Renovated Two-Family
386 Main Street Clinton, MA 01510
386 Main Street, Clinton, MA, 01510
$699,000
For Sale
$699,000
Renovated 2-family property with two 3-bedroom units, each featuring in-unit laundry and updated kitchens and baths.
Property Size2,600 SF
Price / SF$268.85
Days on Market55
Property Features for 386 Main Street
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
The Greene Realty Group
Listed by
Derek Greene
(617) 731-4644
Source
Hammondre
Added: May 29 Updated: Jul 21 at 9:31PM Checked: Jul 21 at 9:31PM
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 The Greene Realty Group
Investment Insights
Based on property information with market context.
This beautifully renovated two-family home offers two spacious units, each with three bedrooms and one full bathroom. Both units include in-unit laundry, along with updated kitchens and bathrooms and contemporary finishes.
The property has undergone extensive recent improvements, including a newer roof, siding, windows, insulation, electrical and plumbing systems, heating systems, flooring, fixtures, and appliances. The updates are designed to support modern comfort and energy efficiency.
With two well-appointed apartments in place, the home is positioned for flexible residential use as either an owner-occupied rental or an investor-ready, move-in-ready income property.
The property has undergone extensive recent improvements, including a newer roof, siding, windows, insulation, electrical and plumbing systems, heating systems, flooring, fixtures, and appliances. The updates are designed to support modern comfort and energy efficiency.
With two well-appointed apartments in place, the home is positioned for flexible residential use as either an owner-occupied rental or an investor-ready, move-in-ready income property.
Key Highlights
- Renovated 2‑family home built in 1900 with two spacious units
- Each unit offers 3 bedrooms and 1 full bath
- In‑unit laundry in both units
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 | $51.5k | $19.80 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $50.2k | $19.31 |
| − OpEx | −$15.1k | −$5.79 |
| NOI | $35.1k | $13.52 |
2,600 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$502.1K
$439.3K – $585.8K
NOI $35,146 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$436.9K
$382.3K – $509.8K
NOI $30,586 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$887.9K
$776.9K – $1.04M
NOI $62,150 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated 2-family property with two 3-bedroom units, each featuring in-unit laundry and updated kitchens and baths.
Where is this duplex located?
The property is located at 386 Main Street Clinton, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Renovated 2‑family home built in 1900 with two spacious units; Each unit offers 3 bedrooms and 1 full bath; In‑unit laundry in both units
