Active
2 Days on market
50 Perrin Street Boston — Photo 1 of 42

50 Perrin Street Boston — Photo 1 of 42

$1,615,000

Investment Analysis — 50 Perrin Street

Boston, MA 02119

Based on rent reported on the MLS listing, a 3-unit multi-family in 02119 carries $10,478/mo in gross rent — about a 4.96% cap rate and $80,089/yr in estimated NOI at the $1,615,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

7

SqFt

4,100

Style

3 Family

Built

1890

Assumable 5% interest rate for owner-occupants. A rare offering consisting of 3 existing residential units, 1 approved additional dwelling unit on the garden level, off-street parking, 8 total bedrooms, 7 bathrooms, and over 4,000 square feet of rentable, above grade living space. This meticulously updated and maintained French Mansard includes three updated units with soaring ceilings and in-unit laundry. The building has a strong rental history. Positioning within Roxbury's Golden Triangle situates occupants perfectly within proximity to all major universities, employers, hospitals, transportation, and parks. The home has undergone extensive renovation and remodeling including cosmetic updates like kitchens, floors, and bathrooms, but also mechanical systems, decks, lifetime vinyl siding, and roof have all been recently addressed. In place rent features unit 1 previously rented for $4,000 per month, Unit 2 at will paying $3,478 per month, and Unit 3 paying $3,000 per month (Total $10,478 per month). Finishing the garden dwelling unit (3 beds/2 baths, 875 SF), will bring in a conservative $3,000 per month in additional rental income ($13,478 per month total). This property is truly a one-of-a-kind opportunity and unlike any other on the market.

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 MLS and other third-party data may be inaccurate or out of date.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$1,615,000
Annual Taxes$15,470

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Vinyl, Hardwood
BasementFull

Climate & Utilities

HeatingCentral, Unit Control
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningR3

Property & Lot

Acres0.13
SqFt Lot5,573
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Smith & Oak Greater Boston Group

Listing Office: Smith and Oak Real Estate Co.

MLS® Number: 73577655