Three-Family Corner
355 Main Street Clinton, MA 01510
355 Main Street, Clinton, MA, 01510
$669,900
For Sale
$669,900
Substantial three-unit home on a corner lot with three-bedroom layouts and in-unit laundry hookups.
Property Size4,332 SF
Price / SF$154.64
Days on Market175
Property Features for 355 Main Street
General Information
- Standard status
- Active
- Size
- 4,332 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1900
Listing agency
Redfin Corp.
(617) 340-7803
Listed by
Doreen Lewis · License #9537600
(617) 340-7803
Source
Compass
Added: Jan 27 Updated: Jul 21 at 6:40PM Checked: Jul 21 at 6:40PM
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 Redfin Corp.
Investment Insights
Based on property information with market context.
This three-family residence offers three spacious units, each laid out with three bedrooms and in-unit laundry hook-ups. The property sits on a corner lot and includes a partially fenced yard, along with paved off-street parking for residents.
Located at 355 Main Street in Clinton, MA, the building is positioned for convenient regional travel with rapid access to Route 2, I-495, and I-190, while remaining close to the town’s public amenities.
With three separate residences under one roof and dedicated off-street parking, the property is suited to buyers seeking a multi-unit setup with straightforward unit configurations and practical on-site exterior space.
Located at 355 Main Street in Clinton, MA, the building is positioned for convenient regional travel with rapid access to Route 2, I-495, and I-190, while remaining close to the town’s public amenities.
With three separate residences under one roof and dedicated off-street parking, the property is suited to buyers seeking a multi-unit setup with straightforward unit configurations and practical on-site exterior space.
Key Highlights
- Three‑family residence on a corner lot in Clinton
- Three spacious units with 3‑bedroom layouts and in‑unit laundry hook‑ups
- 3 full baths; interior features include pantry, living room, kitchen, and laundry room
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 | $85.8k | $19.80 |
| − Vacancy | −$2.1k | −$0.49 |
| EGI | $83.7k | $19.31 |
| − OpEx | −$25.1k | −$5.79 |
| NOI | $58.6k | $13.52 |
4,332 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$836.5K
$732.0K – $976.0K
NOI $58,558 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$728.0K
$637.0K – $849.4K
NOI $50,962 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,552 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Substantial three-unit home on a corner lot with three-bedroom layouts and in-unit laundry hookups.
Where is this triplex located?
The property is located at 355 Main Street Clinton, MA.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Three‑family residence on a corner lot in Clinton; Three spacious units with 3‑bedroom layouts and in‑unit laundry hook‑ups; 3 full baths; interior features include pantry, living room, kitchen, and laundry room
