Brick Two-Family Duplex with
55-57 York Ave, Watertown, MA 02472
For Sale
$899,900
Brick two-family duplex featuring hardwood floors, two upstairs bedrooms per unit, and a full separate basement.
Property Size1,800 SF
Price / SF$499.94
Days on Market114
Property Features for 55-57 York Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Amenities
private rear yard
full separate basement
hardwood floors
Building Details
Year Built
Construction
Tenancy
Listing Agency:
Realty Executives
Listed By:
Stephen O Loughlin · License MA #449501263
(617) 924-7532
Source:
Livianhomesct
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 7 at 4:02PM
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 Realty Executives
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Investment Insights
Based on property information with market context.
Brick two-family duplex offering two spacious apartments with bright first-floor living rooms, dining areas, and kitchens. Both units include two bedrooms and a full bath upstairs, with hardwood floors running throughout. The property also features a full, separate basement for each unit, providing substantial storage and additional space with the right vision. A 2-car garage adds practical on-site parking.
Set in the highly sought-after Lowell School district, the duplex also includes a private rear yard suited for outdoor use.
With a straightforward two-level layout and independent basements, the property can work well for buyers seeking long-term residential income or flexible living arrangements.
Set in the highly sought-after Lowell School district, the duplex also includes a private rear yard suited for outdoor use.
With a straightforward two-level layout and independent basements, the property can work well for buyers seeking long-term residential income or flexible living arrangements.
Key Highlights
- Brick two‑family duplex built in 1938 in the Lowell School district
- Each unit features a bright first‑floor living room, dining area, and kitchen
- Each unit offers 2 upstairs bedrooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,089
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,780
$761.8K
Cap Rate 7%
$544,129
$544.1K
Cap Rate 9%
$423,211
$423.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$57.2K $31.80/SF
− Vacancy
−$2.8K −$1.57/SF
EGI
$54.4K $30.23/SF
− OpEx
−$16.3K −$9.07/SF
NOI
$38.1K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,780
Cap Rate 7%
$544,129
Cap Rate 9%
$423,211
Alternative Uses
Best Use
Multifamily LT 5
$544.1K
$476.1K – $634.8K
NOI $38,089 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$511.6K
$447.7K – $596.9K
NOI $35,814 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
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Business Placement
Demographics for 02472, MA
35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Watertown, MA
Properties on Market for Duplexes in Watertown
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick two-family duplex featuring hardwood floors, two upstairs bedrooms per unit, and a full separate basement.
Where is this duplex located?
The property is located at 55-57 York Ave Watertown, MA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Brick two‑family duplex built in 1938 in the Lowell School district; Each unit features a bright first‑floor living room, dining area, and kitchen; Each unit offers 2 upstairs bedrooms and a full bath
