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Stoneham Two-Family Near Downtown

6 Minot Street Stoneham, MA 02180

6 Minot Street, Stoneham, MA, 02180
$724,900
For Sale
Claim this Listing
$724,900

Two-family property near downtown Stoneham with separate utilities.

Property Size2,041 SF
Price / SF$355.17
AddedMay 26
Days on Market51
Last RefreshJul 15 at 4:42 pm

Property Features for 6 Minot Street

General Information

Standard status
Active
Size
2,041 SF
Property subtype
Multi-family / 2 Family

Building Details

Year Built
1900

Listing office Barrett, Chris. J., REALTORS

Listing date May 26, 2026

Source Compass

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 Barrett, Chris. J., REALTORS


Investment Insights

Based on property information with market context.

This is a clean, well-maintained two-family property situated in close proximity to the thriving downtown area of Stoneham. The first floor unit features five rooms, including three bedrooms, while the second floor unit offers four rooms with two bedrooms. The first floor includes an open kitchen and living room area, complete with an electric fireplace. Each unit has its own front entrance accessible from the front porch. Laundry hook-ups are available within the building. The property is equipped with separate gas heating, hot water, and electric services for each unit. Both units include gas stoves and dedicated driveways. The second-floor apartment also features a walk-up attic, providing ample storage space or potential for additional living space. With a walk score of 88, the location offers convenient access to downtown shopping, restaurants, and Stoneham's common area, with its various activities and events. The property size is 2041 square feet.

Key Highlights

  • Excellent location with a walk score of 88, providing easy access to downtown Stoneham's shopping, restaurants, and Stoneham Common events.
  • Two‑family home offering potential for rental income or multi‑generational living.
  • First‑floor unit features 3 bedrooms and an open kitchen/living room layout with an electric fireplace.

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 $64.9k $31.80
− Vacancy −$3.2k −$1.57
EGI $61.7k $30.23
− OpEx −$18.5k −$9.07
NOI $43.2k $21.16
2,041 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$617.0K
$539.9K – $719.8K (±1% cap)
NOI $43,188 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$580.1K
$507.6K – $676.8K (±1% cap)
NOI $40,609 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,579 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property near downtown Stoneham with separate utilities.
Where is this duplex located?
The property is located at 6 Minot Street Stoneham, MA.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Excellent location with a walk score of 88, providing easy access to downtown Stoneham's shopping, restaurants, and Stoneham Common events.; Two‑family home offering potential for rental income or multi‑generational living.; First‑floor unit features 3 bedrooms and an open kitchen/living room layout with an electric fireplace.
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