Two-Unit Residential Income
86 Elm St Swansea, MA 02777
86 Elm St, Swansea, MA, 02777
$579,000
For Sale
$579,000
Two-bedroom duplex with a bonus office setup, large deck, and private driveway with garage.
Property Size1,851 SF
Price / SF$312.80
Days on Market111
Property Features for 86 Elm St
General Information
- Standard status
- Active
- Size
- 1,851 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1842
Listing agency
Amara Realty
(617) 397-3771
Listed by
Ebere Anosike
(617) 397-3771
Source
Lockandkeyre
Added: Apr 2 Updated: Jul 21 at 12:20AM Checked: Jul 21 at 3:30AM
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 Amara Realty
Investment Insights
Based on property information with market context.
This two-unit duplex offers two bedrooms per unit, with the first-floor layout including a bonus room currently configured as an office with a large closet. The living rooms are light-filled, and the property features a large deck. Updates include a new architectural shingled roof, new oak hardwood in some rooms, new window trims, and skylights.
The duplex is located on a calm street in Swansea, Massachusetts, with showings available by appointment.
Additional features include a huge lot, a private driveway, and a garage. The home has recently undergone multiple updates and presents continued room for improvements and expansion.
The duplex is located on a calm street in Swansea, Massachusetts, with showings available by appointment.
Additional features include a huge lot, a private driveway, and a garage. The home has recently undergone multiple updates and presents continued room for improvements and expansion.
Key Highlights
- 2‑family property built in 1842 with two separate 2‑bedroom units
- First‑floor unit includes a bonus room set up as an office with a large closet
- Spacious, light‑filled living rooms and bedrooms in both units
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 | $51.1k | $27.60 |
| − Vacancy | −$3.8k | −$2.07 |
| EGI | $47.3k | $25.53 |
| − OpEx | −$14.2k | −$7.66 |
| NOI | $33.1k | $17.87 |
1,851 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$472.6K
$413.5K – $551.3K
NOI $33,079 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.4K
NOI $30,742 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.13M
$986.3K – $1.32M
NOI $78,906 @ 7.0% cap · market cap 13.63%
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-bedroom duplex with a bonus office setup, large deck, and private driveway with garage.
Where is this duplex located?
The property is located at 86 Elm St Swansea, MA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2‑family property built in 1842 with two separate 2‑bedroom units; First‑floor unit includes a bonus room set up as an office with a large closet; Spacious, light‑filled living rooms and bedrooms in both units
