Side-by-Side Duplex with Private
80-82 Prospect Lee, MA 01238
80-82 Prospect, Lee, MA, 01238
$475,000
For Sale
$475,000
Ranch-style side-by-side duplex with separate entrances, utilities, and in-unit washer/dryer in both units.
Property Size1,800 SF
Price / SF$263.89
Days on Market62
Property Features for 80-82 Prospect
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1974
Listing agency
MACCARO REAL ESTATE
Listed by
Lisa Kelley
(413) 458-5000
Source
Harschrealestate
Added: May 21 Updated: Jul 21 at 3:55AM Checked: Jul 21 at 3:55AM
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 MACCARO REAL ESTATE
Investment Insights
Based on property information with market context.
This beautifully maintained side-by-side duplex ranch-style home offers two separate residential units, each with an eat-in kitchen, bright living room, two bedrooms, and a full bath. Both units include in-unit washer and dryer, along with ample closet and storage space. Each unit also has its own private entrance, and there are separate full basements for additional storage and flexibility. A private deck off the living room provides outdoor space described in the remarks with mountain and town views.
The property includes driveway parking on-site. The public remarks note the home is within walking distance to downtown Lee.
Configured for independent tenancy, the duplex features separate utilities and private entrances, supported by the separate basements and dedicated unit living spaces.
The property includes driveway parking on-site. The public remarks note the home is within walking distance to downtown Lee.
Configured for independent tenancy, the duplex features separate utilities and private entrances, supported by the separate basements and dedicated unit living spaces.
Key Highlights
- Side‑by‑side duplex, ranch style, built in 1974
- Each unit has 2 bedrooms, an eat‑in kitchen, a bright living room, and a full bath
- Both units include in‑unit washer and dryer, plus private entrances and separate utilities
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 | $38.9k | $21.60 |
| − Vacancy | −$517 | −$0.29 |
| EGI | $38.4k | $21.31 |
| − OpEx | −$11.5k | −$6.39 |
| NOI | $26.9k | $14.92 |
1,800 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$383.6K
$335.7K – $447.6K
NOI $26,854 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$351.4K
$307.5K – $410.0K
NOI $24,599 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 7.77%
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 - Ranch-style side-by-side duplex with separate entrances, utilities, and in-unit washer/dryer in both units.
Where is this duplex located?
The property is located at 80-82 Prospect Lee, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Side‑by‑side duplex, ranch style, built in 1974; Each unit has 2 bedrooms, an eat‑in kitchen, a bright living room, and a full bath; Both units include in‑unit washer and dryer, plus private entrances and separate utilities
