Two-Unit Duplex with
New
For Sale
$500,000
27 Mechanic Street, Foxboro, MA 02035
Separate residences provide two bedrooms and one bath on the first floor, plus one bedroom and one bath upstairs.
Property Size1,440 SF
Price / SF$347.22
Days on Market6
Property Features for 27 Mechanic Street
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-family
Property Condition
Severity
Repairs Needed
Evidence
some TLC
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Listing Agency:
Mega Realty Services
Listed By:
Matheus Goncalves · License #9569985
(508) 665-4004
Source:
Trufantre
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 9 at 9:29PM
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 Mega Realty Services
Investment Insights
Based on property information with market context.
This 1,440-square-foot duplex, built in 1900, contains two residences. The first-floor unit has two bedrooms, one bathroom, a kitchen, and a living room; the upper unit has one bedroom and one bathroom. Improvements include a second-floor deck, egress, hardwood flooring in portions of the home, and a four-bedroom septic system installed in 2026. Zoning is R15.
Two driveways provide off-street parking, and the property includes a private backyard. The Foxboro address is near restaurants, shops, parks, and recreation, with access to Routes 1, 95, and 495.
Two driveways provide off-street parking, and the property includes a private backyard. The Foxboro address is near restaurants, shops, parks, and recreation, with access to Routes 1, 95, and 495.
Key Highlights
- Two residences: first‑floor unit with 2 bedrooms and 1 bath; upper unit with 1 bedroom and 1 bath
- 1,440 square feet; built in 1900
- Four‑bedroom septic system installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,795
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,900
$515.9K
Cap Rate 7%
$368,500
$368.5K
Cap Rate 9%
$286,611
$286.6K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$38.9K $27.00/SF
− Vacancy
−$2.0K −$1.41/SF
EGI
$36.9K $25.59/SF
− OpEx
−$11.1K −$7.68/SF
NOI
$25.8K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,900
Cap Rate 7%
$368,500
Cap Rate 9%
$286,611
Alternative Uses
Best Use
Multifamily LT 5
$368.5K
$322.4K – $429.9K
NOI $25,795 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$340.0K
$297.5K – $396.7K
NOI $23,800 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$852.5K
$745.9K – $994.6K
NOI $59,673 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 02035, MA
18,618
Population
7,414
Households
2.5
Avg Household Size
42
Median Age
58%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
936
Density / Sq Mi
$108,559
Median Household Income
$62,457
Median Earnings
$1,763
Median Rent
$581,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide two bedrooms and one bath on the first floor, plus one bedroom and one bath upstairs.
Where is this duplex located?
The property is located at 27 Mechanic Street Foxboro, MA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences: first‑floor unit with 2 bedrooms and 1 bath; upper unit with 1 bedroom and 1 bath; 1,440 square feet; built in 1900; Four‑bedroom septic system installed in 2026
