Two-Unit Residential Income
9 Oxford Road Gloucester, MA 01930
9 Oxford Road, Gloucester, MA, 01930
$2,100,000
For Sale
$2,100,000
Two-family home offering separate owner and upper units with multiple bedrooms, baths, and substantial living space.
Property Size5,111 SF
Price / SF$410.88
Days on Market64
Property Features for 9 Oxford Road
General Information
- Standard status
- Active
- Size
- 5,111 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2012
Listing agency
RE/MAX Beacon
Listed by
The Murray Brown Group
(617) 696-6100
Source
Kelleyrege
Added: May 19 Updated: Jul 21 at 2:01PM Checked: Jul 21 at 2:01PM
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 Beacon
Investment Insights
Based on property information with market context.
This two-family residential income property offers two separate units within a single home. The owner’s unit includes approximately 3,283 square feet and features an open-concept great room with kitchen, dining, and living areas. Additional interior highlights include a primary suite with walk-in closet and a private bath with a large walk-in shower and soaking tub, plus a second bedroom, full bath, half bath, and an office. Outdoor living is available from a large composite wraparound deck reserved for the owner’s unit.
The second-floor unit provides approximately 1,828 square feet with three bedrooms, a full bath, and spacious living areas. It also includes hardwood floors and a large eat-in kitchen.
The property is located at 9 Oxford Road in Gloucester, described as being just moments from Good Harbor Beach, with access to nearby shopping and dining.
The second-floor unit provides approximately 1,828 square feet with three bedrooms, a full bath, and spacious living areas. It also includes hardwood floors and a large eat-in kitchen.
The property is located at 9 Oxford Road in Gloucester, described as being just moments from Good Harbor Beach, with access to nearby shopping and dining.
Key Highlights
- Two‑family home built in 2012 with 5,111 SF of total living space
- Owner’s unit: 3,283 SF with an 800+ SF open‑concept great room combining kitchen, dining, and living
- Owner’s unit primary suite includes walk‑in closet plus large walk‑in shower and soaking tub
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 | $128.8k | $25.20 |
| − Vacancy | −$5.8k | −$1.13 |
| EGI | $123.0k | $24.07 |
| − OpEx | −$36.9k | −$7.22 |
| NOI | $86.1k | $16.85 |
5,111 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,101 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$1.11M
$971.5K – $1.30M
NOI $77,720 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $211,799 @ 7.0% cap · market cap 10.09%
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 home offering separate owner and upper units with multiple bedrooms, baths, and substantial living space.
Where is this duplex located?
The property is located at 9 Oxford Road Gloucester, MA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two‑family home built in 2012 with 5,111 SF of total living space; Owner’s unit: 3,283 SF with an 800+ SF open‑concept great room combining kitchen, dining, and living; Owner’s unit primary suite includes walk‑in closet plus large walk‑in shower and soaking tub
