Two-Family Income
For Sale
$630,000
652 Oak St, East Bridgewater, MA 02333
Business-zoned two-family building with five rental units, including four studios and one unit with private laundry.
Property Size2,232 SF
Days on Market101
Property Features for 652 Oak St
General Information
Standard status
Active
Size
2,232 SF
Property subtype
Multi Family
Zoning
Business
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$7,192
Building Details
Building Size
2,232 SF
Year Built
1880
Tenancy
Multi
Listing Agency:
RE/MAX Platinum
Listed By:
Kristen Ruggiero
(781) 844-5070
Source:
Allisonmazer
Added: Jul 10
Changed: Oct 17
Last Checked: Oct 16 at 4:00PM
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 RE/MAX Platinum
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Investment Insights
Based on property information with market context.
This well-maintained two-family property contains five income-producing units. The building includes four studio apartments plus one larger unit that offers a separate kitchen and a private laundry room.
The property also features a detached two-car garage, ample parking, and a spacious backyard, supporting tenant convenience and day-to-day usability. It is located in a business-zoned area, which may provide flexibility for prospective owners evaluating the property’s configuration.
With a total of five units in place, this asset is positioned for straightforward income generation while maintaining the option for an owner-occupant to utilize a portion of the property.
The property also features a detached two-car garage, ample parking, and a spacious backyard, supporting tenant convenience and day-to-day usability. It is located in a business-zoned area, which may provide flexibility for prospective owners evaluating the property’s configuration.
With a total of five units in place, this asset is positioned for straightforward income generation while maintaining the option for an owner-occupant to utilize a portion of the property.
Key Highlights
- Business‑zoned two‑family building with 5 income‑producing rental units
- Unit mix includes 4 studio apartments plus 1 larger unit
- Larger unit features a separate kitchen and private laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,766
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,320
$695.3K
Cap Rate 7%
$496,657
$496.7K
Cap Rate 9%
$386,289
$386.3K
Market Conditions
NOI Build-Up for 2,232 SF
Gross rent
$67.0K $30.00/SF
− Vacancy
−$3.7K −$1.68/SF
EGI
$63.2K $28.32/SF
− OpEx
−$28.4K −$12.74/SF
NOI
$34.8K $15.58/SF
Area
Plymouth County, MA
Vacancy
5.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,320
Cap Rate 7%
$496,657
Cap Rate 9%
$386,289
Alternative Uses
Best Use
Apartment 5plus
$496.7K
$434.6K – $579.4K
NOI $34,766 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,494 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 02333, MA
14,382
Population
5,165
Households
2.8
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
836
Density / Sq Mi
$128,679
Median Household Income
$53,850
Median Earnings
$1,566
Median Rent
$474,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Business-zoned two-family building with five rental units, including four studios and one unit with private laundry.
Where is this apartment building located?
The property is located at 652 Oak St East Bridgewater, MA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Business‑zoned two‑family building with 5 income‑producing rental units; Unit mix includes 4 studio apartments plus 1 larger unit; Larger unit features a separate kitchen and private laundry room
