1 Lesher St Boston — Photo 1 of 42
$949,000
Investment Analysis — 1 Lesher St
Boston, MA 02131 — Roslindale
Based on rent reported on the MLS listing, a 2-unit multi-family in 02131 carries $6,475/mo in gross rent — about a 5.35% cap rate and $50,800/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,326
Style
2 Family - 2 Units Up/Down
Built
1910
Strong two-family investment opportunity with value-add upside in the heart of Roslindale. Located on a quiet residential street, 1–3 Lesher Street generates $6,475 per month and $77,700 in annual gross income. Long-term tenants are currently paying below-market rents, providing room for future growth. Unit 1 is a first-floor 3-bedroom, 1-bathroom residence, gut-renovated prior to 2014 and currently rented for $3,175/month. Unit 2 is a spacious 3-bedroom, 2-bathroom duplex spanning the second and third floors, rented for $3,300/month, with potential for future updates. The property offers approximately 2,326 SF of living area on a 3,999 SF lot. Features include updated systems, brand new decking and railings, a 2-car garage, three tandem driveway spaces, and tenant-paid utilities. Conveniently located near Roslindale Village, shops, restaurants, and public transportation. Rent roll available upon request. Group showings Thursday, 9/17, from 12–1:30 PM and Saturday, 9/19, from 11 AM–12:30 PM.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property History
$949,000
Sep 15, 2026
MLS® 73577249
$929,000
May 15, 2026
MLS® 73508034
$929,000
Apr 27, 2026
MLS® 73508034
Listing Agent: Prospect Boston Team
Listing Office: Efron Property Group, LLC
MLS® Number: 73577249