Stoneham Two-Family Near
6 Minot Street, Stoneham, MA 02180
New
Two-family property near downtown Stoneham with separate utilities.
Type:Multi-family / 2 Family
Property size:
2,041 SFPrice / SF:
$355/SF- Added:
- May 26, 2026
- Days on Market:
- 6
- Last Refresh:
- May 27 at 7:54 am
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 agent Christopher Barrett License #9533397 (781) 245-5011
Listing office Barrett, Chris. J., REALTORS (781) 245-5011
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
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.
- Second‑floor unit includes a walk‑up attic, offering ample storage or potential for additional living space.
- Separate gas heat, hot water, and electric services for each unit.
- Dedicated driveways for each unit.
Overview
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.
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
NOI $43,188 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$580.1K
$507.6K – $676.8K
NOI $40,609 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,579 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Stoneham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1009296
- Latitude
- 42.4795396
Nearby Similar for Sale
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.
