Residential Income
865 South Barre Road Barre, MA 01074
For Sale
$374,900
Duplex for sale with an open floor plan and functional kitchen, positioned for immediate occupancy.
Property Size2,725 SF
Price / SF$137.58
Days on Market151
Property Features for 865 South Barre Road
General Information
- Standard status
- Active
- Size
- 2,725 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1925
Listing Agency:
Lisboa Realty
(508) 449-0400
Listed By:
Eric Callahan · License #9536876
(508) 449-0400
Source:
Compass
Added: Feb 23
Changed: Jul 23
Last Checked: Jul 23 at 7:13AM
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 Lisboa Realty
Investment Insights
Based on property information with market context.
This residential income duplex offers an open floor plan throughout the living areas and a functional, appealing kitchen. The property is described as thoroughly ready for immediate occupancy.
The duplex is located at 865 S Barre Rd in Barre, Massachusetts.
While specific unit layouts and bedroom/bathroom counts are not provided, the overall design centers on bright, airy living spaces supported by an open arrangement of the main areas.
The duplex is located at 865 S Barre Rd in Barre, Massachusetts.
While specific unit layouts and bedroom/bathroom counts are not provided, the overall design centers on bright, airy living spaces supported by an open arrangement of the main areas.
Key Highlights
- Duplex residence on a corner lot
- 2 full baths (2.0 total)
- Kitchen with a functional design
Financial Insights For Apartment 5plus
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 | $59.8k | $21.96 |
| − Vacancy | −$1.6k | −$0.57 |
| EGI | $58.3k | $21.39 |
| − OpEx | −$26.2k | −$9.63 |
| NOI | $32.1k | $11.76 |
2,725 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$526.2K
$460.5K – $613.9K
NOI $36,836 @ 7.0% cap · market cap 9.83%
Second Best
Apartment 5plus
$458.0K
$400.7K – $534.3K
NOI $32,057 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$930.5K
$814.2K – $1.09M
NOI $65,138 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale with an open floor plan and functional kitchen, positioned for immediate occupancy.
Where is this duplex located?
The property is located at 865 South Barre Road Barre, MA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Duplex residence on a corner lot; 2 full baths (2.0 total) ; Kitchen with a functional design
