Folk Victorian Duplex
65 Highland Ave. Northfield, MA 01360
65 Highland Ave., Northfield, MA, 01360
$549,000
For Sale
$549,000
Folk Victorian two-unit property with updated interiors, wood floors, and separate heating and cooling systems on both levels.
Property Size2,678 SF
Price / SF$205
Days on Market13
Property Features for 65 Highland Ave.
General Information
- Standard status
- Active
- Size
- 2,678 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing agency
Cohn & Company
(413) 475-4203
Listed by
Harriet Paine
(413) 475-4203
Source
Lockandkeyre
Added: Jul 11 Updated: Jul 22 at 8:51PM Checked: Jul 22 at 8:51PM
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 Cohn & Company
Investment Insights
Based on property information with market context.
This Folk Victorian home offers a character-rich layout with thoughtfully maintained and updated interior features. Interior highlights include wood floors, pocket doors, and stained-glass accents, along with ductless mini-splits providing heating and cooling on the first floor. The home also includes a separate ducted heat pump system and thermostat upstairs, supported by a Buderus boiler for a single heating system.
Outside, the property is bordered by classic stone walls and features ornamental arched gate access, decorative scalloped gables, and spindled porches. A newer deck with stairs extends from the original side porch. The grounds include established gardens and a pergola set behind an oversized two-car garage with attached barn space built in 1994, offering additional storage or workspace potential.
While the property is zoned as a two-unit property, it has long been used as a single-family residence. A single heating system supports the home, and the presence of separate climate controls by level provides flexibility for day-to-day comfort.
Outside, the property is bordered by classic stone walls and features ornamental arched gate access, decorative scalloped gables, and spindled porches. A newer deck with stairs extends from the original side porch. The grounds include established gardens and a pergola set behind an oversized two-car garage with attached barn space built in 1994, offering additional storage or workspace potential.
While the property is zoned as a two-unit property, it has long been used as a single-family residence. A single heating system supports the home, and the presence of separate climate controls by level provides flexibility for day-to-day comfort.
Key Highlights
- 1920 Folk Victorian home with updated interiors, wood floors, pocket doors, and stained‑glass accents
- Zoned as a two‑unit property but long used as a single‑family home
- Heating and cooling: ductless mini‑splits on the 1st floor, plus a separate ducted heat pump with thermostat upstairs
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 | $59.5k | $22.20 |
| − Vacancy | −$3.3k | −$1.22 |
| EGI | $56.2k | $20.98 |
| − OpEx | −$16.9k | −$6.29 |
| NOI | $39.3k | $14.69 |
2,678 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$561.8K
$491.6K – $655.5K
NOI $39,327 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$508.0K
$444.5K – $592.6K
NOI $35,558 @ 7.0% cap · market cap 6.48%
Theoretical Best
Healthcare Medical
$1.11M
$971.7K – $1.30M
NOI $77,734 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Folk Victorian two-unit property with updated interiors, wood floors, and separate heating and cooling systems on both levels.
Where is this duplex located?
The property is located at 65 Highland Ave. Northfield, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1920 Folk Victorian home with updated interiors, wood floors, pocket doors, and stained‑glass accents; Zoned as a two‑unit property but long used as a single‑family home; Heating and cooling: ductless mini‑splits on the 1st floor, plus a separate ducted heat pump with thermostat upstairs
