Two-Unit Residential Income
42 Winthrop Street Framingham, MA 01702
42 Winthrop Street, Framingham, MA, 01702
$1,099,000
For Sale
$1,099,000
Well-maintained duplex features two units with hardwood floors, private laundry access, and outdoor decks.
Property Size2,189 SF
Price / SF$502.06
Days on Market52
Property Features for 42 Winthrop Street
General Information
- Standard status
- Active
- Size
- 2,189 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1940
Listing agency
Mega Realty Services
(508) 665-4004
Listed by
Geraldo Franca
Source
Stevebremis
Added: May 31 Updated: Jul 20 at 5:33PM Checked: Jul 21 at 8:55AM
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 Mega Realty Services
Investment Insights
Based on property information with market context.
This well-maintained two-unit residential income property offers two separate living spaces within a single duplex configuration. Both units include hardwood floors and separate laundry areas with private access. The first-floor unit features a private deck, and the second-floor unit offers two decks for outdoor living. Additional amenities include a finished basement, a detached 2-car garage, plenty of off-street parking, and a large private yard.
Located in South Framingham, the property is described as convenient to the commuter rail station and nearby supermarkets, shopping, restaurants, and major routes.
The duplex layout provides distinct unit outdoor space and dedicated laundry access, supported by the on-site parking and yard amenities.
Located in South Framingham, the property is described as convenient to the commuter rail station and nearby supermarkets, shopping, restaurants, and major routes.
The duplex layout provides distinct unit outdoor space and dedicated laundry access, supported by the on-site parking and yard amenities.
Key Highlights
- Duplex built in 1940 with two separate units
- Both units feature hardwood floors and separate laundry areas with private access
- First‑floor unit includes a private deck
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 | $69.6k | $31.80 |
| − Vacancy | −$3.4k | −$1.57 |
| EGI | $66.2k | $30.23 |
| − OpEx | −$19.9k | −$9.07 |
| NOI | $46.3k | $21.16 |
2,189 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.7K
$579.0K – $772.0K
NOI $46,320 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$622.2K
$544.4K – $725.9K
NOI $43,554 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,712 @ 7.0% cap · market cap 8.25%
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 - Well-maintained duplex features two units with hardwood floors, private laundry access, and outdoor decks.
Where is this duplex located?
The property is located at 42 Winthrop Street Framingham, MA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Duplex built in 1940 with two separate units; Both units feature hardwood floors and separate laundry areas with private access; First‑floor unit includes a private deck
