Two-Family Residential Income
41 Maple Avenue Rutland, MA 01543
41 Maple Avenue, Rutland, MA, 01543
$449,000
For Sale
$449,000
Two-unit duplex with town water and sewer, two driveways, and enclosed porches on a level lot.
Property Size1,890 SF
Price / SF$237.57
Days on Market76
Property Features for 41 Maple Avenue
General Information
- Standard status
- Active
- Size
- 1,890 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing agency
Unique Realty , LLC
(866) 866-0724
Listed by
Syed Khan · License #9570425
(866) 866-0724
Source
Compass
Added: May 7 Updated: Jul 20 at 9:52PM Checked: Jul 21 at 6:06AM
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 Unique Realty , LLC
Investment Insights
Based on property information with market context.
This two-family duplex offers two enclosed porches and a configuration suited for both owner-occupancy and residential income. The first-floor unit includes two bedrooms, one bath, a dining kitchen, living room, and an additional den currently used as a bedroom. Some newer windows and hardwood flooring are already in place, and the layout includes extra enclosed porch space, with room for cosmetic updates to enhance the unit.
The second-floor unit is in better condition and features an updated kitchen and bathroom, along with gleaming hardwood floors and newer windows. It also offers two bedrooms with newer carpeting.
The property is served by town water and sewer and includes two driveways providing ample off-street parking, all on a level lot near the Rutland town center.
The second-floor unit is in better condition and features an updated kitchen and bathroom, along with gleaming hardwood floors and newer windows. It also offers two bedrooms with newer carpeting.
The property is served by town water and sewer and includes two driveways providing ample off-street parking, all on a level lot near the Rutland town center.
Key Highlights
- Two‑family duplex built in 1920 with 2 total baths (2 full baths), offering separate units on the same property
- Town water and sewer plus a full basement provide core utilities and additional storage space
- Level 3/4‑acre lot with two driveways and ample off‑street parking
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 | $37.4k | $19.80 |
| − Vacancy | −$924 | −$0.49 |
| EGI | $36.5k | $19.31 |
| − OpEx | −$10.9k | −$5.79 |
| NOI | $25.5k | $13.52 |
1,890 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$365.0K
$319.4K – $425.8K
NOI $25,548 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$317.6K
$277.9K – $370.6K
NOI $22,234 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$645.4K
$564.7K – $753.0K
NOI $45,179 @ 7.0% cap · market cap 10.06%
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 - Two-unit duplex with town water and sewer, two driveways, and enclosed porches on a level lot.
Where is this duplex located?
The property is located at 41 Maple Avenue Rutland, MA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑family duplex built in 1920 with 2 total baths (2 full baths), offering separate units on the same property; Town water and sewer plus a full basement provide core utilities and additional storage space; Level 3/4‑acre lot with two driveways and ample off‑street parking
