Triplex with Three-Bay
New
For Sale
$1,498,000
79-81 Town St, Braintree, MA 02184
Residential Income, Braintree, MA
Property Size2,800 SF
Lot Size0.57 Acres
Price / SF$535
Days on Market4
Property Features for 79-81 Town St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2
Parking
11
Directions
Pond
Standard status
Active
APN
M:1043 B:0000 L:0002,13778
Size
2,800 SF
Lot size
0.57 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8103
Building Details
Year built
1865
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Realty
Listed By:
Steve Zeboski
(781) 843-3200
Added: Oct 26
Last Checked: Oct 29 at 1:06PM
MLS# 73595005
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.
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Investment Insights
Based on property information with market context.
This Braintree triplex combines a two-family home with a newly completed two-bedroom ADU above a three-car garage. The property contains 2,800 square feet on a 0.57-acre lot and was built in 1865. The main house has a three-bedroom, six-room first-floor unit and a one-bedroom, three-room second-floor unit. Updates include a renovated second-floor kitchen with quartz countertops and improvements to the first-floor kitchen, bath, and bedroom flooring. The ADU includes stainless steel appliances, in-unit laundry, quartz and butcher-block countertops, and three mini-split systems for heating and cooling. The garage has three 12' x 25' bays.
Four electric meters serve the property, with separate metering for the garage bays. The three-bedroom residence and ADU are to be delivered vacant. The property is zoned B, and the existing setup can be converted to natural gas.
Four electric meters serve the property, with separate metering for the garage bays. The three-bedroom residence and ADU are to be delivered vacant. The property is zoned B, and the existing setup can be converted to natural gas.
Key Highlights
- Three residential units: a two‑family home and a two‑bedroom ADU
- 2,800 square feet on a 0.57‑acre lot
- New ADU above a three‑car garage with three 12' x 25' bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,158
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,160
$1.0M
Cap Rate 7%
$716,543
$716.5K
Cap Rate 9%
$557,311
$557.3K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$75.6K $27.00/SF
− Vacancy
−$3.9K −$1.41/SF
EGI
$71.7K $25.59/SF
− OpEx
−$21.5K −$7.68/SF
NOI
$50.2K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,160
Cap Rate 7%
$716,543
Cap Rate 9%
$557,311
Alternative Uses
Best Use
Multifamily LT 5
$716.5K
$627.0K – $836.0K
NOI $50,158 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$661.1K
$578.5K – $771.3K
NOI $46,279 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $116,031 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
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Business Placement
Demographics for 02184, MA
39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include a newly built ADU above a three-car garage, with separate electric metering across the property.
Where is this triplex located?
The property is located at 79-81 Town St Braintree, MA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Three residential units: a two‑family home and a two‑bedroom ADU; 2,800 square feet on a 0.57‑acre lot; New ADU above a three‑car garage with three 12' x 25' bays
