Three-Family Residential Income
39-41 Green Street Hudson, MA 01749
39-41 Green Street, Hudson, MA, 01749
$825,000
For Sale
$825,000
Three separate two-bedroom, one-bath units with in-unit laundry and separate utilities, plus parking for 6+.
Property Size3,661 SF
Price / SF$225.35
Days on Market69
Property Features for 39-41 Green Street
General Information
- Standard status
- Active
- Size
- 3,661 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Parsons Commercial Group,Inc.
Listed by
Alex Wood
(978) 658-2345
Source
Wilsonwolfe
Added: May 14 Updated: Jul 21 at 6:43AM Checked: Jul 21 at 6:43AM
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 Parsons Commercial Group,Inc.
Investment Insights
Based on property information with market context.
This well-maintained three-family residential income property offers three spacious two-bedroom, one-bath apartments. Each unit is separately metered and features in-unit laundry. Off-street parking is available for 6+ vehicles between two paved driveways.
The owner has completed several recent capital improvements, including replacement of three water heaters in 2026 and replacement of the second roof in 2025. The property is currently tenant-occupied, with tenants listed as TAW.
The building’s configuration supports both investment and owner-user use, with three independent units and dedicated metering in place for each apartment.
The owner has completed several recent capital improvements, including replacement of three water heaters in 2026 and replacement of the second roof in 2025. The property is currently tenant-occupied, with tenants listed as TAW.
The building’s configuration supports both investment and owner-user use, with three independent units and dedicated metering in place for each apartment.
Key Highlights
- Three‑family property in the town of Hudson with three spacious 2‑bedroom, 1‑bath units
- Each unit is separately metered with in‑unit laundry
- Parking for 6+ cars between two paved driveways
Local Financial Insights For Apartment 5plus
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 | $139.7k | $38.16 |
| − Vacancy | −$7.3k | −$1.98 |
| EGI | $132.4k | $36.18 |
| − OpEx | −$59.6k | −$16.28 |
| NOI | $72.8k | $19.90 |
3,661 SF · lease $38.16/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$968.4K – $1.29M
NOI $77,468 @ 7.0% cap · market cap 9.39%
Second Best
Apartment 5plus
$1.04M
$910.5K – $1.21M
NOI $72,842 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,711 @ 7.0% cap · market cap 18.39%
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 - Three separate two-bedroom, one-bath units with in-unit laundry and separate utilities, plus parking for 6+.
Where is this triplex located?
The property is located at 39-41 Green Street Hudson, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three‑family property in the town of Hudson with three spacious 2‑bedroom, 1‑bath units; Each unit is separately metered with in‑unit laundry; Parking for 6+ cars between two paved driveways
