Multi-Family Residence with Legal
41 First Parish Road Scituate, MA 02066
41 First Parish Road, Scituate, MA, 02066
$1,295,000
Pending
For Sale
$1,295,000
Pending
MULTI_FAMILY - Scituate, MA
Property Size4,601 SF
Lot Size0.47 Acres
Days on Market48
Property Features for 41 First Parish Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res.
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 2
- Parking
- 10
- Fireplace
- 1
- Standard status
- Pending
- APN
- 1169428
- Size
- 4,601 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11419
Building Details
- Year built
- 1973
- Floors in Building
- 4
- Number of units
- 2
Listing Agency
Keller Williams Realty Signature Properties
(781) 924-5766
171 Washington Street, Hanover, MA
Listed by
Al Styles
(781) 924-5766
Added: Jun 2 Checked: Jul 19 at 6:06 pm
MLS# 73528054
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Impeccably cared for over the years, this multi-family residence offers a generous main home configuration with four large bedrooms, including two with ensuites, plus an additional 1.5 bathrooms. Interior space is laid out for everyday living with a sun room, a large kitchen, and a combined family and living/dining area. Outdoors, enjoy a large private backyard with lush trees and gardens. There is also a legal apartment featuring its own parking and entrance, making the property well-suited to shared living or rental use. Storage needs are supported by a two-car oversized garage with extensive storage and a cedar closet, along with lots of parking.
Located in Scituate, the property is just steps from Scituate Harbor and Peggotty Beach, with easy access to shops, restaurants, walking paths, golf courses, and the marina. Commuting is facilitated by its close proximity to the Greenbush T Station, offering convenient travel between Boston and the Cape. The property sits on a residentially zoned site (Res.).
For buyers seeking flexibility, this setup can serve as an owner-occupied home with a separate legal apartment, supporting additional income while keeping privacy. The spacious main residence and separate entry/parking can also fit households looking for multi-generational living. Overall, it presents a compelling blend of comfortable layout, strong storage, and a location-oriented lifestyle near the harbor and beach.
Located in Scituate, the property is just steps from Scituate Harbor and Peggotty Beach, with easy access to shops, restaurants, walking paths, golf courses, and the marina. Commuting is facilitated by its close proximity to the Greenbush T Station, offering convenient travel between Boston and the Cape. The property sits on a residentially zoned site (Res.).
For buyers seeking flexibility, this setup can serve as an owner-occupied home with a separate legal apartment, supporting additional income while keeping privacy. The spacious main residence and separate entry/parking can also fit households looking for multi-generational living. Overall, it presents a compelling blend of comfortable layout, strong storage, and a location-oriented lifestyle near the harbor and beach.
Key Highlights
- 1973‑built home with 5 bedrooms and 5 bathrooms (plus a sun room).
- Legal apartment with its own parking and entrance.
- Sun room and a large kitchen with family and living/dining combination.
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 | $117.3k | $25.50 |
| − Vacancy | −$6.2k | −$1.36 |
| EGI | $111.1k | $24.14 |
| − OpEx | −$33.3k | −$7.24 |
| NOI | $77.8k | $16.90 |
4,601 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$972.0K – $1.30M
NOI $77,759 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$1.02M
$895.8K – $1.19M
NOI $71,665 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$2.72M
$2.38M – $3.18M
NOI $190,664 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A well-kept residential income property with a legal apartment, abundant living space, and convenient access to area beaches.
Where is this duplex located?
The property is located at 41 First Parish Road Scituate, MA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 1973‑built home with 5 bedrooms and 5 bathrooms (plus a sun room).; Legal apartment with its own parking and entrance.; Sun room and a large kitchen with family and living/dining combination.
