Two-Unit Duplex with
33 Prospect Street, Templeton, MA 01436
For Sale
$399,000
Two separate residences offer distinct floor plans, with one unit on each level.
Property Size2,104 SF
Price / SF$189.64
Days on Market139
Property Features for 33 Prospect Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
deck
farmer's porch
No
Tile, Vinyl, Carpet
Range, Refrigerator
2.0
Electric Dryer Hookup, Washer Hookup
Walk Out, Dirt Floor, Unfinished Basement
2
2.00
Frame
Rubber
Gentle Sloping
Shed(s)
Porch, Deck - Wood
Building Details
Year Built
Buildings
Listing Agency:
Restart Realty
Listed By:
Marlene Im · License MA #9522751
(617) 880-9521
Source:
Compass
Added: Jun 28
Changed: Nov 11
Last Checked: Nov 12 at 9:36AM
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 Restart Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,104-square-foot duplex, built in 1900, contains two residences. The first-floor unit has one bedroom, a full bathroom, an eat-in kitchen, and a living room with a slider opening onto a wood deck. Upstairs, the second unit provides two bedrooms, a full bathroom, and an eat-in kitchen. Both kitchens have siltstone countertops and new stainless steel appliances. A farmer’s porch and unfinished basement are also part of the property.
Key Highlights
- 2,104‑square‑foot duplex with two residential units
- First‑floor unit has 1 bedroom and 1 full bathroom; second‑floor unit has 2 bedrooms and 1 full bathroom
- Both kitchens feature siltstone countertops and new stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,441
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,820
$568.8K
Cap Rate 7%
$406,300
$406.3K
Cap Rate 9%
$316,011
$316.0K
Market Conditions
NOI Build-Up for 2,104 SF
Gross rent
$41.7K $19.80/SF
− Vacancy
−$1.0K −$0.49/SF
EGI
$40.6K $19.31/SF
− OpEx
−$12.2K −$5.79/SF
NOI
$28.4K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,820
Cap Rate 7%
$406,300
Cap Rate 9%
$316,011
Alternative Uses
Best Use
Multifamily LT 5
$406.3K
$355.5K – $474.0K
NOI $28,441 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$353.6K
$309.4K – $412.5K
NOI $24,751 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$718.5K
$628.7K – $838.2K
NOI $50,294 @ 7.0% cap · market cap 12.61%
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
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 01436, MA
3,208
Population
1,331
Households
2.4
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
9.0 sq mi
ZIP Area
356
Density / Sq Mi
$88,421
Median Household Income
$54,688
Median Earnings
$1,109
Median Rent
$308,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct floor plans, with one unit on each level.
Where is this duplex located?
The property is located at 33 Prospect Street Templeton, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,104‑square‑foot duplex with two residential units; First‑floor unit has 1 bedroom and 1 full bathroom; second‑floor unit has 2 bedrooms and 1 full bathroom; Both kitchens feature siltstone countertops and new stainless steel appliances
