2-Unit Duplex Near
6-8 Nelson Ct, Plymouth, MA 02360
For Sale
New
$789,000
Each residence has three bedrooms and two full bathrooms; one is owner-occupied and the other produces rental income.
Property Size1,906 SF
Price / SF$344.84
Days on Market6
Property Features for 6-8 Nelson Ct
General Information
Standard status
Size
Property subtype
Lease Term
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Real Broker Ma, LLC
(855) 450-0442
Listed By:
JEP Realty Team
(781) 258-7513
Source:
Iverty
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 8 at 6:50AM
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 Real Broker Ma, LLC
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Investment Insights
Based on property information with market context.
At 6-8 Nelson Ct in Plymouth, this 2,288-square-foot duplex dates to 1906 and contains two residences. Each unit has three bedrooms and two full bathrooms. One residence is owner-occupied, while the other is rented, providing a two-unit configuration with different current occupancy arrangements.
The property is a short walk from the beach and Nelson Park, where amenities include a playground, beach access and waterfront views. Plymouth Waterfront and Plymouth Center, with restaurants, shopping and entertainment, are also part of the surrounding area.
The property is a short walk from the beach and Nelson Park, where amenities include a playground, beach access and waterfront views. Plymouth Waterfront and Plymouth Center, with restaurants, shopping and entertainment, are also part of the surrounding area.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,288‑square‑foot duplex built in 1906
- One unit is owner‑occupied; the second is rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,668
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,360
$773.4K
Cap Rate 7%
$552,400
$552.4K
Cap Rate 9%
$429,644
$429.6K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$58.3K $25.50/SF
− Vacancy
−$3.1K −$1.36/SF
EGI
$55.2K $24.14/SF
− OpEx
−$16.6K −$7.24/SF
NOI
$38.7K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,360
Cap Rate 7%
$552,400
Cap Rate 9%
$429,644
Alternative Uses
Best Use
Multifamily LT 5
$552.4K
$483.4K – $644.5K
NOI $38,668 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$509.1K
$445.5K – $594.0K
NOI $35,638 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,814 @ 7.0% cap · market cap 12.02%
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
1,227
Businesses Nearby
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Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Plymouth County, MA
Properties on Market for Duplexes in Plymouth County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and two full bathrooms; one is owner-occupied and the other produces rental income.
Where is this duplex located?
The property is located at 6-8 Nelson Ct Plymouth, MA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,288‑square‑foot duplex built in 1906; One unit is owner‑occupied; the second is rented
