Two-Unit Duplex with Detached
291 N Main St, North Brookfield, MA 01535
For Sale
$389,900
Two residential units offer matching two-bedroom, one-bath layouts and recent interior and exterior improvements.
Property Size2,009 SF
Price / SF$194.08
Days on Market96
Property Features for 291 N Main St
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Highway Access
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
ERA Key Realty Services- Auburn
(508) 832-5831
Listed By:
Joshua Hoffsommer
(774) 200-0913
Source:
Lockandkeyre
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 8 at 6:59AM
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 ERA Key Realty Services- Auburn
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Investment Insights
Based on property information with market context.
This duplex at 291 N Main St comprises two residential units, each arranged with two bedrooms and one full bathroom. The property dates to 1845 and includes a detached two-car garage, a spacious yard, and approximately 2,000 square feet of living space. Recent work includes bathroom updates, newer windows, gutters, thermostats, and a garage door opener.
The property is situated in North Brookfield near local shops, restaurants, schools, parks, and major routes. Its two-unit configuration, off-street garage parking, storage or workshop space, and outdoor area provide a practical setup for residential occupancy and rental use.
The property is situated in North Brookfield near local shops, restaurants, schools, parks, and major routes. Its two-unit configuration, off-street garage parking, storage or workshop space, and outdoor area provide a practical setup for residential occupancy and rental use.
Key Highlights
- Two residential units, each with 2 bedrooms and 1 full bath
- Approximately 2,000 square feet of living space
- Detached 2‑car garage with parking, storage, or workshop potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,157
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,140
$543.1K
Cap Rate 7%
$387,957
$388.0K
Cap Rate 9%
$301,744
$301.7K
Market Conditions
NOI Build-Up for 2,009 SF
Gross rent
$39.8K $19.80/SF
− Vacancy
−$983 −$0.49/SF
EGI
$38.8K $19.31/SF
− OpEx
−$11.6K −$5.79/SF
NOI
$27.2K $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%
$543,140
Cap Rate 7%
$387,957
Cap Rate 9%
$301,744
Alternative Uses
Best Use
Multifamily LT 5
$388.0K
$339.5K – $452.6K
NOI $27,157 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$337.6K
$295.4K – $393.9K
NOI $23,634 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$686.0K
$600.3K – $800.4K
NOI $48,023 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 01535, MA
4,735
Population
2,163
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
21.3 sq mi
ZIP Area
222
Density / Sq Mi
$81,010
Median Household Income
$55,393
Median Earnings
$973
Median Rent
$316,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching two-bedroom, one-bath layouts and recent interior and exterior improvements.
Where is this duplex located?
The property is located at 291 N Main St North Brookfield, MA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 full bath; Approximately 2,000 square feet of living space; Detached 2‑car garage with parking, storage, or workshop potential
