Corner-Lot Two-Family
51 New Boston Road Dudley, MA 01571
New
51 New Boston Road, Dudley, MA, 01571
$479,900
For Sale
$479,900
Well maintained duplex on a corner lot with separate heating and electrical services for each unit.
Property Size2,052 SF
Price / SF$233.87
Days on Market2
Property Features for 51 New Boston Road
General Information
- Standard status
- Active
- Size
- 2,052 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1948
Listing agency
RE/MAX Bell Park Realty
(860) 774-7600
Listed by
Jared Meehan · License #9525853
(860) 774-7600
Source
Compass
Added: Jul 20 Updated: Jul 21 at 5:33AM Checked: Jul 21 at 5:33AM
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 RE/MAX Bell Park Realty
Investment Insights
Based on property information with market context.
This well maintained two-family residence is set on a spacious corner lot and designed for easier separation of services. Each unit has its own parking area, along with separate heating systems and separate electrical services. The first floor includes 3 bedrooms and 1 full bath, with mostly hardwood flooring throughout. The second floor offers 2 bedrooms and 1 full bath, also with mostly hardwood flooring.
A detached 2-car garage adds storage and workshop flexibility, with a drive-under garage providing additional space for storage. The generous yard offers outdoor room for recreation and everyday use.
The property is offered for sale and can support a range of occupancy or investment needs, including owner occupancy and rental use.
A detached 2-car garage adds storage and workshop flexibility, with a drive-under garage providing additional space for storage. The generous yard offers outdoor room for recreation and everyday use.
The property is offered for sale and can support a range of occupancy or investment needs, including owner occupancy and rental use.
Key Highlights
- Well maintained 2‑family duplex on a corner lot in Dudley, built in 1948
- Each unit has its own parking area, separate heating systems, and separate electrical services
- First‑floor unit: 3 bedrooms and 1 full bath, with mostly hardwood 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 | $40.6k | $19.80 |
| − Vacancy | −$1.0k | −$0.49 |
| EGI | $39.6k | $19.31 |
| − OpEx | −$11.9k | −$5.79 |
| NOI | $27.7k | $13.52 |
2,052 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$396.3K
$346.7K – $462.3K
NOI $27,738 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$344.9K
$301.8K – $402.3K
NOI $24,140 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$700.7K
$613.1K – $817.5K
NOI $49,051 @ 7.0% cap · market cap 10.22%
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 on a corner lot with separate heating and electrical services for each unit.
Where is this duplex located?
The property is located at 51 New Boston Road Dudley, MA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Well maintained 2‑family duplex on a corner lot in Dudley, built in 1948; Each unit has its own parking area, separate heating systems, and separate electrical services; First‑floor unit: 3 bedrooms and 1 full bath, with mostly hardwood flooring
