Duplex with Finished Third-Level
New
For Sale
$750,000
32 Carleton Street, Whitman, MA 02382
Two separate driveways and laundry in each unit support practical day-to-day use.
Property Size3,441 SF
Lot Size0.28 Acres
Price / SF$217.96
Days on Market6
Property Features for 32 Carleton Street
General Information
Standard status
Active
Size
3,441 SF
Lot size
0.28 Acres
Property subtype
Multi-family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
laundry
covered porch
upper-level deck
large yard
basement
storage shed
off-street parking
Building Details
Year Built
1910
Listing Agency:
Ryan Realty Group LLC
Listed By:
Patrick Ryan · License #9564942
(774) 283-1355
Source:
Ballowhutchinsonrealestate
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 10 at 1:24AM
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 Ryan Realty Group LLC
Investment Insights
Based on property information with market context.
This 3,441-square-foot duplex, built in 1910, includes two living units and a finished third level with a kitchen, bedroom, and full bathroom. Laundry is provided in both units, which are separately metered. The property also has a basement, storage shed, covered porch, upper-level deck, and yard on approximately 0.28 acres.
Whitman Center, local shops and restaurants, Whitman Park, and commuter rail are nearby. The property will convey vacant.
Whitman Center, local shops and restaurants, Whitman Park, and commuter rail are nearby. The property will convey vacant.
Key Highlights
- Two‑unit property with 3,441 square feet
- Finished third level includes a kitchen, bedroom, and full bath
- Both units have laundry and separate meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,154
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,080
$1.2M
Cap Rate 7%
$830,771
$830.8K
Cap Rate 9%
$646,156
$646.2K
Market Conditions
NOI Build-Up for 3,441 SF
Gross rent
$87.7K $25.50/SF
− Vacancy
−$4.7K −$1.36/SF
EGI
$83.1K $24.14/SF
− OpEx
−$24.9K −$7.24/SF
NOI
$58.2K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,080
Cap Rate 7%
$830,771
Cap Rate 9%
$646,156
Alternative Uses
Best Use
Multifamily LT 5
$830.8K
$726.9K – $969.2K
NOI $58,154 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$765.7K
$670.0K – $893.3K
NOI $53,597 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,594 @ 7.0% cap · market cap 19.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 02382, MA
15,121
Population
6,031
Households
2.5
Avg Household Size
41
Median Age
29%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
2,191
Density / Sq Mi
$107,794
Median Household Income
$53,875
Median Earnings
$1,785
Median Rent
$456,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate driveways and laundry in each unit support practical day-to-day use.
Where is this duplex located?
The property is located at 32 Carleton Street Whitman, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑unit property with 3,441 square feet; Finished third level includes a kitchen, bedroom, and full bath; Both units have laundry and separate meters
