Three-Unit Multifamily
For Sale
$549,000
36 Orne Street, North Attleboro, MA 02760
Two one-bedroom apartments and one two-bedroom apartment provide a defined residential unit mix.
Property Size1,701 SF
Price / SF$322.75
Days on Market13
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Property Features for 36 Orne Street
General Information
Standard status
Active
Size
1,701 SF
Property subtype
Multi-family
Units
Unit Mix
2 x 1BR, 1 x 2BR
Multifamily Units
3
Building Details
Year Built
1920
Listing Agency:
Keller Williams Elite
Listed By:
Carole Harrington · License #449551401
(774) 360-2809
Source:
Trufantre
Added: Oct 3
Changed: Oct 15
Last Checked: Oct 14 at 11:11PM
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 1920-built multifamily property contains three apartments: two with one bedroom and one with two bedrooms. Kitchen and bathroom updates have been completed, providing updated elements within the existing units.
The property is in downtown North Attleboro, within walking distance of local restaurants, coffee shops, retail shops, and other amenities.
The property is in downtown North Attleboro, within walking distance of local restaurants, coffee shops, retail shops, and other amenities.
Key Highlights
- Three apartments: two one‑bedroom units and one two‑bedroom unit
- Built in 1920
- Kitchen and bathroom updates have been completed
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
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two one-bedroom apartments and one two-bedroom apartment provide a defined residential unit mix.
Where is this triplex located?
The property is located at 36 Orne Street 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; Built in 1920; Kitchen and bathroom updates have been completed
