Three-Unit Multifamily
For Sale
$549,000
36 Orne St, North Attleboro, MA 02760
Updated kitchens and bathrooms complement a mix of one- and two-bedroom residences.
Property Size1,701 SF
Days on Market9
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Property Features for 36 Orne St
General Information
Standard status
Active
Size
1,701 SF
Property subtype
3 Family
Units
Unit Mix
2 x 1BR, 1 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,268
Building Details
Building Size
1,701 SF
Year Built
1920
Listing Agency:
Keller Williams Elite
Listed By:
Carole Harrington · License #449551401
(774) 360-2809
Source:
Allisonmazer
Added: Oct 7
Changed: Oct 14
Last Checked: Oct 15 at 7:32AM
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
Investment Insights
Based on property information with market context.
This 1,701-square-foot triplex contains three apartments: two with one bedroom each and one with two bedrooms. Kitchen and bathroom updates have been completed, and the building dates to 1920.
The property is at 36 Orne St in downtown North Attleboro, within walking distance of coffee shops, restaurants, and retail shops.
The property is at 36 Orne St in downtown North Attleboro, within walking distance of coffee shops, restaurants, and retail shops.
Key Highlights
- Three apartments: two one‑bedroom units and one two‑bedroom unit
- 1,701 square feet in a building constructed in 1920
- Kitchen and bathroom updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,399
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,980
$608.0K
Cap Rate 7%
$434,271
$434.3K
Cap Rate 9%
$337,767
$337.8K
Market Conditions
NOI Build-Up for 1,701 SF
Gross rent
$46.9K $27.60/SF
− Vacancy
−$3.5K −$2.07/SF
EGI
$43.4K $25.53/SF
− OpEx
−$13.0K −$7.66/SF
NOI
$30.4K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,980
Cap Rate 7%
$434,271
Cap Rate 9%
$337,767
Alternative Uses
Best Use
Multifamily LT 5
$434.3K
$380.0K – $506.7K
NOI $30,399 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$403.6K
$353.1K – $470.9K
NOI $28,251 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,512 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 02760, MA
28,716
Population
12,359
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,595
Density / Sq Mi
$109,350
Median Household Income
$63,501
Median Earnings
$1,386
Median Rent
$458,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Updated kitchens and bathrooms complement a mix of one- and two-bedroom residences.
Where is this triplex located?
The property is located at 36 Orne St North Attleboro, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three apartments: two one‑bedroom units and one two‑bedroom unit; 1,701 square feet in a building constructed in 1920; Kitchen and bathroom updates
