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Turnkey Two-Family Home

80 Pearl St, Middleboro, MA 02346

For Sale
$715,000

Two separate units each with two bedrooms, plus covered porch, fenced yard, and ample off-street parking.

Property Size2,692 SF
Price / SF$265.60
Days on Market143

Property Features for 80 Pearl St

General Information

Standard status Active
Size 2,692 SF
Property subtype Multi-Family

Additional Details

Business Included Yes
Fenced Yard Yes
Multifamily Units 2

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: Gold Key Realty LLC
Listed By: Chad Goldstein
Source: Leightonteam
Added: Jun 23 Changed: Nov 11 Last Checked: Oct 7 at 3:55PM

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 Gold Key Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This turnkey two-family home offers two distinct residential units designed for comfortable separate living. Unit 1 features two bedrooms, a spacious living room, a dining area, and a large eat-in kitchen with an island. Enjoy the covered side porch that opens to a private, fenced-in yard. Unit 2 is townhouse-style with two bedrooms, two full baths, a large living room, and an eat-in kitchen, with central air included. The third floor includes a finished bonus room that can function as a home office, guest space, or additional private room.

Both units are serviced by natural gas heat. The property also includes ample off-street parking and a well-maintained fenced yard, supporting everyday convenience and outdoor use.

This layout suits buyers seeking the flexibility of owner occupancy while generating rental income from the second unit, as well as investors looking for a well-cared-for, ready-to-go asset. The home is fully deleaded, reducing upfront compliance concerns and making it easier to plan next steps with confidence.

Key Highlights

  • Turnkey 2‑family home built in 1890 with two separate units in downtown Middleboro
  • Unit 1: 2 bedrooms, living room, dining area, and large eat‑in kitchen with island
  • Unit 1 includes a covered side porch and a private fenced yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,496
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,920 $909.9K
Cap Rate 7%
$649,943 $649.9K
Cap Rate 9%
$505,511 $505.5K
Market Conditions
NOI Build-Up for 2,692 SF
Gross rent
$68.6K $25.50/SF
− Vacancy
−$3.7K −$1.36/SF
EGI
$65.0K $24.14/SF
− OpEx
−$19.5K −$7.24/SF
NOI
$45.5K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,920
Cap Rate 7%
$649,943
Cap Rate 9%
$505,511

Alternative Uses

Best Use
Multifamily LT 5
$649.9K
$568.7K – $758.3K (±1% cap)
NOI $45,496 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$599.0K
$524.1K – $698.9K (±1% cap)
NOI $41,931 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,556 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 02346, MA

24,245
Population
10,230
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
69.0 sq mi
ZIP Area
351
Density / Sq Mi
$91,914
Median Household Income
$52,710
Median Earnings
$1,692
Median Rent
$426,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Plymouth County, MA

$329 Jul
$326 Aug
$323 Sep
$307 Oct

Properties on Market for Duplexes in Plymouth County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate units each with two bedrooms, plus covered porch, fenced yard, and ample off-street parking.
Where is this duplex located?
The property is located at 80 Pearl St Middleboro, MA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Turnkey 2‑family home built in 1890 with two separate units in downtown Middleboro; Unit 1: 2 bedrooms, living room, dining area, and large eat‑in kitchen with island; Unit 1 includes a covered side porch and a private fenced yard
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