Active

5 Days on market

4 Third Avenue Dudley — Photo 1 of 42

$450,000

Investment Analysis — 4 Third Avenue

Dudley, MA 01571

Based on rent reported on the MLS listing, a 2-unit multi-family in 01571 carries $3,100/mo in gross rent — about a 5.46% cap rate and $24,586/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,184

Style

2 Family - 2 Units Up/Down

Built

1987

A versatile two-family opportunity just approximately 1.2 miles from Dudley Beach, this property offers two identical units with practical layouts and flexibility for an owner-occupant or investor. Each residence features a kitchen, living room, three bedrooms, and a full bath, providing a straightforward setup for rental use or multi-generational living. The units offer a solid foundation for a buyer looking to generate rental income from one or both spaces while making updates over time to suit their goals. An unfinished basement provides additional storage and access to the building’s systems. Outside, a paved driveway offers off-street parking, with mature trees and grassy yard space surrounding the property. Big ticket updates include a roof in 2023 and hot water heaters for both units in 2024. Whether you're looking to owner-occupy while offsetting expenses with rental income or add a two-family property to your portfolio, this location offers flexibility with the added appeal of being close to Dudley Beach and local amenities.

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 MLS and other third-party data may be inaccurate or out of date.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.