Building Details

Year Built 1971

Listing Agency: Lawton Real Estate,Inc

Listed By: Mary L. Lawton Show Phone

Source: Littlefieldre

Added: Oct 5 Changed: Oct 10 Last Checked: Oct 11 at 9:19AM

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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 Lawton Real Estate,Inc

Investment Insights

Based on property information with market context.

This 2,725-square-foot duplex, built in 1971, includes a main residence with two bedrooms, a full bath, a half bath, kitchen, dining room, and living spaces. The main house also has a lower-level living area with a kitchen, dining area, sitting room, bedroom, full bath, and walkout access. A separate east-side unit includes two bedrooms, a full bath, an eat-in kitchen, and a living room. Laundry connections or equipment are provided in both units, and the property has gas heating and cooling, two garages, patios, decks, gardens, and a circular driveway.

The property is 100 steps from Horn Pond. Many windows face the pond, and the grounds include substantial parking and private outdoor areas.

Key Highlights

• 2,725‑square‑foot duplex built in 1971
• Legal two‑family property with an accessory unit in the main house
• Main residence includes a two‑bedroom unit and a lower‑level one‑bedroom living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$57,662

Cap Rate

5.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,153,240 $1.2M

Cap Rate 7%

$823,743 $823.7K

Cap Rate 9%

$640,689 $640.7K

Market Conditions

NOI Build-Up for 2,725 SF

Gross rent

$86.7K $31.80/SF

− Vacancy

−$4.3K −$1.57/SF

EGI

$82.4K $30.23/SF

− OpEx

−$24.7K −$9.07/SF

NOI

$57.7K $21.16/SF

Area

Middlesex County, MA

Vacancy

4.94%

Lease Rate

$31.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,153,240

Cap Rate 7%

$823,743

Cap Rate 9%

$640,689

Alternative Uses

Best Use

Multifamily LT 5

$823.7K

$720.8K – $961.0K (±1% cap)

NOI $57,662 @ 7.0% cap · market cap 5.07%

Second Best

Apartment 5plus

$774.5K

$677.7K – $903.6K (±1% cap)

NOI $54,218 @ 7.0% cap · market cap 4.76%

Theoretical Best

Office A

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $112,923 @ 7.0% cap · market cap 9.92%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Accounting Firm Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

596

Businesses Nearby

Explore this area Business Placement

Demographics for 01801, MA

40,891

Population

16,982

Households

2.4

Avg Household Size

41

Median Age

47%

College-Educated

94%

High-School Grad

12.7 sq mi

ZIP Area

3,220

Density / Sq Mi

$107,754

Median Household Income

$60,637

Median Earnings

$2,190

Median Rent

$641,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Multiple living areas, two garages, and outdoor spaces support a flexible residential configuration near Horn Pond.

Where is this duplex located?

The property is located at 39 Buckman Street Woburn, MA.

What is the asking price?

The asking price for this property is $1,138,000.

What are key features of this property?

This property features: 2,725‑square‑foot duplex built in 1971; Legal two‑family property with an accessory unit in the main house; Main residence includes a two‑bedroom unit and a lower‑level one‑bedroom living area