz Group
(978) 502-5862
Source:
Exprealty
Added: Sep 9
Changed: Oct 10
Last Checked: Oct 16 at 10:34AM
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 Realty Boston Northwest
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Investment Insights
Based on property information with market context.
This 3,323-square-foot triplex sits on a 1.6-acre corner lot and includes a three-bedroom, two-bath main residence alongside two additional apartments. The primary home features an open kitchen with gas cooking, a large peninsula, and a walk-in pantry/mudroom that connects to the family room with a pellet stove. Hardwood floors run through the living and dining room, while an upstairs bedroom opens to a third-floor walk-up loft and bonus room.
A detached two-story garage adds three oversized bays with access from the neighboring side street, providing space for workshops, equipment, storage, or hobbies. The property also has two new septic systems and a large yard. Located near Center School, Masters Academy, Lake Boon, golf courses, community recreation, conservation trails, Lower Village shopping, and commuter rail in Stow.
A detached two-story garage adds three oversized bays with access from the neighboring side street, providing space for workshops, equipment, storage, or hobbies. The property also has two new septic systems and a large yard. Located near Center School, Masters Academy, Lake Boon, golf courses, community recreation, conservation trails, Lower Village shopping, and commuter rail in Stow.
Key Highlights
- 3,323‑square‑foot three‑family property on a 1.6‑acre corner lot
- Main residence offers 3 bedrooms, 2 bathrooms, gas cooking, pantry/mudroom, and pellet stove
- Two additional apartments support flexible living or rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,316
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,406,320
$1.4M
Cap Rate 7%
$1,004,514
$1.0M
Cap Rate 9%
$781,289
$781.3K
Market Conditions
NOI Build-Up for 3,323 SF
Gross rent
$105.7K $31.80/SF
− Vacancy
−$5.2K −$1.57/SF
EGI
$100.5K $30.23/SF
− OpEx
−$30.1K −$9.07/SF
NOI
$70.3K $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%
$1,406,320
Cap Rate 7%
$1,004,514
Cap Rate 9%
$781,289
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$879.0K – $1.17M
NOI $70,316 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$944.5K
$826.5K – $1.10M
NOI $66,116 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,704 @ 7.0% cap · market cap 16.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 01775, MA
7,190
Population
2,761
Households
2.6
Avg Household Size
46
Median Age
77%
College-Educated
99%
High-School Grad
17.3 sq mi
ZIP Area
416
Density / Sq Mi
$177,862
Median Household Income
$82,837
Median Earnings
$1,829
Median Rent
$657,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-family layout combines a main residence, two apartments, and substantial detached garage space for flexible use.
Where is this triplex located?
The property is located at 213 Great Rd Stow, MA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 3,323‑square‑foot three‑family property on a 1.6‑acre corner lot; Main residence offers 3 bedrooms, 2 bathrooms, gas cooking, pantry/mudroom, and pellet stove; Two additional apartments support flexible living or rental use
