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147-149 Meridian Street Boston — Photo 1 of 23

147-149 Meridian Street Boston — Photo 1 of 23

$2,295,000

Investment Analysis — 147-149 Meridian Street

Boston, MA 02128 — East Boston

Based on rent reported on the MLS listing, a 6-unit multi-family in 02128 carries $6,850/mo in gross rent — about a 2.13% cap rate and $48,865/yr in estimated NOI at the $2,295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

5.5

SqFt

4,750

Style

5-9 Family

Built

1920

Mixed-use brick building with 5 residential units and 1 commercial space on a busy commercial block near Central Square and Maverick Square. The property offers 4 one-bedroom units, each with 1 bathroom, and 1 two-bedroom unit with 1 bathroom and a deck. All 5 residential units share one gas heating system but have separate electric meters. Rent includes heat, hot water, and cooking gas for all residential units. The commercial space offers separate utilities.

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 MLS and other third-party data may be inaccurate or out of date.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$2,295,000
Annual Taxes$13,607

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Other
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
FoundationBrick/Mortar
ZoningRC

Property & Lot

Acres0.04
SqFt Lot1,643
Lot FeaturesOther

Neighborhood

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

Geography

Listing Provided By

Listing Agent: Saul Perlera

Listing Office: Perlera Real Estate

MLS® Number: 73586419