2-Unit Duplex with Fenced
75 Chapel St, Shirley, MA 01464
For Sale
New
$449,900
Residential Income, Shirley, MA
Property Size1,961 SF
Lot Size0.39 Acres
Price / SF$229.42
Days on Market4
Property Features for 75 Chapel St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty North Central
Listed By:
Rochelle Jonswold
(978) 840-9000
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 7 at 6:06AM
MLS# 73599031
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit duplex offers 1,961 square feet across two stories, with three full bathrooms. A lower-level area may accommodate an in-law unit. The home was built in 1930 and sits on a 0.39-acre lot with a fenced yard.
The property is within walking distance of commuter rail service and is near Devens. R3 zoning is also noted.
The property is within walking distance of commuter rail service and is near Devens. R3 zoning is also noted.
Key Highlights
- Two‑unit property with potential for a lower‑level in‑law unit
- 1,961 square feet across two stories
- Three full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,017
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,340
$780.3K
Cap Rate 7%
$557,386
$557.4K
Cap Rate 9%
$433,522
$433.5K
Market Conditions
NOI Build-Up for 1,961 SF
Gross rent
$74.8K $38.16/SF
− Vacancy
−$3.9K −$1.98/SF
EGI
$70.9K $36.18/SF
− OpEx
−$31.9K −$16.28/SF
NOI
$39.0K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,340
Cap Rate 7%
$557,386
Cap Rate 9%
$433,522
Alternative Uses
Best Use
Multifamily LT 5
$592.8K
$518.7K – $691.6K
NOI $41,495 @ 7.0% cap · market cap 9.22%
Second Best
Apartment 5plus
$557.4K
$487.7K – $650.3K
NOI $39,017 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,263 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 01464, MA
7,427
Population
2,512
Households
3
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
15.1 sq mi
ZIP Area
492
Density / Sq Mi
$121,875
Median Household Income
$73,721
Median Earnings
$1,189
Median Rent
$412,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R3 zoning and a lower-level area with potential for an in-law unit add flexibility.
Where is this duplex located?
The property is located at 75 Chapel St Shirley, MA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit property with potential for a lower‑level in‑law unit; 1,961 square feet across two stories; Three full bathrooms
