Legal Two-Family Italianate
880 Washington Street Holliston, MA 01746
880 Washington Street, Holliston, MA, 01746
$699,900
For Sale
$699,900
Light-filled home features high ceilings and an open concept main level with three upstairs bedrooms plus a lower one-bedroom unit.
Property Size2,056 SF
Price / SF$340.42
Days on Market164
Property Features for 880 Washington Street
General Information
- Standard status
- Active
- Size
- 2,056 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1872
Listing agency
Compass
Listed by
The Powissett Group
(413) 584-2900
Source
Mapleandmainrealty
Added: Feb 8 Updated: Jul 22 at 6:23AM Checked: Jul 22 at 6:23AM
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 Compass
Investment Insights
Based on property information with market context.
This beautifully maintained Italianate Colonial is a legal two-family home with light-filled interiors, high ceilings, and an open-concept layout. The main level is arranged for a spacious single-family feel, with three bedrooms upstairs. A private exterior entry serves the lower level, which includes a one-bedroom apartment.
The property has driveway access from a quiet side street and is within a short sidewalk stroll of the Upper Charles Rail Trail and downtown Holliston. Lake Winthrop is less than 3/4 mile away, and residents have access to the lake.
Overall, the configuration provides flexible options for how the upper and lower spaces may be used, with separate exterior access to the one-bedroom apartment below.
The property has driveway access from a quiet side street and is within a short sidewalk stroll of the Upper Charles Rail Trail and downtown Holliston. Lake Winthrop is less than 3/4 mile away, and residents have access to the lake.
Overall, the configuration provides flexible options for how the upper and lower spaces may be used, with separate exterior access to the one-bedroom apartment below.
Key Highlights
- 1872 Italianate Colonial in the heart of Holliston
- Light‑filled home with high ceilings and an open‑concept first floor
- Legal two‑family layout with 3 bedrooms upstairs plus a separate lower‑level 1‑bedroom apartment
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 | $65.4k | $31.80 |
| − Vacancy | −$3.2k | −$1.57 |
| EGI | $62.2k | $30.23 |
| − OpEx | −$18.6k | −$9.07 |
| NOI | $43.5k | $21.16 |
2,056 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$621.5K
$543.8K – $725.1K
NOI $43,506 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$584.4K
$511.3K – $681.8K
NOI $40,907 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,200 @ 7.0% cap · market cap 12.17%
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 - Light-filled home features high ceilings and an open concept main level with three upstairs bedrooms plus a lower one-bedroom unit.
Where is this duplex located?
The property is located at 880 Washington Street Holliston, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1872 Italianate Colonial in the heart of Holliston; Light‑filled home with high ceilings and an open‑concept first floor; Legal two‑family layout with 3 bedrooms upstairs plus a separate lower‑level 1‑bedroom apartment
