Two-Family Duplex
72 Second St Somerset, MA 02726
72 Second St, Somerset, MA, 02726
$649,500
Pending
For Sale
$649,500
Pending
Two-family duplex built in 1933 with five bedrooms, two full baths, half bath, and two garage spaces.
Property Size2,160 SF
Lot Size0.24 Acres
Days on Market103
Property Features for 72 Second St
General Information
- Standard status
- Pending
- Size
- 2,160 SF
- Lot size
- 0.24 Acres
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1933
Listing agency
Alberto Real Estate
(774) 955-8915
Listed by
Antonio F Alberto
(774) 955-8915
Source
Lockandkeyre
Added: Apr 10 Updated: Jul 20 at 6:48PM Checked: Jul 21 at 3:13AM
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 Alberto Real Estate
Investment Insights
Based on property information with market context.
Constructed in 1933 by Manuel Mello Patriot of the Mello family, this well-built two-family duplex offers a flexible layout with approximately 2,160 sq ft of living space. The home includes five generously sized bedrooms, two full bathrooms, and one half bathroom. The second-floor apartment features three bedrooms and includes an expansive attic area that can be used as an additional retreat, game room, or creative craft studio.
The property sits on a 10,454 sq ft lot at 72 Second St in Somerset, Massachusetts. Outdoor space provides room for recreation or future enhancements. A driveway and two dedicated garage spaces support secure parking and storage.
Overall, the combination of a two-unit configuration, bedroom count, and additional attic space makes this residence practical for accommodating multiple households within one property while preserving dedicated parking on site.
The property sits on a 10,454 sq ft lot at 72 Second St in Somerset, Massachusetts. Outdoor space provides room for recreation or future enhancements. A driveway and two dedicated garage spaces support secure parking and storage.
Overall, the combination of a two-unit configuration, bedroom count, and additional attic space makes this residence practical for accommodating multiple households within one property while preserving dedicated parking on site.
Key Highlights
- Two‑family duplex built in 1933 in Somerset
- 2,160 SF residence with five bedrooms, two full baths, and one half bath
- Second‑floor apartment features 3 bedrooms
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 | $59.6k | $27.60 |
| − Vacancy | −$4.5k | −$2.07 |
| EGI | $55.1k | $25.53 |
| − OpEx | −$16.5k | −$7.66 |
| NOI | $38.6k | $17.87 |
2,160 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$551.4K
$482.5K – $643.4K
NOI $38,601 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$512.5K
$448.4K – $597.9K
NOI $35,874 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M
NOI $92,078 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-family duplex built in 1933 with five bedrooms, two full baths, half bath, and two garage spaces.
Where is this duplex located?
The property is located at 72 Second St Somerset, MA.
What is the asking price?
The asking price for this property is $649,500.
What are key features of this property?
This property features: Two‑family duplex built in 1933 in Somerset; 2,160 SF residence with five bedrooms, two full baths, and one half bath; Second‑floor apartment features 3 bedrooms
