Active
37 Days on market
5 Highland Avenue Plainville — Photo 1 of 41

5 Highland Avenue Plainville — Photo 1 of 41

Recent Drop: $100,000

$1,249,900
$1,149,900

$1,149,900

Investment Analysis — 5 Highland Avenue

Plainville, MA 02762

Based on rent reported on the MLS listing, a 3-unit multi-family in 02762 carries $8,820/mo in gross rent — about a 6.10% cap rate and $70,101/yr in estimated NOI at the $1,149,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

5

SqFt

3,313

Style

3 Family

Built

1950

Don't miss this rare opportunity to own an exceptional three-family property in the heart of Plainville! This unique property features a two family home and a separate townhouse, offering a combined 3,313 square feet of well-maintained living space.The property will be delivered with Unit A vacant, making it an ideal opportunity for an owner-occupant or an investor looking to place their own tenant. All three units have an excellent rental history, making this a true turnkey investment. Unit A features the original home with 3 bedrooms, 1.5 bathrooms, a spacious kitchen with pantry, and a large open family room and dining area, completely remodeled. Unit B is a beautifully constructed townhouse, just two years old, offering 1,552 square feet of living space with 2 bedrooms and 2.5 bathrooms. Unit C, also just two years old, includes 2 bedrooms and 1.5 bathrooms with a thoughtfully designed layout. Each unit offers dedicated parking, a private outdoor space, and in-unit washer and dryer hookups, providing convenience and privacy for every resident.Whether you're an owner-occupant, investor, or completing a 1031 exchange, this impeccably maintained property presents an outstanding opportunity.Beyond the home itself, you'll enjoy everything the Town of Plainville has to offer, including the exciting revitalization of its downtown district, highlighted by the renowned Unlikely Story bookstore, local restaurants, shops, and community 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.

Property Details

Financials

Original Price$1,249,900
Annual Taxes$10,337

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms15
Fireplaces1
FlooringWood, Tile, Hardwood
BasementPartial, Bulkhead, Unfinished

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.28
SqFt Lot12,201
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Park • Walk/Jog Trails • Stable(s) • Golf • Medical Facility

Geography

Property History

Price Drop
$1,149,900

Was $1,249,900

Aug 19, 2026

MLS® 73560433

Listed
$1,249,900

Aug 6, 2026

MLS® 73560433

Listing Provided By

Listing Agent: Missy Wagner

Listing Office: Keller Williams Elite

MLS® Number: 73560433