Triplex with Dedicated
For Sale
$1,450,000
Pending
81-83 South Road, Bedford, MA 01730
Central air, gas heating, and refreshed kitchens and baths support a flexible three-unit residential layout.
Property Size3,727 SF
Days on Market176
Property Features for 81-83 South Road
General Information
Standard status
Pending
Size
3,727 SF
Total Parking Spaces
9
Property subtype
Multi-family / 3 Family
Zoning
C
Net Operating Income
$45,000
Units
Unit Mix
1 x 3BR/2.5BA, 2 x 2BR/2BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$14,729
Amenities
central air conditioning
No
Range, Dishwasher, Refrigerator, Washer, Dryer
7.0
Gas Dryer Hookup
Full, Sump Pump, Concrete Floor
Living Room, Kitchen, Laundry Room
6
1
6.50
7
Frame
Shingle
Corner Lot
Deck - Composite
Building Details
Year Built
1861
Listing Agency:
Compass
Listed By:
Suzanne & Company
(781) 496-8254
Source:
Compass
Added: Apr 22
Changed: Oct 8
Last Checked: Oct 12 at 9:48PM
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 Compass
Investment Insights
Based on property information with market context.
This 3727-square-foot triplex contains three residences with distinct layouts. The main-level unit provides three bedrooms and 2.5 baths on one floor, while the two upper-level apartments each include two bedrooms and two baths. Central air conditioning, gas-fired heating, updated kitchens, and updated bathrooms are provided across the property. Each residence has an assigned garage space, adding dedicated parking and storage to the configuration.
The property is located at 81-83 South Road in Bedford, Massachusetts, near the town center and the Minuteman Bikeway. Shopping, dining, and outdoor recreation are identified in the immediate surrounding area, providing convenient access to everyday amenities and a regional recreational route.
The property is located at 81-83 South Road in Bedford, Massachusetts, near the town center and the Minuteman Bikeway. Shopping, dining, and outdoor recreation are identified in the immediate surrounding area, providing convenient access to everyday amenities and a regional recreational route.
Key Highlights
- Three‑unit triplex totaling 3727 square feet
- Unit mix includes one 3‑bed/2.5‑bath residence and two 2‑bed/2‑bath residences
- Each unit includes its own dedicated garage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,865
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,577,300
$1.6M
Cap Rate 7%
$1,126,643
$1.1M
Cap Rate 9%
$876,278
$876.3K
Market Conditions
NOI Build-Up for 3,727 SF
Gross rent
$118.5K $31.80/SF
− Vacancy
−$5.9K −$1.57/SF
EGI
$112.7K $30.23/SF
− OpEx
−$33.8K −$9.07/SF
NOI
$78.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,577,300
Cap Rate 7%
$1,126,643
Cap Rate 9%
$876,278
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$985.8K – $1.31M
NOI $78,865 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$1.06M
$926.9K – $1.24M
NOI $74,155 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,446 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Explore this area
Business Placement
Demographics for 01730, MA
14,566
Population
5,970
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
96%
High-School Grad
12.4 sq mi
ZIP Area
1,175
Density / Sq Mi
$158,286
Median Household Income
$88,504
Median Earnings
$2,430
Median Rent
$878,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Central air, gas heating, and refreshed kitchens and baths support a flexible three-unit residential layout.
Where is this triplex located?
The property is located at 81-83 South Road Bedford, MA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Three‑unit triplex totaling 3727 square feet; Unit mix includes one 3‑bed/2.5‑bath residence and two 2‑bed/2‑bath residences; Each unit includes its own dedicated garage space
