Updated Two-Unit
For Sale
$510,000
Pending
262 Oak Street, Clinton, MA 01510
Residential Income, Clinton, MA
Property Size1,896 SF
Lot Size0.11 Acres
Days on Market46
Property Features for 262 Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Parking
8
Elementary school
Clinton Elementary School
Middle school
Clinton Middle School
High school
Clinton High School
Directions
Boylston St (62) St to Oak St. Or use GPS.
Standard status
Pending
APN
3308137
Size
1,896 SF
Lot size
0.11 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5636
Amenities
gazebo
fire pit
enclosed porches
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty Boston Northwest
Listed By:
Christina Hill
(978) 369-5775
Added: Sep 16
Changed: Oct 24
Last Checked: Oct 31 at 3:06PM
MLS# 73577728
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,896-square-foot duplex, built in 1910, contains two residential units with a two-bedroom first-floor layout and a three-bedroom upper-level layout. Interior improvements include luxury vinyl plank flooring, granite kitchen countertops, a renovated first-floor bathroom, and an updated upper-level bathroom. Enclosed porches on both levels add supplemental indoor space.
The property occupies 0.1148 acres and includes a two-car garage, gazebo, and fire pit. Recent property updates include a new roof, interior painting, updated flooring, two boilers installed in 2022, and updated hot water heaters. The first-floor unit currently produces rental income, while the leased solar panels are to be assumed by the buyer. The property is located in Clinton, Massachusetts, and is zoned R1.
The property occupies 0.1148 acres and includes a two-car garage, gazebo, and fire pit. Recent property updates include a new roof, interior painting, updated flooring, two boilers installed in 2022, and updated hot water heaters. The first-floor unit currently produces rental income, while the leased solar panels are to be assumed by the buyer. The property is located in Clinton, Massachusetts, and is zoned R1.
Key Highlights
- Two‑unit duplex with 1,896 square feet of building area
- Unit layout includes three bedrooms upstairs and two bedrooms on the first floor
- Two‑car garage plus enclosed porches on both levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,629
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,580
$512.6K
Cap Rate 7%
$366,129
$366.1K
Cap Rate 9%
$284,767
$284.8K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$37.5K $19.80/SF
− Vacancy
−$927 −$0.49/SF
EGI
$36.6K $19.31/SF
− OpEx
−$11.0K −$5.79/SF
NOI
$25.6K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,580
Cap Rate 7%
$366,129
Cap Rate 9%
$284,767
Alternative Uses
Best Use
Multifamily LT 5
$366.1K
$320.4K – $427.2K
NOI $25,629 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$318.6K
$278.8K – $371.7K
NOI $22,304 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$647.5K
$566.5K – $755.4K
NOI $45,322 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
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Business Placement
Demographics for 01510, MA
15,428
Population
7,017
Households
2.2
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
5.7 sq mi
ZIP Area
2,707
Density / Sq Mi
$93,849
Median Household Income
$49,815
Median Earnings
$1,353
Median Rent
$348,000
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 - R1-zoned duplex with separate two- and three-bedroom units, enclosed porches, and a detached two-car garage.
Where is this duplex located?
The property is located at 262 Oak Street Clinton, MA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,896 square feet of building area; Unit layout includes three bedrooms upstairs and two bedrooms on the first floor; Two‑car garage plus enclosed porches on both levels
