Two-Unit Residential Income
621 Main Street Sturbridge, MA 01566
621 Main Street, Sturbridge, MA, 01566
$569,995
For Sale
$569,995
Side-by-side duplex with two 3-bedroom units, each with 1.5 bathrooms and off-street parking.
Property Size1,800 SF
Price / SF$316.66
Days on Market55
Property Features for 621 Main Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
eXp Realty LLC
Listed by
Candor Investment Group
(413) 665-3771
Source
Cbcommunityrealtors
Added: May 29 Updated: Jul 21 at 8:59PM Checked: Jul 21 at 8:59PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This side-by-side duplex offers two residential units, each featuring three bedrooms and 1.5 bathrooms. The layout is designed for functional day-to-day living, and the property includes off-street parking.
The building has seen significant capital improvements in recent years, including updates to the roof, electrical, plumbing, windows, kitchens, bathrooms, insulation, heating systems, gutters, and solar panels.
Near Route 20, the property is positioned close to shopping, restaurants, and other local amenities. The current rental income and estimated market rents are reported in the materials as being in line, supporting ongoing income generation.
The building has seen significant capital improvements in recent years, including updates to the roof, electrical, plumbing, windows, kitchens, bathrooms, insulation, heating systems, gutters, and solar panels.
Near Route 20, the property is positioned close to shopping, restaurants, and other local amenities. The current rental income and estimated market rents are reported in the materials as being in line, supporting ongoing income generation.
Key Highlights
- 1890‑built side‑by‑side duplex with two 3‑bedroom units, each featuring 1.5 bathrooms
- Off‑street parking for added tenant convenience
- Currently generating $5,171/month in rental income; estimated market rents of about $5,200/month
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 | $35.6k | $19.80 |
| − Vacancy | −$880 | −$0.49 |
| EGI | $34.8k | $19.31 |
| − OpEx | −$10.4k | −$5.79 |
| NOI | $24.3k | $13.52 |
1,800 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.6K
$304.2K – $405.5K
NOI $24,332 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K
NOI $21,175 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$614.7K
$537.8K – $717.1K
NOI $43,027 @ 7.0% cap · market cap 7.55%
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 - Side-by-side duplex with two 3-bedroom units, each with 1.5 bathrooms and off-street parking.
Where is this duplex located?
The property is located at 621 Main Street Sturbridge, MA.
What is the asking price?
The asking price for this property is $569,995.
What are key features of this property?
This property features: 1890‑built side‑by‑side duplex with two 3‑bedroom units, each featuring 1.5 bathrooms; Off‑street parking for added tenant convenience; Currently generating $5,171/month in rental income; estimated market rents of about $5,200/month
