Solid Three-Family Investment
66 Holman Street Attleboro, MA 02703
66 Holman Street, Attleboro, MA, 02703
$649,900
For Sale
$649,900
Three-unit property with separate utilities and strong rental history.
Property Size3,172 SF
Price / SF$204.89
Days on Market74
Property Features for 66 Holman Street
General Information
- Standard status
- Active
- Size
- 3,172 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1910
Listing Agency
Keller Williams Elite
(508) 695-4545
Listed by
DeChambeau Homes Team
(508) 695-4545
Source
Compass
Added: May 5 Checked: Jul 16 at 6:20 am
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This three-family property presents an investment opportunity with a solid rental history and long-term potential. Each unit is deleaded and equipped with separate utilities, facilitating efficient management for both owner-occupants and investors. The first and second floor units feature double parlors that could be converted into additional bedrooms, potentially creating larger three-bedroom layouts and increasing rental income. The property is designed for low maintenance, featuring vinyl siding and a newer roof. Off-street parking is available. The property is located on a bus route, providing access to local amenities, shopping, and major routes. The property size is 3172 square feet.
Key Highlights
- Strong rental history and excellent long‑term investment potential.
- Each unit is deleaded and has separate utilities for easy management.
- Spacious double parlors in first and second floor units offer potential for conversion to additional bedrooms, increasing rental income.
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 | $87.5k | $27.60 |
| − Vacancy | −$6.6k | −$2.07 |
| EGI | $81.0k | $25.53 |
| − OpEx | −$24.3k | −$7.66 |
| NOI | $56.7k | $17.87 |
3,172 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$809.8K
$708.6K – $944.8K
NOI $56,687 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$752.6K
$658.5K – $878.0K
NOI $52,681 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,219 @ 7.0% cap · market cap 20.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit property with separate utilities and strong rental history.
Where is this triplex located?
The property is located at 66 Holman Street Attleboro, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Strong rental history and excellent long‑term investment potential.; Each unit is deleaded and has separate utilities for easy management.; **Spacious double parlors in first and second floor units offer potential for conversion to additional bedrooms, increasing rental income.**
