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Side-by-Side Duplex with Decks

54 Winter Street Woburn, MA 01801

54 Winter Street, Woburn, MA, 01801
$1,000,000
For Sale
$1,000,000

Side-by-side duplex with two units, each offering 3 bedrooms and 1.5 baths over two levels.

Property Size2,720 SF
Price / SF$367.65
Days on Market94

Property Features for 54 Winter Street

General Information

Standard status
Active
Size
2,720 SF
Property subtype
Multi-family

Building Details

Year Built
1960
Listing agency Keller Williams Realty Boston Northwest
Listed by Santana Team
Source Highlandre
Added: Apr 20 Updated: Jul 21 at 3:16PM Checked: Jul 21 at 3:16PM

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 Keller Williams Realty Boston Northwest


Investment Insights

Based on property information with market context.

This side-by-side duplex features two units, each laid out with 3 bedrooms and 1.5 baths over two levels. Both units include vaulted ceilings in the bedrooms, wood-burning fireplaces, and decks off the living room and primary bedroom, with access to a large backyard.

The property is located in North Woburn with easy access to Interstates 93 and 95, supporting commuting. The surrounding area offers nearby shopping, dining, and recreational options, along with proximity to Mill Pond Reservoir.

Unit 54 has been renovated in 2024 and is described as move-in ready, while the overall property is presented as well maintained for both owner-occupants and investors.

Key Highlights

  • 1960 side‑by‑side duplex in North Woburn with two units, each offering 3 bedrooms and 1.5 baths over 2 levels
  • Owner’s unit renovated in 2024 and reported as completely move‑in ready
  • Each unit features vaulted ceilings in the bedrooms and wood‑burning fireplaces

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 $86.5k $31.80
− Vacancy −$4.3k −$1.57
EGI $82.2k $30.23
− OpEx −$24.7k −$9.07
NOI $57.6k $21.16
2,720 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$822.2K
$719.5K – $959.3K (±1% cap)
NOI $57,556 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$773.1K
$676.5K – $902.0K (±1% cap)
NOI $54,119 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,716 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Dental Office Nail Salon Parking Lot & Garage Real Estate Agency Bakery Barber Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Spa & Massage Center

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

FAQs

What type of property is this?
Duplex - Side-by-side duplex with two units, each offering 3 bedrooms and 1.5 baths over two levels.
Where is this duplex located?
The property is located at 54 Winter Street Woburn, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1960 side‑by‑side duplex in North Woburn with two units, each offering 3 bedrooms and 1.5 baths over 2 levels; Owner’s unit renovated in 2024 and reported as completely move‑in ready; Each unit features vaulted ceilings in the bedrooms and wood‑burning fireplaces
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