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23 North St Douglas — Photo 1 of 31

23 North St Douglas — Photo 1 of 31

$399,900

Investment Analysis — 23 North St

Douglas, MA 01516

Based on rent reported on the MLS listing, a 2-unit multi-family in 01516 carries $1,800/mo in gross rent — about a 3.10% cap rate and $12,381/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

1,820

Style

Multi Family

Built

1880

Charming two-family property in the heart of Douglas offering excellent owner-occupant or investment potential. Built in 1880 and full of character, this well-situated home features approximately 1,820 square feet of living area over two levels. The property offers ample off-street parking, a detached garage for storage or workshop use, and a spacious gravel driveway accommodating multiple vehicles. A wooded backdrop provides added privacy while maintaining convenient access to local amenities, schools, shopping, and major commuter routes. The unfinished basement offers additional storage space and utility access. Separate living areas make this an attractive opportunity for rental income, multi-generational living, or owner-occupancy with supplemental income. Located in the Village Residential district and set on a manageable lot, this property combines historic New England charm with practical functionality. Whether you're looking to expand your investment portfolio or secure a versatile multifamily property, this Douglas two-family is worth a closer look.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$399,900
Annual Taxes$4,035

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningVR

Property & Lot

Acres0.14
SqFt Lot6,294
Lot FeaturesCorner Lot, Wooded

Geography

Listing Provided By

Listing Agent: Brandon O'Neal

Listing Office: Coldwell Banker Realty - Worcester

MLS® Number: 73570597