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56 Park Street Boston — Photo 1 of 42

56 Park Street Boston — Photo 1 of 42

$1,999,995

Investment Analysis — 56 Park Street

Boston, MA 02129 — Charlestown - Historic Training Field

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02129 carries an estimated $4,820/mo in gross rent — about a 1.05% cap rate and $20,987/yr in estimated NOI at the $1,999,995 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,236

Style

Single Family

Built

1810

Beloved Historic Training Field/ Winthrop Square Location - Sunny and spacious three bedroom, two and half bath home offers a roofdeck with city views, a deck off the kitchen, and a juliet balcony. Enter from Park Street or Common Street to an open, combination floorplan of living room with wood floors and a gas fireplace, which connects to the dining room with a bay window overlooking the Training Field, plus a wall of three French doors for added light. The kitchen with gas cooking has direct access to an enclosed deck for outside enjoyment and entertainment. The first floor powder room and coat closet add to ease of living. The second floor bedroom/office has a French Door to a juliet balcony overlooking the park, and ample closet space. A hall Library off of the second corner bedroom, and a full bath, complete the second floor. The top floor showcases a Main Bedroom Suite with 7 windows with views overlooking the Training Field and city, a glimpse of the USS Constitution masts, with light from three sides, plus a walk-in closet/dressing room and a full bathroom. The hallway spiral staircase leads to a roofdeck with expansive sky, city and park views. The lower level offers an unfinished basement plus a laundry room, and ample storage. Garage parking available for rent nearby. Close proximity to the bus and walking to Boston and Charlestown restaurants and shops.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,236 sq ft principal dwelling). Lot size: 871 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Open Houses

Property Details

Financials

Original Price$1,999,995
Annual Taxes$22,971

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile
BasementFull

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.02
SqFt Lot871
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBathroom 3
Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Third
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Third
Listing Provided By

Listing Agent: Diane Valle

Listing Office: Boston Portfolio Properties, LLC

MLS® Number: 73578652