Updated Two-Unit
567-569 Hill St Northbridge, MA 01588
567-569 Hill St, Northbridge, MA, 01588
$599,900
Pending
For Sale
$599,900
Pending
Two vacant units with refinished hardwood floors, quartz counters, and stainless appliances in a recently updated duplex.
Property Size2,016 SF
Days on Market77
Property Features for 567-569 Hill St
General Information
- Standard status
- Pending
- Size
- 2,016 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1880
Listing agency
Byrnes Real Estate Group LLC
(508) 320-6008
Listed by
Matt Santurri
(508) 320-6008
Source
Lockandkeyre
Added: May 6 Updated: Jul 21 at 2:20PM Checked: Jul 21 at 2:20PM
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 Byrnes Real Estate Group LLC
Investment Insights
Based on property information with market context.
This turnkey updated two-family duplex offers two vacant units, providing flexibility for an owner-occupant or multi-generational living setup. Each unit features refinished hardwood floors, quartz countertops, stainless steel appliances, and updated finishes throughout. The home also includes major recent improvements, including a brand-new septic system, along with a new roof and siding.
Outside, the property sits on a spacious lot under one acre and includes a detached 2-car garage plus additional parking. It is located in Northbridge, with convenient access just minutes from Route 146, downtown Northbridge, shopping, restaurants, and local amenities.
The configuration includes 567-569 Hill St as a single duplex offering two separate, move-in-ready units.
Outside, the property sits on a spacious lot under one acre and includes a detached 2-car garage plus additional parking. It is located in Northbridge, with convenient access just minutes from Route 146, downtown Northbridge, shopping, restaurants, and local amenities.
The configuration includes 567-569 Hill St as a single duplex offering two separate, move-in-ready units.
Key Highlights
- Updated 2‑family duplex with two vacant units, ready for owner‑occupant or multi‑generational living
- Both units feature refinished hardwood floors, quartz countertops, and stainless steel appliances
- Major improvements: brand‑new septic system, new roof, and new siding
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 | $39.9k | $19.80 |
| − Vacancy | −$986 | −$0.49 |
| EGI | $38.9k | $19.31 |
| − OpEx | −$11.7k | −$5.79 |
| NOI | $27.3k | $13.52 |
2,016 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.3K
$340.7K – $454.2K
NOI $27,252 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$338.8K
$296.5K – $395.3K
NOI $23,716 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$688.4K
$602.4K – $803.2K
NOI $48,190 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two vacant units with refinished hardwood floors, quartz counters, and stainless appliances in a recently updated duplex.
Where is this duplex located?
The property is located at 567-569 Hill St Northbridge, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Updated 2‑family duplex with two vacant units, ready for owner‑occupant or multi‑generational living; Both units feature refinished hardwood floors, quartz countertops, and stainless steel appliances; Major improvements: brand‑new septic system, new roof, and new siding
