Two-Family Residential Income
81 Bedford Street Bridgewater, MA 02324
81 Bedford Street, Bridgewater, MA, 02324
$649,900
For Sale
$649,900
Two separately deeded lots with owner-occupied units cleared and vacated, plus parking, a garage, and a fenced yard.
Property Size2,413 SF
Lot Size0.31 Acres
Price / SF$269.33
Days on Market97
Property Features for 81 Bedford Street
General Information
- Standard status
- Active
- Size
- 2,413 SF
- Lot size
- 0.31 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Conway - Bridgewater
Listed by
Doug Crane
(617) 731-4644
Source
Hammondre
Added: Apr 17 Updated: Jul 21 at 2:20PM Checked: Jul 21 at 2:20PM
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 Conway - Bridgewater
Investment Insights
Based on property information with market context.
This classic two-family property includes two separately deeded lots, with one lot described as having Bedford frontage and the other accessed via Maple Ave. The property features two large, bright open rooms in each unit, with owner-occupied status reported and units cleared and vacated to allow for new full market-rate rents. Exterior amenities include a one-car garage, a fenced back yard area, and parking for approximately 8–10 vehicles. Improvements noted include a newer roof and gutters, along with undated breaker boxes.
Situated in the central square area of Bridgewater, the property is described as being next to the university community and between Central Sq and the train station, supporting convenient access for tenants.
Please contact the listing agent for additional details on the lots and the current unit status.
Situated in the central square area of Bridgewater, the property is described as being next to the university community and between Central Sq and the train station, supporting convenient access for tenants.
Please contact the listing agent for additional details on the lots and the current unit status.
Key Highlights
- 1890‑built 2‑family property with two separately deeded lots
- Lot 1: 7,920 sq ft with Bedford frontage
- Lot 2: 5,701 sq ft with Maple Ave access
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 | $61.5k | $25.50 |
| − Vacancy | −$3.3k | −$1.36 |
| EGI | $58.3k | $24.14 |
| − OpEx | −$17.5k | −$7.24 |
| NOI | $40.8k | $16.90 |
2,413 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$582.6K
$509.8K – $679.7K
NOI $40,781 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$536.9K
$469.8K – $626.4K
NOI $37,585 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $99,994 @ 7.0% cap · market cap 15.39%
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 - Two separately deeded lots with owner-occupied units cleared and vacated, plus parking, a garage, and a fenced yard.
Where is this duplex located?
The property is located at 81 Bedford Street Bridgewater, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 1890‑built 2‑family property with two separately deeded lots; Lot 1: 7,920 sq ft with Bedford frontage; Lot 2: 5,701 sq ft with Maple Ave access
