Colonial Two-Family
77 West Main Street Dudley, MA 01571
77 West Main Street, Dudley, MA, 01571
$524,900
For Sale
$524,900
Colonial-style two-family home with two bright apartments, hardwood floors, built-in cabinetry, and a finished basement.
Property Size2,580 SF
Lot Size0.49 Acres
Price / SF$203.45
Days on Market37
Property Features for 77 West Main Street
General Information
- Standard status
- Active
- Size
- 2,580 SF
- Lot size
- 0.49 Acres
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1949
Listing Agency
Lamacchia Realty, Inc.
(508) 832-5324
Listed by
Mark Marzeotti · License #9561271
(508) 832-5324
Source
Compass
Added: Jun 11 Checked: Jul 17 at 4:57 am
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
Colonial-style two-family residence that can also function as a single-family home with the second floor used for extended family living. Public records indicate a two-family configuration, but all current living spaces are connected, with an easy conversion possible to reestablish separate setups. The home includes many hardwood floors and built-in cabinetry, with two bright apartments featuring vintage kitchens and large, open spaces.
The property sits on an approximately 0.487-acre lot. A finished basement could potentially add to first-floor living space or provide a separate living area.
There is also a buildable lot next door that is sold separately; purchasing both would allow completion of a larger, more expansive estate arrangement.
The property sits on an approximately 0.487-acre lot. A finished basement could potentially add to first-floor living space or provide a separate living area.
There is also a buildable lot next door that is sold separately; purchasing both would allow completion of a larger, more expansive estate arrangement.
Key Highlights
- Colonial‑style 2‑family home (or single‑family setup) built in 1949
- Two bright apartments with wood and vinyl flooring, vintage kitchens, and large open spaces
- 2 full baths total; insulated windows throughout
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 | $51.1k | $19.80 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $49.8k | $19.31 |
| − OpEx | −$14.9k | −$5.79 |
| NOI | $34.9k | $13.52 |
2,580 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$498.2K
$436.0K – $581.3K
NOI $34,876 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,351 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$881.0K
$770.9K – $1.03M
NOI $61,672 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Colonial-style two-family home with two bright apartments, hardwood floors, built-in cabinetry, and a finished basement.
Where is this duplex located?
The property is located at 77 West Main Street Dudley, MA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Colonial‑style 2‑family home (or single‑family setup) built in 1949; Two bright apartments with wood and vinyl flooring, vintage kitchens, and large open spaces; 2 full baths total; insulated windows throughout
