Fully Remodeled Two-Family
87 Pearl Street Middleboro, MA 02346
For Sale
$725,000
Fully remodeled two-family property with spacious units, updated finishes, natural light, and a detached three-car garage.
Property Size2,268 SF
Price / SF$319.66
Days on Market159
Property Features for 87 Pearl Street
General Information
- Standard status
- Active
- Size
- 2,268 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing Agency:
RE/MAX Legacy
(508) 946-1661
Listed By:
Chelsea McLaughlin · License #9560250
(508) 946-1661
Source:
Compass
Added: Feb 16
Changed: Jul 22
Last Checked: Jul 23 at 9:55AM
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 RE/MAX Legacy
Investment Insights
Based on property information with market context.
This fully remodeled two-family property offers two spacious layouts with large rooms, updated interior finishes, and abundant natural light. The renovations are designed to modernize the living spaces while keeping the units comfortable and functional for everyday use.
The exterior includes a detached three-car garage, providing off-street parking and additional space that can support storage needs. The property is located near downtown and conveniences such as shopping, restaurants, schools, and major routes.
Offered as a turn-key multi-family opportunity, the home is well-suited for an owner-occupant seeking a flexible setup or an investor looking for rental-focused income potential.
The exterior includes a detached three-car garage, providing off-street parking and additional space that can support storage needs. The property is located near downtown and conveniences such as shopping, restaurants, schools, and major routes.
Offered as a turn-key multi-family opportunity, the home is well-suited for an owner-occupant seeking a flexible setup or an investor looking for rental-focused income potential.
Key Highlights
- Fully remodeled 2‑family property with two 2‑bath units
- Interior finishes include tile and hardwood flooring
- Basement includes walk‑out access with interior access
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 | $57.8k | $25.50 |
| − Vacancy | −$3.1k | −$1.36 |
| EGI | $54.8k | $24.14 |
| − OpEx | −$16.4k | −$7.24 |
| NOI | $38.3k | $16.90 |
2,268 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$547.6K
$479.1K – $638.8K
NOI $38,330 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$504.7K
$441.6K – $588.8K
NOI $35,326 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,985 @ 7.0% cap · market cap 12.96%
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 - Fully remodeled two-family property with spacious units, updated finishes, natural light, and a detached three-car garage.
Where is this duplex located?
The property is located at 87 Pearl Street Middleboro, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Fully remodeled 2‑family property with two 2‑bath units; Interior finishes include tile and hardwood flooring; Basement includes walk‑out access with interior access
