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Two-Unit Duplex with Garage

51 New Boston Rd Dudley, MA 01571

New
51 New Boston Rd, Dudley, MA, 01571
$479,900
For Sale
$479,900

MULTI_FAMILY - Dudley, MA

Property Size2,052 SF
Lot Size0.67 Acres
Price / SF$233.87
Days on Market2

Property Features for 51 New Boston Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R30
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2
Parking
8
Standard status
Active
APN
M:0235 B:0000 L:2000,3836575
Size
2,052 SF
Lot size
0.67 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
3578

Building Details

Year built
1948
Floors in Building
2
Number of units
2
Listing agency RE/MAX Bell Park Realty
Listed by Michael Meehan · License #458161
Added: Jul 20 Updated: Jul 21 at 3:32AM Checked: Jul 21 at 10:06AM
MLS# 73552056

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well maintained two-family duplex sits on a spacious corner lot in Dudley and is configured as two separate units with individual heating systems and separate electrical services. The first floor offers 3 bedrooms and 1 full bath, with mostly hardwood flooring. The second floor provides 2 bedrooms and 1 full bath, also with mostly hardwood flooring.

Each unit has its own parking area, supporting convenient day-to-day access. There is a detached two-car garage that can serve storage or workshop needs, along with a drive-under garage for additional space. The property also includes a generous yard for outdoor use.

The duplex is presented as a straightforward opportunity for an owner-occupant or an investor seeking a manageable, two-unit residential income property with independent systems and dedicated parking for each unit.

Key Highlights

  • Well maintained 2‑family property built in 1948 on a spacious corner lot in Dudley
  • Each unit has its own parking area plus separate heating systems and separate electrical services
  • First floor: 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 (±1% cap)
NOI $27,738 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$344.9K
$301.8K – $402.3K (±1% cap)
NOI $24,140 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$700.7K
$613.1K – $817.5K (±1% cap)
NOI $49,051 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Hair Salon Spa & Massage Center Restaurant Skin Care Clinic Gym & Fitness Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well maintained two-family home on a corner lot with separate utilities, dedicated parking, and a detached two-car garage.
Where is this duplex located?
The property is located at 51 New Boston Rd 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 property built in 1948 on a spacious corner lot in Dudley; Each unit has its own parking area plus separate heating systems and separate electrical services; First floor: 3 bedrooms and 1 full bath with mostly hardwood flooring
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More about this property
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