Two-Family Income
8 Second St Sutton, MA 01590
New
For Sale
$425,000
Fully occupied duplex with off-street parking and in-unit laundry for both tenants.
Property Size1,830 SF
Price / SF$232.24
Days on Market4
Property Features for 8 Second St
General Information
- Standard status
- Active
- Size
- 1,830 SF
- Property subtype
- 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1909
Listing Agency:
IVerty Realty, LLC
(774) 764-8250
Listed By:
Nicholas Redden · License #452508574
(774) 764-8250
Source:
Iverty
Added: Jul 20
Changed: Jul 23
Last Checked: Jul 23 at 5:43AM
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 IVerty Realty, LLC
Investment Insights
Based on property information with market context.
This two-family (duplex) property is fully occupied and currently generating $3,820 per month in rental income. Both units are occupied by long-term tenants. Additional features include off-street parking for tenants and laundry in each unit.
The property is located in Sutton, with convenient access to major routes and nearby shopping, dining, and local amenities.
For buyers seeking a stabilized residential income asset, the existing tenant occupancy provides immediate rental performance, along with opportunity for future improvement to enhance overall returns.
The property is located in Sutton, with convenient access to major routes and nearby shopping, dining, and local amenities.
For buyers seeking a stabilized residential income asset, the existing tenant occupancy provides immediate rental performance, along with opportunity for future improvement to enhance overall returns.
Key Highlights
- Two‑family property built in 1909 with both units fully occupied by long‑term tenants
- Generates $3,820 per month in rental income
- Off‑street parking available for tenants
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 | $36.2k | $19.80 |
| − Vacancy | −$895 | −$0.49 |
| EGI | $35.3k | $19.31 |
| − OpEx | −$10.6k | −$5.79 |
| NOI | $24.7k | $13.52 |
1,830 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$353.4K
$309.2K – $412.3K
NOI $24,737 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$307.5K
$269.1K – $358.8K
NOI $21,528 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$624.9K
$546.8K – $729.1K
NOI $43,744 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully occupied duplex with off-street parking and in-unit laundry for both tenants.
Where is this duplex located?
The property is located at 8 Second St Sutton, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑family property built in 1909 with both units fully occupied by long‑term tenants; Generates $3,820 per month in rental income; Off‑street parking available for tenants
