Two-House Multifamily
For Sale
$705,000
59 Hartford Ave E, Uxbridge, MA 01569
Two updated residences offer separate living spaces, outdoor areas, and room for an accessory dwelling unit.
Property Size2,648 SF
Days on Market77
Property Features for 59 Hartford Ave E
General Information
Standard status
Active
Size
2,648 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,312
Building Details
Building Size
2,648 SF
Year Built
1900
Buildings
2
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By:
Christine Whipple
(508) 341-6454
Source:
Donnellyandco
Added: Jul 31
Changed: Oct 14
Last Checked: Oct 15 at 7:31AM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
This RA-zoned multifamily property includes two houses on a level, cleared lot. The front residence has been completely renovated with an open living and dining layout, a new kitchen, mudroom, bonus room with private entry, three second-floor bedrooms, and two full bathrooms. A split AC-heat system was installed in the living area in mid-July.
The second house has also been updated and provides three bedrooms, one bathroom with washer and dryer units, a vaulted living room, kitchen storage, and a large rear deck. The property includes a two-car parking area and a substantial backyard. At almost-half-acre, the lot is legally large enough for an accessory dwelling unit. Uxbridge's walkable historic downtown, parks, conservation areas, and public trails are nearby, with approximately 36 miles to Boston, 27 miles to Providence, and 15 miles to Worcester.
The second house has also been updated and provides three bedrooms, one bathroom with washer and dryer units, a vaulted living room, kitchen storage, and a large rear deck. The property includes a two-car parking area and a substantial backyard. At almost-half-acre, the lot is legally large enough for an accessory dwelling unit. Uxbridge's walkable historic downtown, parks, conservation areas, and public trails are nearby, with approximately 36 miles to Boston, 27 miles to Providence, and 15 miles to Worcester.
Key Highlights
- Two houses on a level, cleared almost‑half‑acre lot
- RA zoning with a lot legally large enough for an accessory dwelling unit
- Front house completely redone with 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,151
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,020
$623.0K
Cap Rate 7%
$445,014
$445.0K
Cap Rate 9%
$346,122
$346.1K
Market Conditions
NOI Build-Up for 2,648 SF
Gross rent
$58.2K $21.96/SF
− Vacancy
−$1.5K −$0.57/SF
EGI
$56.6K $21.39/SF
− OpEx
−$25.5K −$9.63/SF
NOI
$31.2K $11.76/SF
Area
Worcester County, MA
Vacancy
2.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,020
Cap Rate 7%
$445,014
Cap Rate 9%
$346,122
Alternative Uses
Best Use
Apartment 5plus
$445.0K
$389.4K – $519.2K
NOI $31,151 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$904.3K
$791.2K – $1.05M
NOI $63,298 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
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Business Placement
Demographics for 01569, MA
14,193
Population
5,523
Households
2.6
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
29.4 sq mi
ZIP Area
483
Density / Sq Mi
$122,458
Median Household Income
$61,245
Median Earnings
$1,480
Median Rent
$417,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two updated residences offer separate living spaces, outdoor areas, and room for an accessory dwelling unit.
Where is this multifamily property located?
The property is located at 59 Hartford Ave E Uxbridge, MA.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: Two houses on a level, cleared almost‑half‑acre lot; RA zoning with a lot legally large enough for an accessory dwelling unit; Front house completely redone with 3 bedrooms and 2 full bathrooms
