Active
2 Days on market
262 Oak Street Clinton — Photo 1 of 42

262 Oak Street Clinton — Photo 1 of 42

$510,000

Investment Analysis — 262 Oak Street

Clinton, MA 01510

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 01510 carries an estimated $4,390/mo in gross rent — about a 6.75% cap rate and $34,401/yr in estimated NOI at the $510,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

1,896

Style

2 Family - 2 Units Up/Down

Built

1910

This Clinton two-family offers an exciting opportunity for investors, owner-occupants, or multi-generational living. Live in one, rent the other, and let your property work for you! The top unit features three bedrooms, luxury vinyl plank flooring throughout, granite kitchen counters, and a gorgeous bathroom. The first floor offers two bedrooms, a renovated bath, and currently generates $1,800 per month in rental income. Enclosed porches on the 1st and 2nd floors add valuable bonus space. Out back, enjoy a gazebo and fire pit—perfect for summer evenings and outdoor gatherings. A solid two-car garage provides excellent parking, storage, or workspace. Leased solar panels will be assumed by the buyer. Numerous updates include a new roof, freshly painted walls, updated flooring, two boilers (2022) and hot water heaters. Clinton offers beautiful Wachusett Reservoir, a revitalized downtown with restaurants, coffee shops, parks, and arts. With established rental income, flexible living arrangements, and plenty of potential, this is a smart opportunity to build equity while offsetting your monthly expenses. Open houses Saturday and Sunday from 1:30 to 3:30 PM. Friday evening open house from 5-7 (unit 1 not available to show). Don’t miss this gem!

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.

Open Houses

Property Details

Financials

Original Price$510,000
Annual Taxes$5,636

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementFull, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR1

Property & Lot

Acres0.11
SqFt Lot5,000
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator • Dishwasher • Microwave • Other

Neighborhood

Shopping • Park • Walk/Jog Trails • Public School

Geography

Listing Provided By

Listing Agent: Daphne Barbas

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73577728