Active
2 Days on market
155 N St Boston — Photo 1 of 38

155 N St Boston — Photo 1 of 38

$2,095,000

Investment Analysis — 155 N St

Boston, MA 02127 — South Boston

Based on rent reported on the MLS listing, a 3-unit multi-family in 02127 carries $14,200/mo in gross rent — about a 5.18% cap rate and $108,615/yr in estimated NOI at the $2,095,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

4

SqFt

3,258

Style

3 Family

Built

1905

Rare opportunity to own a turn-key 3-family property in a phenomenal East Side South Boston location, just steps from the beach. Offering 3,258 SF, the property features 3 well-proportioned units, including a bi-level 3-bedroom, 2-bathroom Unit 1 and two 3-bedroom, 1-bathroom units. All three units feature hardwood floors and in-unit laundry. Units 2 and 3 each have private rear decks, while Unit 1 has a private portion of the rear paver patio, with additional shared patio space. All three units are leased through August 31, 2027, the property generates $170,400 annually ($14,200/month), with rents that are modestly below current market levels, providing an attractive opportunity for future income growth. A fantastic investment in one of South Boston's most desirable locations, just steps from the beach and surrounded by neighborhood restaurants, shops and public transportation. Properties offering this combination of size, location, income and upside are rarely available for sale.

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 MLS and other third-party data may be inaccurate or out of date.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$2,095,000
Annual Taxes$20,889

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementPartially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationBrick/Mortar
ZoningR3

Property & Lot

Acres0.04
SqFt Lot1,875
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Listing Provided By

Listing Agent: Michael Sylvia

Listing Office: Terrier Real Estate

MLS® Number: 73578237