Active
3 Days on market
47 - 49 Middle Street Braintree — Photo 1 of 39

47 - 49 Middle Street Braintree — Photo 1 of 39

$1,250,000

47 - 49 Middle Street, Braintree, MA 02184

Braintree, MA 02184 — East Braintree

Investor Analysis

Beds

8

Baths

4

SqFt

3,986

Style

4 Family - 4 Units Up/Down

Built

1890

Whether you’re seeking a multi-family for owner occupancy, landlord rental opportunity, or investment property of any kind, this one has something for all. This 4-unit residential property has been very well maintained both inside and out, along with decades of consistent tenant occupied rental history. Roof, decks, replacement windows, hardwood floor refinishing and interior painting have been tended to over time, making for low maintenance ownership. Each unit varies a bit in style, with each retaining much character and charm. All offer separate utilities, 2-bedrooms, 1-full bath, hardwood flooring and two off-street parking spaces, with tenants paying heat and electricity individually. You'll find two units on the first floor, and two on the second floor. All have direct access to the basement where you’ll find Speed Queen coin-op laundry, separate electric panels, heating and hot water systems (both natural gas fired). Currently, each unit is offered 2 off-street parking spaces in the driveway. Unit 47 (aka unit 1) will be delivered vacant and offers a newly remodeled kitchen and refreshed bath. Unit 49 (aka unit 2) will also be delivered vacant. Units 51 (aka 3) and 53 (aka 4) are currently tenant occupied. The newly installed Monatiquot River Middle Street Loop Trail access is near the top of the driveway, making for a tranquil getaway right next door. Mature trees and plantings throughout the well landscaped yard. You’ll find the MBTA bus line runs on Middle Street, and easy access to several MBTA stations/Red Line and Commuter Rail. Convenient access to all major commuting routes and local shopping. Town water and sewer, East Middle School is nearby. Income/expense report available upon request. Showings by appointment.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$314/sqft
Local Avg (Braintree)$405/sqft
22% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Braintree, MA.

Property Details

Financials

Original Price$1,250,000
Annual Taxes$9,737

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms16
Fireplaces1
FlooringVinyl, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingNatural Gas, Individual
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationGranite
ZoningB

Property & Lot

Acres0.31
SqFt Lot13,399
Lot FeaturesSloped

Neighborhood

Public Transportation • Shopping • Park • Golf • Laundromat • Bike Path

Geography

Population

38,899

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$122K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

22.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Norfolk County

1,524 housing units permitted in the last 12 months (+52% vs the prior 12 months) — 1,030 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Melissa Garlisi

Listing Office: Keller Williams Realty Signature Properties

MLS® Number: 73578522

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