Split-Entry Two-Family
9 Carr Road Saugus, MA 01906
9 Carr Road, Saugus, MA, 01906
$875,000
For Sale
$875,000
Two-family split-entry residence with updated kitchen, three-season sunroom, and fenced level lot.
Property Size2,340 SF
Price / SF$373.93
Days on Market73
Property Features for 9 Carr Road
General Information
- Standard status
- Active
- Size
- 2,340 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1978
Listing agency
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 233-7300
Listed by
Wendy Carpenito
Source
Stevebremis
Added: May 10 Updated: Jul 20 at 4:37PM Checked: Jul 20 at 4:37PM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
This split-entry two-family home offers 10 total rooms across two living levels, with layouts featuring open floor plans and multiple bedroom configurations. The main level includes updated kitchen finishes with granite countertops, a peninsula with seating, a bright three-season sunroom leading to a deck, and a spacious living room with cathedral ceilings. A gas fireplace with a granite hearth, wood flooring, and a wall air conditioner support comfortable everyday use. The primary bedroom includes a convenient walk-through to a main bath with a granite top vanity.
The finished lower area provides additional flexible living space, including a family room that can function as part of the main house or as part of the legal apartment offering a living room, an eat-in kitchen with laminate flooring, and a slider to a deck. Updates include gas heat and hot water installed in 2014, along with mostly replacement windows. The property also features a large two-car garage with finished second level and electric heat, plus a convenient roof bridge to enter the home.
Outside, the home sits on a large, level fenced lot with a storage shed. The residence is described as located in the Carr Farms neighborhood.
The finished lower area provides additional flexible living space, including a family room that can function as part of the main house or as part of the legal apartment offering a living room, an eat-in kitchen with laminate flooring, and a slider to a deck. Updates include gas heat and hot water installed in 2014, along with mostly replacement windows. The property also features a large two-car garage with finished second level and electric heat, plus a convenient roof bridge to enter the home.
Outside, the home sits on a large, level fenced lot with a storage shed. The residence is described as located in the Carr Farms neighborhood.
Key Highlights
- Split‑entry two‑family home built in 1978 with 10 rooms, 3–5 bedrooms, and 2 full baths
- Updated kitchen with granite countertops and peninsula seating, plus a bright three‑season sunroom leading to a deck
- Finished lower level offers flexible living: family room usable with main house or as part of the legal apartment with living room, eat‑in kitchen, and full bath
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 | $59.0k | $25.20 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $56.3k | $24.07 |
| − OpEx | −$16.9k | −$7.22 |
| NOI | $39.4k | $16.85 |
2,340 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$563.1K
$492.8K – $657.0K
NOI $39,420 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$508.3K
$444.8K – $593.1K
NOI $35,583 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $96,969 @ 7.0% cap · market cap 11.08%
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 - Two-family split-entry residence with updated kitchen, three-season sunroom, and fenced level lot.
Where is this duplex located?
The property is located at 9 Carr Road Saugus, MA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Split‑entry two‑family home built in 1978 with 10 rooms, 3–5 bedrooms, and 2 full baths; Updated kitchen with granite countertops and peninsula seating, plus a bright three‑season sunroom leading to a deck; Finished lower level offers flexible living: family room usable with main house or as part of the legal apartment with living room, eat‑in kitchen, and full bath
