Updated Two-Unit Residential
56 Parker St Attleboro, MA 02703
New
56 Parker St, Attleboro, MA, 02703
$525,000
For Sale
$525,000
MULTI_FAMILY - Attleboro, MA
Property Size1,973 SF
Lot Size0.10 Acres
Price / SF$266.09
Days on Market3
Property Features for 56 Parker St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 4
- Standard status
- Active
- 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
(508) 528-1000
1000 Franklin Village Dr, Suite106, Franklin, MA
Listed by
Jennifer Hoyt
(508) 695-4545
Added: Jul 15 Checked: Jul 17 at 7:06 am
MLS# 73550470
Listing URL
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 updated two-family residential income property offers two separate units. Unit 1 includes a modern white kitchen with stainless steel appliances, an eat-in kitchen, one full bathroom, hardwood flooring in the living room, two bedrooms, and a bonus space suitable as an office or den. The second unit features three bedrooms, a kitchen with white cabinetry and stainless steel appliances, an eat-in kitchen, and one full bathroom. The basement includes two sets of washer and dryer hookups, along with newer plumbing and a newer water heater.
The property is centrally located with close proximity to a park, shopping, and a hospital. It also offers access to public transportation and Interstate 95.
Additional practical features include off-street parking for up to four vehicles.
The property is centrally located with close proximity to a park, shopping, and a hospital. It also offers access to public transportation and Interstate 95.
Additional practical features include off-street parking for up to four vehicles.
Key Highlights
- Updated 2‑family home built in 1900
- Unit 1: modern white kitchen with stainless steel appliances, eat‑in kitchen, 1 full bath, hardwood flooring in living room, 2 bedrooms plus bonus office/den space
- Second floor: 3 bedrooms, eat‑in kitchen, and 1 full bathroom
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 | $54.5k | $27.60 |
| − Vacancy | −$4.1k | −$2.07 |
| EGI | $50.4k | $25.53 |
| − OpEx | −$15.1k | −$7.66 |
| NOI | $35.3k | $17.87 |
1,973 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$503.7K
$440.7K – $587.7K
NOI $35,259 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$468.1K
$409.6K – $546.1K
NOI $32,768 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,107 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family home with two full bathrooms, multiple bedrooms, and off-street parking for four vehicles.
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: Updated 2‑family home built in 1900; Unit 1: modern white kitchen with stainless steel appliances, eat‑in kitchen, 1 full bath, hardwood flooring in living room, 2 bedrooms plus bonus office/den space; Second floor: 3 bedrooms, eat‑in kitchen, and 1 full bathroom
