Separate Utilities Two-Family
77-79 Messinger Street Canton, MA 02021
For Sale
$759,000
Pending
Two-bedroom units with wood floors, vinyl siding, and gas heat offer separate utilities for flexible living or rental use.
Property Size1,960 SF
Days on Market53
Property Features for 77-79 Messinger Street
General Information
- Standard status
- Pending
- Size
- 1,960 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency:
Camber Real Estate, Inc.
(781) 820-6944
Listed By:
Anthony Camarra
(781) 820-6944
Source:
Lockandkeyre
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 25 at 11:27AM
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 Camber Real Estate, Inc.
Investment Insights
Based on property information with market context.
This two-family duplex consists of two separate residential units, each featuring two bedrooms. The homes include wood floors, thermopane windows, and vinyl siding. Each unit has separate utilities, with gas heat and hot water provided. A one-car detached garage supports the property, and the duplex is being sold in as-is condition.
Convenient access to town, train service, shopping, and highways is noted in the listing remarks. The property is presented as an opportunity for buyers seeking a straightforward two-family layout with practical day-to-day connectivity to surrounding destinations.
The separate utilities and mirrored two-bedroom configuration make this duplex well suited for an owner-occupant who wants rental income potential, or for an investor seeking a traditional two-unit setup. With gas heat and hot water on the same system type for each unit and a detached garage for parking support, it offers a functional, low-complexity arrangement for long-term occupancy. Prospective buyers should plan for an as-is purchase and review the property directly during the scheduled open houses.
Convenient access to town, train service, shopping, and highways is noted in the listing remarks. The property is presented as an opportunity for buyers seeking a straightforward two-family layout with practical day-to-day connectivity to surrounding destinations.
The separate utilities and mirrored two-bedroom configuration make this duplex well suited for an owner-occupant who wants rental income potential, or for an investor seeking a traditional two-unit setup. With gas heat and hot water on the same system type for each unit and a detached garage for parking support, it offers a functional, low-complexity arrangement for long-term occupancy. Prospective buyers should plan for an as-is purchase and review the property directly during the scheduled open houses.
Key Highlights
- Two‑family home built in 1900 with two‑bedroom units
- Each unit features wood floors and thermopane windows
- Vinyl siding exterior
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 | $52.9k | $27.00 |
| − Vacancy | −$2.8k | −$1.41 |
| EGI | $50.2k | $25.59 |
| − OpEx | −$15.0k | −$7.68 |
| NOI | $35.1k | $17.91 |
1,960 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.6K
$438.9K – $585.2K
NOI $35,110 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$462.8K
$404.9K – $539.9K
NOI $32,395 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,222 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-bedroom units with wood floors, vinyl siding, and gas heat offer separate utilities for flexible living or rental use.
Where is this duplex located?
The property is located at 77-79 Messinger Street Canton, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Two‑family home built in 1900 with two‑bedroom units; Each unit features wood floors and thermopane windows; Vinyl siding exterior
