Updated Two-Family
8 Rochelle Street Auburn, MA 01501
New
8 Rochelle Street, Auburn, MA, 01501
$749,900
For Sale
$749,900
Updated 2-family residence with a finished lower level, two-car garage, and rental income potential.
Property Size2,184 SF
Price / SF$343.36
Days on Market6
Property Features for 8 Rochelle Street
General Information
- Standard status
- Active
- Size
- 2,184 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1967
Listing agency
Property Investors & Advisors, LLC
(774) 413-0272
Listed by
Miguel Hernandez · License #9561867
(774) 413-0272
Source
Compass
Added: Jul 16 Updated: Jul 21 at 5:23AM Checked: Jul 21 at 5:23AM
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 Property Investors & Advisors, LLC
Investment Insights
Based on property information with market context.
This beautifully updated 2-family home is designed to provide the comfort and privacy many tenants seek, with the additional benefit of generating rental income from the second unit. Recent improvements include two new water heaters (2025) and both boilers equipped with new burners and fuel pumps, along with a generator hookup. The finished lower level includes a custom bar and a spacious recreation area, and all basement furniture is included with the sale.
The property also offers a two-car garage, an oversized driveway, and a yard. Convenient access to schools, shopping, restaurants, and major highways supports everyday practicality for owner-occupants and tenants alike.
Overall, the home combines updated mechanical systems with flexible living space and a strong residential income configuration.
The property also offers a two-car garage, an oversized driveway, and a yard. Convenient access to schools, shopping, restaurants, and major highways supports everyday practicality for owner-occupants and tenants alike.
Overall, the home combines updated mechanical systems with flexible living space and a strong residential income configuration.
Key Highlights
- Updated 2‑family home with a finished lower level that includes a custom bar and spacious recreation area
- Two new water heaters installed in 2025; both boilers have new burners and fuel pumps
- Generator hookup for added peace of mind
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 | $43.2k | $19.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $42.2k | $19.31 |
| − OpEx | −$12.7k | −$5.79 |
| NOI | $29.5k | $13.52 |
2,184 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.8K
$369.0K – $492.1K
NOI $29,523 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$367.0K
$321.2K – $428.2K
NOI $25,693 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$745.8K
$652.6K – $870.1K
NOI $52,206 @ 7.0% cap · market cap 6.96%
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 - Updated 2-family residence with a finished lower level, two-car garage, and rental income potential.
Where is this duplex located?
The property is located at 8 Rochelle Street Auburn, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Updated 2‑family home with a finished lower level that includes a custom bar and spacious recreation area; Two new water heaters installed in 2025; both boilers have new burners and fuel pumps; Generator hookup for added peace of mind
