Two-Family Duplex with
303 Washington Street Winchester, MA 01890
303 Washington Street, Winchester, MA, 01890
$1,375,000
For Sale
$1,375,000
Two spacious one-level units with seven rooms each, including sunrooms, updated baths, and a private landscaped yard.
Property Size5,047 SF
Price / SF$272.44
Days on Market56
Property Features for 303 Washington Street
General Information
- Standard status
- Active
- Size
- 5,047 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1916
Listing agency
Compass
Listed by
Kim Covino & Co. Team
(617) 262-6200
Source
Cabotandcompany
Added: May 27 Updated: Jul 21 at 1:01AM Checked: Jul 21 at 7:05AM
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 Compass
Investment Insights
Based on property information with market context.
Meticulously maintained two-family duplex with nicely updated interiors. Each spacious one-level unit features seven rooms, including three large bedrooms, a living room with a fireplace, a dining room with wainscoting, a sunroom, and a kitchen with updated baths. Period details such as high ceilings, oversized windows, and original woodwork are complemented by thoughtful updates throughout.
Set in the heart of Winchester, the property is close to town, schools, shops, restaurants, and commuter rail. Outside, enjoy a private landscaped back yard shaded by mature trees, suited for relaxing or outdoor gatherings.
With two one-level apartments and a layout designed around generous living spaces, this property can fit investors, owner-occupants seeking an income unit, or multi-generational living.
Set in the heart of Winchester, the property is close to town, schools, shops, restaurants, and commuter rail. Outside, enjoy a private landscaped back yard shaded by mature trees, suited for relaxing or outdoor gatherings.
With two one-level apartments and a layout designed around generous living spaces, this property can fit investors, owner-occupants seeking an income unit, or multi-generational living.
Key Highlights
- Two‑family home built in 1916 with two spacious one‑level units
- Each unit has seven rooms, including 3 large bedrooms, living room with fireplace, and dining room with wainscoting
- Units also include a sunroom and a kitchen, plus updated baths
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 | $160.5k | $31.80 |
| − Vacancy | −$7.9k | −$1.57 |
| EGI | $152.6k | $30.23 |
| − OpEx | −$45.8k | −$9.07 |
| NOI | $106.8k | $21.16 |
5,047 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.33M – $1.78M
NOI $106,796 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$1.43M
$1.26M – $1.67M
NOI $100,418 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$2.99M
$2.61M – $3.49M
NOI $209,146 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two spacious one-level units with seven rooms each, including sunrooms, updated baths, and a private landscaped yard.
Where is this duplex located?
The property is located at 303 Washington Street Winchester, MA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Two‑family home built in 1916 with two spacious one‑level units; Each unit has seven rooms, including 3 large bedrooms, living room with fireplace, and dining room with wainscoting; Units also include a sunroom and a kitchen, plus updated baths
