Duplex With Heated
77 Elm Street, Easton, MA 02356
For Sale
$799,000
Pending
Two-unit property with separate driveways, basement storage, and a detached garage with attached office space.
Property Size2,458 SF
Days on Market51
Property Features for 77 Elm Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
heated garage
office
in-unit laundry
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Premier Properties
(508) 238-8400
Listed By:
Ann B. Andrew
(508) 245-2367
Source:
Churchillprop
Added: Sep 20
Changed: Nov 1
Last Checked: Nov 8 at 4:08AM
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 Premier Properties
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Investment Insights
Based on property information with market context.
Built in 1880, this duplex offers two separate residences with distinct driveways and dedicated basement storage. The larger two-story unit includes 3 bedrooms, 2 full baths, an eat-in kitchen, sunroom, living room with hardwood floors, and a first-floor bedroom. The second unit provides a kitchen, bedroom, living room, and in-unit laundry. Both units have been freshly painted and include new carpeting.
A detached heated 2-car garage adds substantial utility, along with an attached office featuring heat, A/C, sliders to the patio, and access to the yard. The property is positioned near Governor Ames Estate, walking trails, and a small pond, with Stonehill College, Shoveltown Brewery, the YMCA, library, Langwater Farm, downtown Easton, the school complex, and major highways nearby. Zoned res.
A detached heated 2-car garage adds substantial utility, along with an attached office featuring heat, A/C, sliders to the patio, and access to the yard. The property is positioned near Governor Ames Estate, walking trails, and a small pond, with Stonehill College, Shoveltown Brewery, the YMCA, library, Langwater Farm, downtown Easton, the school complex, and major highways nearby. Zoned res.
Key Highlights
- Two‑unit duplex with separate driveways and dedicated basement storage
- Larger unit includes 3 bedrooms, 2 full baths, a sunroom, and first‑floor bedroom
- Second unit features a kitchen, bedroom, living room, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,927
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,540
$878.5K
Cap Rate 7%
$627,529
$627.5K
Cap Rate 9%
$488,078
$488.1K
Market Conditions
NOI Build-Up for 2,458 SF
Gross rent
$67.8K $27.60/SF
− Vacancy
−$5.1K −$2.07/SF
EGI
$62.8K $25.53/SF
− OpEx
−$18.8K −$7.66/SF
NOI
$43.9K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,540
Cap Rate 7%
$627,529
Cap Rate 9%
$488,078
Alternative Uses
Best Use
Multifamily LT 5
$627.5K
$549.1K – $732.1K
NOI $43,927 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$583.2K
$510.3K – $680.4K
NOI $40,823 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,782 @ 7.0% cap · market cap 13.11%
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
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 02356, MA
12,767
Population
4,768
Households
2.7
Avg Household Size
44
Median Age
54%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
939
Density / Sq Mi
$124,719
Median Household Income
$64,625
Median Earnings
$1,710
Median Rent
$621,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bristol County, MA
Properties on Market for Duplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate driveways, basement storage, and a detached garage with attached office space.
Where is this duplex located?
The property is located at 77 Elm Street Easton, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit duplex with separate driveways and dedicated basement storage; Larger unit includes 3 bedrooms, 2 full baths, a sunroom, and first‑floor bedroom; Second unit features a kitchen, bedroom, living room, and in‑unit laundry
