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Updated Side-by-Side Duplex

33 Pleasant Street, Deerfield, MA 01373

For Sale
New
$499,900

Two three-bedroom residences offer separate utilities, individual laundry, and distinct outdoor areas.

Property Size2,490 SF
Price / SF$200.76
Days on Market3

Property Features for 33 Pleasant Street

General Information

Standard status Active
Size 2,490 SF
Property subtype Residential Income
Zoning CI

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1.5BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $6,151

Amenities

laundry
back porches
fenced yard
Stone/Granite/Solid Counters
Bathroom With Tub & Shower
Open Floorplan
Remodeled
Internet Available - Broadband
Bathroom with Shower Stall
Living Room
Kitchen
Laundry Room
Rain Gutters
Garden

Building Details

Building Size 2,490 SF
Year Built 1880
Buildings 1
Stories 4
Units 2
Listing Agency: Fitzgerald Real Estate
Listed By: Corinne A. Fitzgerald · License MA #449000270
Source: Joanieschwartzrealestate
Added: Nov 11 Last Checked: Nov 13 at 8:01AM

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 Fitzgerald Real Estate

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Investment Insights

Based on property information with market context.

This side-by-side duplex contains 2,490 square feet, with three bedrooms and living and dining areas in each residence. One unit has two full bathrooms; the other has one full bath and a half bath. Both include laundry, updated kitchens and bathrooms, and separate utilities. Natural gas serves the heating and hot water systems. Improvements include a newer roof, added insulation, and replacement flooring, doors, trim, and woodwork in much of the property. Glass doors lead to separate rear porches.

The property occupies just over half an acre and has a fully fenced backyard. A large aluminum Quonset-style garage provides vehicle, workshop, hobby, and storage space. Deerfield Elementary School and athletic fields are next to the property, with Frontier Regional School a short walk away. K–12 schools are within walking distance, and trains passing through South Deerfield can be viewed from the property.

Key Highlights

  • Side‑by‑side duplex with 3 bedrooms in each unit
  • 2,490 square feet; one unit has 2 full baths and the other has 1.5 baths
  • Separate utilities, laundry in both units, and natural gas heat and hot water

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,566
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,320 $731.3K
Cap Rate 7%
$522,371 $522.4K
Cap Rate 9%
$406,289 $406.3K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$55.3K $22.20/SF
− Vacancy
−$3.0K −$1.22/SF
EGI
$52.2K $20.98/SF
− OpEx
−$15.7K −$6.29/SF
NOI
$36.6K $14.69/SF
Area
Franklin County, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,320
Cap Rate 7%
$522,371
Cap Rate 9%
$406,289

Alternative Uses

Best Use
Multifamily LT 5
$522.4K
$457.1K – $609.4K (±1% cap)
NOI $36,566 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$472.3K
$413.3K – $551.0K (±1% cap)
NOI $33,062 @ 7.0% cap · market cap 6.61%
Theoretical Best
Healthcare Medical
$1.03M
$903.5K – $1.20M (±1% cap)
NOI $72,277 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 01373, MA

4,526
Population
2,344
Households
1.9
Avg Household Size
49
Median Age
42%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
196
Density / Sq Mi
$102,578
Median Household Income
$61,563
Median Earnings
$1,351
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences offer separate utilities, individual laundry, and distinct outdoor areas.
Where is this duplex located?
The property is located at 33 Pleasant Street Deerfield, MA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 3 bedrooms in each unit; 2,490 square feet; one unit has 2 full baths and the other has 1.5 baths; Separate utilities, laundry in both units, and natural gas heat and hot water
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