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    Renovated Two-Family with Abutting Lot Title is generated by Realmo AI

    9-11 Central Ave, Northbridge, MA 01534

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    For Sale
    $699,900

    Spacious, renovated two-family home with an additional lot.

    Type:Multi Family
    Property size:
    2,800 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $249/SF
    Added:
    Apr 14, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 20 at 6:16 pm

    Property Features for 9-11 Central Ave

    General Information

    Standard status
    Active
    Size
    2,800 SF
    Lot size
    0.07 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1940

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    Listing Contact
    Legacy Direct Realty Team

    Listing agent Jordan Healy

    Listing office RE/MAX Synergy

    Listing date Apr 14, 2026

    Source Lockandkeyre

    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 Synergy

    HighLights

    • Massive, renovated 2‑family home with potential to convert back to a 4‑family (with proper permitting).
    • Two large, recently renovated 3‑bedroom, 2‑bath units.
    • Includes an abutting .07‑acre lot.
    • Newer windows, brand‑new maintenance‑free vinyl siding, and newer roof.
    • Quiet, private street with views of the Blackstone River.
    • Large yard suitable for recreation and gardening.

    Overview

    This renovated two-family property presents an opportunity for owner-occupancy or investment. Formerly a four-family structure, it has been converted into a two-family home. The property includes an abutting 0.07-acre lot. Exterior updates include newer windows, brand-new maintenance-free vinyl siding, a newer roof, and new vinyl fencing. The property features two recently renovated units, each offering three bedrooms and two bathrooms. The units include LVP flooring throughout, fresh paint, updated kitchens, and renovated tiled bathrooms. Each unit has multiple private entrances. The original mechanical systems remain intact, including four heating systems, four electrical meters, and four gas meters, potentially allowing for conversion back to a four-family structure with proper permitting. The front and back yards provide ample space for outdoor activities.

    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 $55.4k $19.80
    − Vacancy −$1.4k −$0.49
    EGI $54.1k $19.31
    − OpEx −$16.2k −$5.79
    NOI $37.8k $13.52
    2,800 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $540.7K
    $473.1K – $630.8K (±1% cap)
    NOI $37,849 @ 7.0% cap · market cap 5.41%
    Second Best
    Apartment 5plus
    $470.6K
    $411.7K – $549.0K (±1% cap)
    NOI $32,939 @ 7.0% cap · market cap 4.71%
    Theoretical Best
    Office A
    $956.2K
    $836.6K – $1.12M (±1% cap)
    NOI $66,931 @ 7.0% cap · market cap 9.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6474248
    Latitude
    42.1484698

    FAQs

    What type of property is this?
    Duplex - Spacious, renovated two-family home with an additional lot.
    Where is this duplex located?
    The property is located at 9-11 Central Ave Northbridge, 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: Massive, renovated 2‑family home with potential to convert back to a 4‑family (with proper permitting).; Two large, recently renovated 3‑bedroom, 2‑bath units.; Includes an abutting .07‑acre lot.
    More about this property
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