Investment Analysis — 19 Harrison St

Boston, MA 02446

Based on rent reported on the MLS listing, a 2-unit multi-family in 02446 carries $6,300/mo in gross rent — about a 5.17% cap rate and $47,796/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,149

Style

2 Family - 2 Units Up/Down

Built

1909

**Very unique investor opportunity to acquire 2 units**Formerly a single condo, this property was converted into two separate units and offers an exceptional value-add opportunity for experienced investors or developers. Unit 2 features a spacious 3-bedroom, 2-bath layout currently rented for $3,600/mon, while Unit 3 offers a 2-bedroom, 1-bath layout rented for $2,700/mon, producing $6,300/month in gross rental income. Units have been extensively renovated and feature modern finishes, central air conditioning, and have month-to-month tenants. The condominium conversion is substantially complete; however, the permitting process has not been finalized. Open permits remain, and a Certificate of Occupancy will not be delivered at closing. This property is being sold as-is and is best suited for investors experienced with permitting/condo conversions. Subject to bankruptcy court approval; please see all disclosures and contact the listing agent directly.

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 MLS and other third-party data may be inaccurate or out of date.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