Investment Analysis — 179 Massachusetts Ave #3

Boston, MA 02115

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02115 carries an estimated $4,410/mo in gross rent — about a 1.53% cap rate and $23,710/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,726

Style

Condominium

Built

1910

Beautiful third-floor condo in a boutique building, ideally located just steps from Berklee College of Music and close to the best of Boston’s Back Bay and Fenway neighborhoods. Unit 3 is leased through August 31, 2027, at $6,500/month, offering an excellent opportunity for investors or buyers seeking a property with strong rental income. The unit features approximately 1,726 square feet of living space, with 4 bedrooms and 2 full bathrooms.A standout feature is the unit’s exclusive use of the private roof deck and sunroom, offering stunning panoramic views of Boston—an exceptional amenity in this highly desirable location.The unit also includes a dedicated storage room in the full basement. There may be an opportunity to use a portion of the basement for parking, subject to discussion and agreement among the condominium owners. Buyers and their agents are encouraged to conduct their own due diligence regarding parking, storage, condo documents, measurements, and permitted uses.Unit 2 and Unit 3 may also be purchased together as a package. See MLS # 73386393 for details.A rare opportunity to own a well-located investment property with a long-term tenant and exceptional private outdoor space in the heart of Boston.

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 MLS and other third-party data may be inaccurate or out of date.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