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Duplex With Off-Street Parking
For Sale
$525,000
Pending

56 Parker St, Attleboro, MA 02703

Residential Income, Attleboro, MA

Property Size1,973 SF
Lot Size0.10 Acres
Days on Market83

Property Features for 56 Parker St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5
Parking 4
Directions 152 to Maple Street to Parker Street.
Standard status Pending
APN M:0039 B:0000 L:0131,2757779
Size 1,973 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6167

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Elite · Keller Williams Realty
Listed By: Jennifer Hoyt
Added: Jul 15 Changed: Oct 1 Last Checked: Oct 5 at 4:06PM
MLS# 73550470

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 1,973-square-foot duplex, built in 1900, includes two residential units with a combined five bedrooms and two full bathrooms. The first unit offers two bedrooms, an eat-in kitchen with white cabinetry and stainless steel appliances, hardwood flooring in the living room, and an additional room suitable for office or den use. The second-floor unit provides three bedrooms, an eat-in kitchen with matching appliance features, and one full bathroom.

The basement includes two washer and dryer hookup sets, newer plumbing, and a newer water heater. Four off-street parking spaces serve the property. Located in Attleboro, the home is near a park, shopping, a hospital, public transportation, and access to Interstate 95. The property is zoned R2 and occupies 0.0956 acres.

Key Highlights

  • 1,973 square feet on a 0.0956‑acre lot
  • Two‑unit layout with five bedrooms and two full bathrooms
  • First unit includes two bedrooms, hardwood living room flooring, and bonus office or den space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,259
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,180 $705.2K
Cap Rate 7%
$503,700 $503.7K
Cap Rate 9%
$391,767 $391.8K
Market Conditions
NOI Build-Up for 1,973 SF
Gross rent
$54.5K $27.60/SF
− Vacancy
−$4.1K −$2.07/SF
EGI
$50.4K $25.53/SF
− OpEx
−$15.1K −$7.66/SF
NOI
$35.3K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,180
Cap Rate 7%
$503,700
Cap Rate 9%
$391,767

Alternative Uses

Best Use
Multifamily LT 5
$503.7K
$440.7K – $587.7K (±1% cap)
NOI $35,259 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$468.1K
$409.6K – $546.1K (±1% cap)
NOI $32,768 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,107 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Garden Center Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 02703, MA

46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-family property with separate kitchens, basement laundry hookups, and off-street parking.
Where is this duplex located?
The property is located at 56 Parker St Attleboro, MA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,973 square feet on a 0.0956‑acre lot; Two‑unit layout with five bedrooms and two full bathrooms; First unit includes two bedrooms, hardwood living room flooring, and bonus office or den space
More about this property
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