Investment Analysis — 119 M Street

Boston, MA 02127 — South Boston

Based on rent reported on the MLS listing, a 2-unit multi-family in 02127 carries $6,925/mo in gross rent — about a 3.83% cap rate and $48,787/yr in estimated NOI at the $1,275,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,489

Style

Multi Family

Built

1900

Rarely available two-family on South Boston's East Side, steps from East Broadway and M Street Beach. Unit 1 is a 1-bed, 1-bath with a finished lower level that offers real potential for the next owner, including a full walkout to the street, a rear patio, and full-size laundry. Two heat sources: gas hot-water baseboard and ductless mini-splits. Currently under-rented at $2,450 to a long-term tenant-at-will. Unit 2 is a 4-bed, 1.5-bath duplex, updated throughout with a modern kitchen, in-unit laundry, a heated floor in the main bath, and a private rear deck. Same two heat sources, plus Andersen windows and doors. Leased to three tenants through August 31, 2027 at $4,475. Value-add potential to grow the rent roll as-is or with minor renovations.

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 MLS and other third-party data may be inaccurate or out of date.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.