Active

55 Days on market

192 Lexington St Boston — Photo 1 of 41

Recent Drop: $50,000

$774,900

$724,900

Investment Analysis — 192 Lexington St

Boston, MA 02128 — East Boston's Eagle Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02128 carries an estimated $5,940/mo in gross rent — about a 6.40% cap rate and $46,397/yr in estimated NOI at the $724,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,914

Style

Multi Family

Built

1880

Bring your vision to this well-located two-family home in East Boston! Offering two separate units across three floors of living space, this property presents an excellent opportunity for investors, contractors, or buyers looking to create value in a desirable Boston neighborhood. The home features gas heat and gas hot water, while the property will require a considerable amount of updating, providing plenty of potential to renovate, modernize, and make it your own. Location is a major highlight, with convenient access to public transportation, major highways, Logan Airport, shopping, dining, and all that East Boston has to offer. Whether you're looking to renovate and rent, occupy one unit while generating rental income from the other, or take on your next investment project, this property is worth a look! Bring your ideas, your contractor, and your vision—this one has potential! Being Sold As-Is.

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 MLS and other third-party data may be inaccurate or out of date.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