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

    9-11 Central Ave, Northbridge, MA 01534

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    Claim this Listing
    For Sale
    $699,900

    Spacious, renovated two-family home with potential for conversion.

    Type:Multi Family Home
    Property size:
    2,800 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $249/SF
    Added:
    Apr 23, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 23 at 7:55 am

    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 Home

    Building Details

    Year Built
    1940

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    Listing Contact
    Legacy Direct Realty Team

    Listing agent Legacy Direct Realty Team

    Listing office RE/MAX Synergy

    Listing date Apr 23, 2026

    Source Alliancepartnersre

    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 with updated kitchens and bathrooms.
    • Includes an abutting .07‑acre lot, expanding the property's potential.
    • Newer windows, brand‑new maintenance‑free vinyl siding, and newer roof.
    • Located on a quiet, private street with views of the Blackstone River.
    • Large front and back yard suitable for various activities.

    Overview

    This renovated two-family property, formerly a four-family, presents an opportunity for owner occupancy or investment. Situated on a quiet, private street, the property offers views of the Blackstone River. Original mechanicals, including four heating systems, four electrical meters, and four gas meters, have been kept intact, potentially allowing for conversion back to a four-family with proper permitting. The property includes an abutting 0.07-acre lot. Updates to the home include newer windows, brand-new maintenance-free vinyl siding, a newer roof, and new vinyl fencing. The property boasts two large, recently renovated 3-bedroom, 2-bath units, featuring LVP flooring throughout, fresh paint, updated kitchens, and renovated tiled bathrooms. Each unit has two full bathrooms and multiple private entrances. The front and back yards offer ample space for outdoor activities such as gardening and barbecues. The property size is 2800 square feet.

    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 potential for conversion.
    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 with updated kitchens and bathrooms.; Includes an abutting .07‑acre lot, expanding the property's potential.
    More about this property
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