Braintree Two-Family
31-33 Fountain Street, Braintree, MA 02184
New
MULTI_FAMILY - Braintree, MA
Property size:
2,128 SFLot size:
0.11 AcresPrice / SF:
$317/SF- Added:
- May 27, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 2 at 7:06 am
Property Features for 31-33 Fountain Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 6
- Parking
- 4
- Standard status
- Active
- APN
- 13014
- Size
- 2,128 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6962
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
Listing agent Al Styles (781) 924-5766
Listing office Keller Williams Realty Signature Properties 171 Washington Street, Hanover, MA (781) 924-5766
Listing date May 27, 2026
MLS# 73525326
Listing URL
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.
HighLights
- Convenient location near highway, MBTA Red Line, shopping, and restaurants.
- Two‑family home with potential for rental income or owner‑occupancy.
- Each unit has three bedrooms.
- Updated bathrooms in both units.
- Separate gas and electric meters, plus 200 amp service for each unit.
- First‑floor unit features hardwood floors, newer kitchen cabinets, and rear deck access.
Overview
This two-family home in Braintree presents an opportunity for investors or owner-occupants. Each unit features three bedrooms. The first-floor unit includes hardwood floors throughout, a large eat-in kitchen with newer cabinets and appliances, and an updated bathroom with a new shower, vanity, and tilework. It also has rear deck access and an enclosed porch. The upstairs unit's kitchen is functional but may need updating. This unit also has access to a walk-up attic, which might lend itself nicely to future expansion, and its bathroom has been updated with a new shower, vanity, and tilework. Each unit has its own enclosed porch. The large walk-out basement offers storage and a washer/dryer for tenant use. The property has 200 amp service for each unit, and both the gas and electric are metered separately. The property is conveniently located near the highway, MBTA Red Line, shopping, and restaurants. The lot size is 0.1148 acres, and the property size is 2128 square feet.
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 | $57.5k | $27.00 |
| − Vacancy | −$3.0k | −$1.41 |
| EGI | $54.5k | $25.59 |
| − OpEx | −$16.3k | −$7.68 |
| NOI | $38.1k | $17.91 |
2,128 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.6K
$476.5K – $635.3K
NOI $38,120 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$502.5K
$439.7K – $586.2K
NOI $35,172 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,184 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Braintree
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -70.995938
- Latitude
- 42.202153
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Affordable two-family home near highway, MBTA, shopping, and restaurants.
Where is this duplex located?
The property is located at 31-33 Fountain Street Braintree, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Convenient location near highway, MBTA Red Line, shopping, and restaurants.; Two‑family home with potential for rental income or owner‑occupancy.; Each unit has three bedrooms.
