Fully Renovated Duplex
403-405 Reedsdale Road Milton, MA 02186
403-405 Reedsdale Road, Milton, MA, 02186
$1,575,000
For Sale
$1,575,000
2016-renovated duplex with stainless appliances, granite counters, first-floor laundry, and an unfinished basement for storage or expansion.
Property Size3,216 SF
Price / SF$489.74
Days on Market475
Property Features for 403-405 Reedsdale Road
General Information
- Standard status
- Active
- Size
- 3,216 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Kelley & Rege Properties,Inc.
Listed by
Paul Rege
(617) 262-6200
Source
Cabotandcompany
Added: Apr 4, 2025 Updated: Jul 20 at 10:17PM Checked: Jul 21 at 7:06AM
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 Kelley & Rege Properties,Inc.
Investment Insights
Based on property information with market context.
This fully renovated 2016 duplex offers 5 rooms with 3 bedrooms and 2.5 baths. The first floor includes a spacious kitchen with stainless steel appliances and granite countertops, an open living and dining area, and first-floor laundry. On the second floor, there are 2 bedrooms and 2 full baths, and the third-floor bedroom features a walk-in closet. The property also includes a generous yard and an unfinished basement that can be used for storage or potential expansion.
The duplex is positioned for convenient highway access and is located near Milton Academy and public schools. It is also close to The Blue Hills’ scenic trails, Cunningham Park’s ballfields and pool, and East Milton Square’s dining and shopping at Abby Park, Novara, The Fruit Center, The Cue, and Nutshell.
Overall, the layout combines multiple full baths with in-unit laundry on the main level, while the unfinished basement adds flexibility for additional storage or future build-out.
The duplex is positioned for convenient highway access and is located near Milton Academy and public schools. It is also close to The Blue Hills’ scenic trails, Cunningham Park’s ballfields and pool, and East Milton Square’s dining and shopping at Abby Park, Novara, The Fruit Center, The Cue, and Nutshell.
Overall, the layout combines multiple full baths with in-unit laundry on the main level, while the unfinished basement adds flexibility for additional storage or future build-out.
Key Highlights
- 2016 renovated duplex with 5 rooms, 3 bedrooms, and 2.5 baths
- Stainless steel appliances and granite countertops in the spacious kitchen
- First‑floor laundry plus an open living/dining area
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 | $86.8k | $27.00 |
| − Vacancy | −$4.5k | −$1.41 |
| EGI | $82.3k | $25.59 |
| − OpEx | −$24.7k | −$7.68 |
| NOI | $57.6k | $17.91 |
3,216 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$823.0K
$720.1K – $960.2K
NOI $57,610 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$759.3K
$664.4K – $885.9K
NOI $53,154 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,270 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - 2016-renovated duplex with stainless appliances, granite counters, first-floor laundry, and an unfinished basement for storage or expansion.
Where is this duplex located?
The property is located at 403-405 Reedsdale Road Milton, MA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 2016 renovated duplex with 5 rooms, 3 bedrooms, and 2.5 baths; Stainless steel appliances and granite countertops in the spacious kitchen; First‑floor laundry plus an open living/dining area
