Two-Unit Duplex with Enclosed
For Sale
Under Contract
$569,900
66 Plainfield Ave, Shrewsbury, MA 01545
Residential Income, Shrewsbury, MA
Property Size2,520 SF
Lot Size0.20 Acres
Price / SF$226.15
Days on Market38
Property Features for 66 Plainfield Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3
Parking
4
Directions
Rte 9 to Plainfield Ave, Shrewsbury
Standard status
Active Under Contract
APN
M:0039 B:017000 L:0000,1680896
Size
2,520 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5329
Building Details
Year built
1922
Floors in Building
2
Number of units
2
Buildings
1
Listing Agency:
RE/MAX Vision · RE/MAX International
Listed By:
Jeff Burk · License #9035530
(508) 595-9900
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 31 at 10:06PM
MLS# 73582417
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1922 duplex contains 2,520 square feet across two units on a 0.2015-acre lot. The first-floor residence has an open living and dining area, a double-galley kitchen with breakfast bar, and a bedroom connected to a flexible additional room with two walk-in closets. Its full bath includes laundry hookups, with further storage and a separate laundry area in the basement. The upper unit offers two to three bedrooms, a dining room with built-ins, an updated full bath, and a living room opening to an enclosed front porch.
Improvements include a roof and oil tanks installed in 2021, plus a washer and dryer added in 2025. The property is zoned RB2 and is described as minutes from the highway and UMass Memorial Medical Center.
Improvements include a roof and oil tanks installed in 2021, plus a washer and dryer added in 2025. The property is zoned RB2 and is described as minutes from the highway and UMass Memorial Medical Center.
Key Highlights
- 2,520 square feet across two residential units
- 0.2015‑acre lot; RB2 zoning
- First‑floor bedroom connects to a flexible room with two walk‑in closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,064
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,280
$681.3K
Cap Rate 7%
$486,629
$486.6K
Cap Rate 9%
$378,489
$378.5K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$49.9K $19.80/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$48.7K $19.31/SF
− OpEx
−$14.6K −$5.79/SF
NOI
$34.1K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,280
Cap Rate 7%
$486,629
Cap Rate 9%
$378,489
Alternative Uses
Best Use
Multifamily LT 5
$486.6K
$425.8K – $567.7K
NOI $34,064 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$423.5K
$370.6K – $494.1K
NOI $29,645 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$860.5K
$753.0K – $1.00M
NOI $60,238 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
Demographics for 01545, MA
38,316
Population
15,318
Households
2.5
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$136,225
Median Household Income
$74,718
Median Earnings
$2,046
Median Rent
$555,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces and laundry areas support flexible use across both units.
Where is this duplex located?
The property is located at 66 Plainfield Ave Shrewsbury, MA.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: 2,520 square feet across two residential units; 0.2015‑acre lot; RB2 zoning; First‑floor bedroom connects to a flexible room with two walk‑in closets
