Duplex with Attached
New
For Sale
$699,900
36 Spruce St, Middleboro, MA 02344
Two separate living spaces offer flexibility for extended household use or rental occupancy.
Property Size2,382 SF
Price / SF$293.83
Days on Market2
Property Features for 36 Spruce St
General Information
Standard status
Active
Size
2,382 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Zoning
gux
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,307
Building Details
Building Size
2,382 SF
Year Built
1800
Stories
3
Listing Agency:
Boston Realty Advisors
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Oct 4
Last Checked: Oct 4 at 2:11PM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
This duplex pairs a two-level main residence with an attached two-bedroom accessory dwelling unit. Both units have remodeled kitchens with stainless steel appliances and renovated bathrooms; hardwood flooring has been installed or refinished throughout. The 2,382-square-foot property also includes a large barn that can serve as storage or workshop space, along with parking for more than eight vehicles.
The property is located near shopping, dining, schools, and highway access, and sits 8 miles from Middleboro center. Built in 1800, it is zoned GUX.
The property is located near shopping, dining, schools, and highway access, and sits 8 miles from Middleboro center. Built in 1800, it is zoned GUX.
Key Highlights
- Attached two‑bedroom ADU alongside a two‑level main residence
- Both units feature remodeled kitchens with stainless steel appliances
- Renovated bathrooms and new or refinished hardwood floors in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,257
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,140
$805.1K
Cap Rate 7%
$575,100
$575.1K
Cap Rate 9%
$447,300
$447.3K
Market Conditions
NOI Build-Up for 2,382 SF
Gross rent
$60.7K $25.50/SF
− Vacancy
−$3.2K −$1.36/SF
EGI
$57.5K $24.14/SF
− OpEx
−$17.3K −$7.24/SF
NOI
$40.3K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,140
Cap Rate 7%
$575,100
Cap Rate 9%
$447,300
Alternative Uses
Best Use
Multifamily LT 5
$575.1K
$503.2K – $671.0K
NOI $40,257 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$530.0K
$463.8K – $618.4K
NOI $37,102 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M
NOI $98,709 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces offer flexibility for extended household use or rental occupancy.
Where is this duplex located?
The property is located at 36 Spruce St Middleboro, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Attached two‑bedroom ADU alongside a two‑level main residence; Both units feature remodeled kitchens with stainless steel appliances; Renovated bathrooms and new or refinished hardwood floors in both units
