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Two-Unit Home with Detached Garage
For Sale
$550,000
Pending

299 S Main St, Attleboro, MA 02703

Two residences feature dining rooms, spacious kitchens, and interior access to front and rear stairwells.

Property Size2,092 SF
Days on Market62

Property Features for 299 S Main St

General Information

Standard status Pending
Size 2,092 SF
Property subtype 2 Family - 2 Units Up/Down

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

detached garage
storage shed
backyard

Building Details

Building Size 2,092 SF
Year Built 1910
Buildings 1
Listing Agency: Conway - Mansfield
Listed By: Nancy Lamothe
Source: Iverty
Added: Aug 5 Changed: Oct 4 Last Checked: Oct 4 at 9:42AM

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 Conway - Mansfield

Investment Insights

Based on property information with market context.

This 2,092-square-foot duplex, built in 1910, contains two residential units with matching two-bedroom layouts. Each residence includes a living room, separate dining room, spacious kitchen, and interior access to front and rear stairwells. A 2023 roof update is also noted.

The property includes a detached garage that can accommodate covered parking or storage, along with a separate shed for tools, equipment, and seasonal belongings. Outdoor space is provided by the backyard, which supports gardening, recreation, or general outdoor use.

Located at 299 S Main St in Attleboro, the home is near shopping, dining, schools, parks, major routes, and public transportation.

Key Highlights

  • 2,092‑square‑foot duplex with two residential units
  • Each unit includes 2 bedrooms, a living room, dining room, and spacious kitchen
  • Detached garage provides covered parking or additional storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,386
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,720 $747.7K
Cap Rate 7%
$534,086 $534.1K
Cap Rate 9%
$415,400 $415.4K
Market Conditions
NOI Build-Up for 2,092 SF
Gross rent
$57.7K $27.60/SF
− Vacancy
−$4.3K −$2.07/SF
EGI
$53.4K $25.53/SF
− OpEx
−$16.0K −$7.66/SF
NOI
$37.4K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,720
Cap Rate 7%
$534,086
Cap Rate 9%
$415,400

Alternative Uses

Best Use
Multifamily LT 5
$534.1K
$467.3K – $623.1K (±1% cap)
NOI $37,386 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$496.3K
$434.3K – $579.1K (±1% cap)
NOI $34,744 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M (±1% cap)
NOI $89,179 @ 7.0% cap · market cap 16.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Skin Care Clinic Spa & Massage Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 02703, MA

46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences feature dining rooms, spacious kitchens, and interior access to front and rear stairwells.
Where is this duplex located?
The property is located at 299 S Main St Attleboro, MA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,092‑square‑foot duplex with two residential units; Each unit includes 2 bedrooms, a living room, dining room, and spacious kitchen; Detached garage provides covered parking or additional storage
More about this property
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