Oversized Two-Family
84 Greenwood Ave Swampscott, MA 01907
84 Greenwood Ave, Swampscott, MA, 01907
$1,350,000
For Sale
$1,350,000
Two-family, three-level home with updated kitchens, in-unit laundry, private deck, and ample parking on a large yard.
Property Size2,987 SF
Price / SF$451.96
Days on Market85
Property Features for 84 Greenwood Ave
General Information
- Standard status
- Active
- Size
- 2,987 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
USA Realty LLC
(617) 515-9933
Listed by
Julio R. Carrera
(617) 515-9933
Source
Lockandkeyre
Added: Apr 29 Updated: Jul 22 at 3:45PM Checked: Jul 22 at 3:45PM
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 USA Realty LLC
Investment Insights
Based on property information with market context.
This oversized two-family, three-level residence offers two distinct units with an owner-occupant feel and strong day-to-day functionality. The owner’s unit is set up like a single-family layout with five bedrooms, two full baths, and a private deck. The first-floor unit includes two bedrooms and two full baths. Both units feature beautifully updated kitchens and in-unit laundry.
The property is described as just two blocks from the beach and includes a large yard with abundant parking. The combination of well-maintained interiors and practical utilities supports flexible use for both residents and tenants.
Easy to show, this is a solid option for buyers seeking a two-family home with updated finishes, convenient in-unit laundry, and outdoor space with parking.
The property is described as just two blocks from the beach and includes a large yard with abundant parking. The combination of well-maintained interiors and practical utilities supports flexible use for both residents and tenants.
Easy to show, this is a solid option for buyers seeking a two-family home with updated finishes, convenient in-unit laundry, and outdoor space with parking.
Key Highlights
- Two‑family, three‑level home built in 1900, just two blocks from the beach
- Owner’s unit features 5 bedrooms, 2 full baths, and a private deck
- First‑floor unit offers 2 bedrooms and 2 full baths
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 | $75.3k | $25.20 |
| − Vacancy | −$3.4k | −$1.13 |
| EGI | $71.9k | $24.07 |
| − OpEx | −$21.6k | −$7.22 |
| NOI | $50.3k | $16.85 |
2,987 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$718.9K
$629.0K – $838.7K
NOI $50,320 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$648.9K
$567.8K – $757.0K
NOI $45,422 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,781 @ 7.0% cap · market cap 9.17%
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-family, three-level home with updated kitchens, in-unit laundry, private deck, and ample parking on a large yard.
Where is this duplex located?
The property is located at 84 Greenwood Ave Swampscott, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two‑family, three‑level home built in 1900, just two blocks from the beach; Owner’s unit features 5 bedrooms, 2 full baths, and a private deck; First‑floor unit offers 2 bedrooms and 2 full baths
