489 South Ave. Whitman — Photo 1 of 42
$689,000
Investment Analysis — 489 South Ave.
Whitman, MA 02382
Based on rent reported on the MLS listing, a 2-unit multi-family in 02382 carries $1,850/mo in gross rent — about a 1.41% cap rate and $9,744/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
1,711
Style
2 Family - 2 Units Up/Down
Built
1895
RARE FIND! Exceptional Two-Family in sought-after Whitman! Well maintained multi-family offering ample parking, level backyard with newer deck and gorgeous brick patio. Each separately metered unit features high ceilings, hardwood flooring, comfortable layouts, spacious kitchens and updated bathrooms. The first-floor unit offers a spacious 2-bedroom, 1-bathroom layout and is currently vacant, providing an excellent opportunity for an owner-occupant or new tenant. The second-floor unit offers a 2-bedroom, 1-bathroom layout with flexible living space and is currently rented month-to-month. Attractive opportunity for investors considering a condo conversion or 1031 exchange, as well as owner-occupants looking to offset mortgage payments with rental income. Newer roof, siding, deck, storage shed and brick patio are all in great condition. A+ location, ideally situated just minutes from the commuter rail, with convenient access to shopping, parks, schools, and major highways. Group Showings by appointment: Saturday, August 22nd 12:00-1:30pm & Sunday, August 23rd 12:00-1:30PM.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Washer • Dryer • Dishwasher • Disposal
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Public School • T-Station
Geography
Listing Agent: Marie Anthony
Listing Office: RE/MAX Select Realty
MLS® Number: 73565485
