Investment Analysis — 474 Central St

Saugus, MA 01906

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01906 carries an estimated $6,730/mo in gross rent — about a 4.23% cap rate and $49,888/yr in estimated NOI at the $1,179,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,827

Style

Multi Family

Built

1910

Welcome to 474 Central Street! This beautifully renovated two-family home offers the perfect combination of modern finishes, spacious living and exceptional versatility. Renovated approximately four years ago with condo-quality finishes throughout, each townhouse-style unit features three bedrooms, two full baths and thoughtfully designed living spaces.Both units showcase stunning open-concept kitchens with shaker cabinetry, quartz countertops, subway tile backsplashes, stainless steel appliances, wine refrigerators and designer lighting over spacious islands. Beautiful hardwood floors flow throughout, creating a warm and inviting atmosphere.Unit One offers a spacious kitchen, living and dining area, two bedrooms and a beautifully tiled full bath on the main level. The finished lower level provides additional living space, a third bedroom and another full bath.Unit Two features an open-concept kitchen, living and dining area, along with a primary bedroom highlighted by a cathedral ceiling. The upper level offers two additional bedrooms and a beautifully appointed full bath with a skylight.Additional improvements completed approximately four years ago include an architectural shingle roof, updated plumbing and electrical, foam insulation and two high-efficiency, two-zone gas HVAC systems with central air conditioning.Enjoy private decks overlooking a beautifully landscaped, expansive fenced backyard, perfect for outdoor entertaining and relaxation. A six-car driveway provides ample off-street parking.Conveniently located near Route 1, shopping, dining and major commuter routes, this exceptional property presents a wonderful opportunity for owner-occupants or investors. Move right in and enjoy the benefits of a beautifully updated two-family home

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.