Two-Unit Residential Income
319 Central Avenue, Seekonk, MA 02771
Two well-appointed units offer flexible rental layouts, plus a 3-bay garage and a refinished basement with full bath.
Type:Multi-family
Property size:
4,000 SFPrice / SF:
$207/SF- Added:
- Apr 14, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 21 at 2:13 am
Property Features for 319 Central Avenue
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1911
Listing office Keller Williams Elite
Listing date Apr 14, 2026
Source Demakis
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 Keller Williams Elite
HighLights
- Two‑unit property built in 1911 with versatile layouts and flexible rental potential
- Each unit offers 3 bedrooms and 2 bathrooms, plus one additional unit layout with 3 bedrooms and 1 bathroom
- 9‑foot ceilings and replacement windows with an added sprinkler system throughout
- Set on a lot with a brick driveway and a 3‑bay garage for parking and storage
- Recently refinished basement with a full bath, exterior access, storage, tile and carpet flooring, and exposed brick accents
Overview
This meticulous two-unit property features a thoughtfully detailed interior and a flexible layout designed for residential income use. Each unit provides three bedrooms, with one unit offering two bathrooms and the other offering one bathroom. Throughout the home are replacement windows, 9-foot ceilings, an installed sprinkler system, and abundant natural light. Outside, the brick driveway adds character and practicality, and a 3-bay garage provides convenient off-street parking and storage. A recently refinished basement adds additional living flexibility, including a full bath, exterior access, built-in storage, and finishes such as tile and carpet with exposed brick accents.
Located just off Rt 152 in North Seekonk on the Rhode Island side, the property is positioned near shopping and other daily conveniences. The address is 319 Central Avenue, Seekonk, MA 02771.
For tenants or buyers seeking a multi-unit setup, this configuration supports straightforward day-to-day living across both units while keeping extra space accessible through the basement’s exterior entry and full bath. The combination of multiple bedrooms, garage capacity, and finished basement space can help accommodate a range of resident needs within one cohesive property.
Located just off Rt 152 in North Seekonk on the Rhode Island side, the property is positioned near shopping and other daily conveniences. The address is 319 Central Avenue, Seekonk, MA 02771.
For tenants or buyers seeking a multi-unit setup, this configuration supports straightforward day-to-day living across both units while keeping extra space accessible through the basement’s exterior entry and full bath. The combination of multiple bedrooms, garage capacity, and finished basement space can help accommodate a range of resident needs within one cohesive property.
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 | $110.4k | $27.60 |
| − Vacancy | −$8.3k | −$2.07 |
| EGI | $102.1k | $25.53 |
| − OpEx | −$30.6k | −$7.66 |
| NOI | $71.5k | $17.87 |
4,000 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$893.6K – $1.19M
NOI $71,484 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$949.0K
$830.4K – $1.11M
NOI $66,433 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,515 @ 7.0% cap · market cap 20.55%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Seekonk
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.3273396
- Latitude
- 41.8930053
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two well-appointed units offer flexible rental layouts, plus a 3-bay garage and a refinished basement with full bath.
Where is this duplex located?
The property is located at 319 Central Avenue Seekonk, MA.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Two‑unit property built in 1911 with versatile layouts and flexible rental potential; Each unit offers 3 bedrooms and 2 bathrooms, plus one additional unit layout with 3 bedrooms and 1 bathroom; 9‑foot ceilings and replacement windows with an added sprinkler system throughout
