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Two-Unit Duplex with Parking
For Sale
$710,000

43 Alden Street, Plymouth, MA 02360

Year-round multifamily property with separate living spaces, private kitchens, basement storage, and off-street parking.

Property Size1,728 SF
Days on Market47

Property Features for 43 Alden Street

General Information

Standard status Active
Size 1,728 SF
Total Parking Spaces 4
Property subtype Multi-Family
Zoning R20S

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,855

Amenities

fireplace
full unfinished basement

Building Details

Building Size 1,728 SF
Year Built 1862
Year Renovated 2025
Buildings 1
Stories 2
Listing Agency: Classic Cape Real Estate, LLC
Listed By: Ken Hager
Source: Link.flexmls
Added: Sep 2 Changed: Oct 18 Last Checked: Oct 16 at 5:38AM

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 Classic Cape Real Estate, LLC

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Investment Insights

Based on property information with market context.

Built in 1862, this two-unit duplex contains 1,728 square feet across two separate residences. Each unit offers 2 bedrooms, 1 bath, a living room, and a kitchen. The first-floor residence also includes a fireplace, while a full unfinished basement provides additional storage space. Four off-street parking spaces serve the property.

The home occupies a level, cleared corner lot on a public paved road with sidewalks. Public transportation, shopping, parks, walk and jog trails, bike paths, conservation areas, highway access, schools, houses of worship, and a marina are among the surrounding amenities. Nelson Beach and Plymouth Long Beach are approximately 3 to 5 miles away.

Key Highlights

  • Two separate 2‑bedroom, 1‑bath units
  • 1,728 square feet on a level, cleared corner lot
  • First‑floor unit includes a fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,204
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,080 $584.1K
Cap Rate 7%
$417,200 $417.2K
Cap Rate 9%
$324,489 $324.5K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$44.1K $25.50/SF
− Vacancy
−$2.3K −$1.36/SF
EGI
$41.7K $24.14/SF
− OpEx
−$12.5K −$7.24/SF
NOI
$29.2K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,080
Cap Rate 7%
$417,200
Cap Rate 9%
$324,489

Alternative Uses

Best Use
Multifamily LT 5
$417.2K
$365.1K – $486.7K (±1% cap)
NOI $29,204 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$384.5K
$336.4K – $448.6K (±1% cap)
NOI $26,915 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.02M
$895.1K – $1.19M (±1% cap)
NOI $71,608 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Florist Tanning Salon

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

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby

Demographics for 02360, MA

61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Year-round multifamily property with separate living spaces, private kitchens, basement storage, and off-street parking.
Where is this duplex located?
The property is located at 43 Alden Street Plymouth, MA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath units; 1,728 square feet on a level, cleared corner lot; First‑floor unit includes a fireplace
More about this property
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