Two-Family Residential Income
8 Highland Street Clinton, MA 01510
8 Highland Street, Clinton, MA, 01510
$500,000
For Sale
$500,000
Well-maintained two-family home with two bedrooms and one full bath per unit, plus off-street parking and recent exterior updates.
Property Size1,805 SF
Price / SF$277.01
Days on Market103
Property Features for 8 Highland Street
General Information
- Standard status
- Active
- Size
- 1,805 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Lamacchia Realty, Inc.
(774) 275-0720
Listed by
Colleen Crowley
(774) 275-0720
Source
Lockandkeyre
Added: Apr 10 Updated: Jul 21 at 6:43AM Checked: Jul 21 at 6:43AM
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.
This well-maintained two-family home offers two residential units, each featuring two bedrooms, one full bathroom, and generous living areas designed for practical day-to-day use. The property includes convenient off-street parking. Recent updates include the roof, along with professional basement wall treatment with an interior perimeter drain and sump pump, as well as gutters and fascia boards.
Located on Highland Street in Clinton, the home provides quick access to nearby restaurants, shops, parks, and other local amenities.
The layout provides two distinct units within one property, making it suitable for both owner-occupancy and rental use.
Located on Highland Street in Clinton, the home provides quick access to nearby restaurants, shops, parks, and other local amenities.
The layout provides two distinct units within one property, making it suitable for both owner-occupancy and rental use.
Key Highlights
- Well‑maintained two‑family home, built in 1900
- Each unit has 2 bedrooms and 1 full bathroom with generous living areas
- Off‑street parking included for convenient everyday access
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 | $35.7k | $19.80 |
| − Vacancy | −$883 | −$0.49 |
| EGI | $34.9k | $19.31 |
| − OpEx | −$10.5k | −$5.79 |
| NOI | $24.4k | $13.52 |
1,805 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$348.6K
$305.0K – $406.7K
NOI $24,399 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$616.4K
$539.3K – $719.1K
NOI $43,147 @ 7.0% cap · market cap 8.63%
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 - Well-maintained two-family home with two bedrooms and one full bath per unit, plus off-street parking and recent exterior updates.
Where is this duplex located?
The property is located at 8 Highland Street Clinton, MA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Well‑maintained two‑family home, built in 1900; Each unit has 2 bedrooms and 1 full bathroom with generous living areas; Off‑street parking included for convenient everyday access
