
58 Main Street Topsfield — Photo 1 of 37
$1,095,000
Investment Analysis — 58 Main Street
Topsfield, MA 01983
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01983 carries an estimated $2,040/mo in gross rent — about a 0.39% cap rate and $4,281/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
5,419
Style
Other
Built
1900
Exceptional opportunity to own two attached condominiums, comprised of 17 total office spaces. This commercial investment in the heart of downtown Topsfield is set on high-visibility Main Street in one of the North Shore's most affluent, low-vacancy communities. This approximately 5,419 square foot office property offers stable in-place income with substantial room to grow. The property is approximately 85% occupied by a diversified, professional tenant base, including psychology, legal, technology, wellness, and personal-service businesses, many of them long-term. All tenancies are at-will, giving a new owner rare flexibility to reposition the rent roll and move rents to market on a short timeline. Herein lies the upside: rents have not been increased in years and sit well below market, and threeunits are available now, one of which can be reconfigured into three separate offices to maximize income. With light management and a proactive leasing strategy, an investor can meaningfully lift NOI. Detailed rent roll and stabilized pro forma available upon request. Ideal for a value-add investor, owner-user seeking to occupy while collecting income, or a 1031 exchange buyer looking for a well-located North Shore asset with a clear path to appreciation. Strong pedestrian access, established foot traffic, and durable demand for small professional suites round out a compelling offering. Don't miss this opportunity to acquire a landmark Main Street property with immediate income and long-term growth
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,095,000
Sep 18, 2026
MLS® 73579479
$400
Nov 30, 2024
MLS® 73184030
$1,795
Nov 30, 2024
MLS® 73184032
$400
Nov 30, 2023
MLS® 73184030
$1,795
Nov 30, 2023
MLS® 73184032
$22
Sep 1, 2005
MLS® 70171459
$22
Apr 11, 2005
MLS® 70171459
Listing Agent: Tristan Horan
Listing Office: RE/MAX Bentley's
MLS® Number: 73579479

