Active

7 Days on market

230 Commonwealth Ave Boston — Photo 1 of 42

$10,995,000

Investment Analysis — 230 Commonwealth Ave

Boston, MA 02116 — Back Bay

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 7-unit multi-family in 02116 carries an estimated $24,310/mo in gross rent — about a 1.67% cap rate and $183,996/yr in estimated NOI at the $10,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

7,040

Style

5-9 Family

Built

1900

Ideally positioned along the iconic Commonwealth Ave Mall, this picturesque 7-unit brownstone is appealing to investors & end-users alike. The building's unique layout presents opportunity for an owner occupant who wants the benefit of income producing units.The private elevator delivers you to the dramatic penthouse- 3 levels of living, complete with 3 beds, 3 baths, 3 kitchens & 3 outdoor spaces. The private roof deck affords glorious city views, a grill, and an outdoor kitchen. Appreciate stately fireplaces, grand ceiling height, and ornate period details throughout the entirety of the building. Each unit offers its own element of original Back Bay charm. The basement level offers an office/gym space and common laundry room. Four off street parking are included. Central a/c in penthouse. Separate electrical meters. Rent roll, o/e, unit descriptions attached

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 MLS and other third-party data may be inaccurate or out of date.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