214-216 River Road East, Berlin, MA 01503
Two residential units plus a large garage workshop, supported by newer mechanicals and replacement windows under RA zoning.
- Added:
- Jun 4, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 10 at 3:03 am
Property Features for 214-216 River Road East
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Lot size
- 3.41 Acres
- Property subtype
- 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1960
Listing agent Karen McKiernan (617) 413-4808
Listing office Realty Executives Boston West (617) 413-4808
Listing date Jun 4, 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 Realty Executives Boston West
HighLights
- Two‑family property built in 1960 with 2 condominium units and a large garage with very large workshop area
- Set on 3.41 contiguous acres with extensive frontage on two lots
- Unit 1: 3 bed, 2 bath home plus bonus room, delivered vacant
- Unit 2: 2 bed, 1 bath plus bonus room, currently occupied by a long‑term tenant
- Newer heating and central A/C systems, replacement windows, and a newer septic system
- RA (Residential Agricultural) zoning for multi‑use potential
Overview
The home sits on two contiguous lots totaling 3.41 acres with extensive frontage. It is zoned RA (Residential Agricultural). The property is located just minutes from downtown Hudson and major commuter routes, supporting both residential use and potential multi-use planning consistent with the zoning.
For owner-occupants, the vacant Unit 1 can provide flexibility to live in one unit while using the second for rental income. Investors will find a duplex configuration with one unit occupied by a long-term tenant and a garage/workshop that can support storage or business-related needs, subject to applicable zoning and permitted uses.
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 | $67.3k | $19.80 |
| − Vacancy | −$1.7k | −$0.49 |
| EGI | $65.7k | $19.31 |
| − OpEx | −$19.7k | −$5.79 |
| NOI | $46.0k | $13.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.5854882
- Latitude
- 42.3841571
