Duplex with Two-Car
7 Warwick St, Auburn, MA 01501
For Sale
New
$599,999
Residential Income, Auburn, MA
Property Size1,364 SF
Lot Size0.39 Acres
Price / SF$439.88
Days on Market2
Property Features for 7 Warwick St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
sunporch
patio
fire pit
garden areas
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
RE/MAX Prof Associates · RE/MAX International
Listed By:
Lorraine Herbert
(508) 885-7885
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 73601419
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 RES-zoned duplex contains 1,364 square feet across two apartments. The first-floor unit has two bedrooms, one bathroom, hardwood floors, an updated kitchen and a heated four-season sunporch. Upstairs, the one-bedroom apartment includes a bonus room, one bathroom, hardwood floors, a dining room with built-in cabinetry and a landing with access to the backyard. The property was built in 1940 and renovated in 2013.
The 0.3903-acre parcel includes a two-car garage, two separate driveways, a patio and a backyard with a fire pit and established garden areas. The property is near the Worcester–Auburn line, with access to Route 12 and Route 290.
The 0.3903-acre parcel includes a two-car garage, two separate driveways, a patio and a backyard with a fire pit and established garden areas. The property is near the Worcester–Auburn line, with access to Route 12 and Route 290.
Key Highlights
- Two apartments: first‑floor unit with 2 bedrooms; upstairs unit with 1 bedroom plus a bonus room
- 1,364 square feet on a 0.3903‑acre parcel
- Renovated in 2013; built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,438
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,760
$368.8K
Cap Rate 7%
$263,400
$263.4K
Cap Rate 9%
$204,867
$204.9K
Market Conditions
NOI Build-Up for 1,364 SF
Gross rent
$27.0K $19.80/SF
− Vacancy
−$667 −$0.49/SF
EGI
$26.3K $19.31/SF
− OpEx
−$7.9K −$5.79/SF
NOI
$18.4K $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%
$368,760
Cap Rate 7%
$263,400
Cap Rate 9%
$204,867
Alternative Uses
Best Use
Multifamily LT 5
$263.4K
$230.5K – $307.3K
NOI $18,438 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$229.2K
$200.6K – $267.4K
NOI $16,046 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$465.8K
$407.6K – $543.4K
NOI $32,605 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 01501, MA
16,731
Population
7,040
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
93%
High-School Grad
15.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$101,929
Median Household Income
$62,296
Median Earnings
$1,241
Median Rent
$363,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer distinct layouts, with private outdoor areas and separate driveways supporting flexible occupancy.
Where is this duplex located?
The property is located at 7 Warwick St Auburn, MA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two apartments: first‑floor unit with 2 bedrooms; upstairs unit with 1 bedroom plus a bonus room; 1,364 square feet on a 0.3903‑acre parcel; Renovated in 2013; built in 1940
