Corner Lot Duplex Income
48 Forest Avenue Hudson, MA 01749
48 Forest Avenue, Hudson, MA, 01749
$859,000
For Sale
$859,000
Two multi-level units with private composite decks, fenced yard, and off-street parking via two driveways.
Property Size2,972 SF
Price / SF$289.03
Days on Market88
Property Features for 48 Forest Avenue
General Information
- Standard status
- Active
- Size
- 2,972 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Lamacchia Realty,Inc.
Listed by
Christina Liberty-Grimm · License #9570927
Source
Stevebremis
Added: Apr 25 Updated: Jul 20 at 7:42PM 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 Lamacchia Realty,Inc.
Investment Insights
Based on property information with market context.
This duplex-style multifamily home offers two oversized units with three levels of living each. Unit 1 features a functional layout with fully applianced kitchen, updated windows, and hardwood flooring. Unit 2 is also multi-level and includes stainless-steel appliances, updated bathrooms, windows, and flooring. A partially finished walk-out basement adds extra living or recreational space, along with additional storage options.
The property sits on a corner lot with two driveways providing off-street parking. Each unit has a private composite deck, and the fenced-in yard supports privacy and outdoor use. An oversized storage shed is included for lawn equipment or seasonal items.
Located at 48 Forest Avenue in Hudson, this home is configured for owners and investors who want a two-unit setup with separate outdoor spaces and practical yard amenities.
The property sits on a corner lot with two driveways providing off-street parking. Each unit has a private composite deck, and the fenced-in yard supports privacy and outdoor use. An oversized storage shed is included for lawn equipment or seasonal items.
Located at 48 Forest Avenue in Hudson, this home is configured for owners and investors who want a two-unit setup with separate outdoor spaces and practical yard amenities.
Key Highlights
- 2‑unit multifamily home built in 1890 with 3 levels of living per unit
- Unit 1: fully applianced with updated windows and HW flooring
- Unit 2: multi‑level unit with SS appliances, updated bathrooms, windows, and flooring
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 | $94.5k | $31.80 |
| − Vacancy | −$4.7k | −$1.57 |
| EGI | $89.8k | $30.23 |
| − OpEx | −$27.0k | −$9.07 |
| NOI | $62.9k | $21.16 |
2,972 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$898.4K
$786.1K – $1.05M
NOI $62,889 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$844.8K
$739.2K – $985.6K
NOI $59,133 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,159 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
American Eagle Tradesmen ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Duplex - Two multi-level units with private composite decks, fenced yard, and off-street parking via two driveways.
Where is this duplex located?
The property is located at 48 Forest Avenue Hudson, MA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: 2‑unit multifamily home built in 1890 with 3 levels of living per unit; Unit 1: fully applianced with updated windows and HW flooring; Unit 2: multi‑level unit with SS appliances, updated bathrooms, windows, and flooring
