Two-Family Home with Retail
830 Main Street Hanson, MA 02341
830 Main Street, Hanson, MA, 02341
$639,999
For Sale
$639,999
Older two-family structure with a connected former retail space, sold as-is and set up for restoration or redevelopment.
Property Size3,155 SF
Price / SF$202.85
Days on Market46
Property Features for 830 Main Street
General Information
- Standard status
- Active
- Size
- 3,155 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1850
Listing agency
Coldwell Banker Realty - Easton
(508) 328-6563
Listed by
Catherine Walsh · License #9580272
Source
Eganrealtygroup
Added: Jun 6 Updated: Jul 21 at 2:01AM Checked: Jul 21 at 2:01AM
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 Coldwell Banker Realty - Easton
Investment Insights
Based on property information with market context.
This older two-family home includes two residential units plus an adjacent former retail space. The upstairs unit offers 3 bedrooms and 2 baths, while the lower unit includes 3 bedrooms and 1 bath. The property is positioned as a restoration and redevelopment project and is being sold as-is.
Showings are limited to the scheduled open house on Friday, June 12 from 12:00–1:00 PM only. The property is located approximately 2 minutes from the Hanson T station, supporting commuter-focused convenience.
The layout combines residential income potential with an additional commercial component, making it well-suited for buyers looking to update the existing structure or rework the adjacent space.
Showings are limited to the scheduled open house on Friday, June 12 from 12:00–1:00 PM only. The property is located approximately 2 minutes from the Hanson T station, supporting commuter-focused convenience.
The layout combines residential income potential with an additional commercial component, making it well-suited for buyers looking to update the existing structure or rework the adjacent space.
Key Highlights
- Older two‑family home built in 1850, sold as‑is
- Upstairs unit features 3 bedrooms and 2 baths
- Lower unit features 3 bedrooms and 1 bath
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 | $80.5k | $25.50 |
| − Vacancy | −$4.3k | −$1.36 |
| EGI | $76.2k | $24.14 |
| − OpEx | −$22.9k | −$7.24 |
| NOI | $53.3k | $16.90 |
3,155 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$761.7K
$666.5K – $888.7K
NOI $53,321 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$702.0K
$614.3K – $819.0K
NOI $49,142 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,742 @ 7.0% cap · market cap 20.43%
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 - Older two-family structure with a connected former retail space, sold as-is and set up for restoration or redevelopment.
Where is this duplex located?
The property is located at 830 Main Street Hanson, MA.
What is the asking price?
The asking price for this property is $639,999.
What are key features of this property?
This property features: Older two‑family home built in 1850, sold as‑is; Upstairs unit features 3 bedrooms and 2 baths; Lower unit features 3 bedrooms and 1 bath
