
246 West Broadway Boston — Photo 1 of 8
Recent Drop: $101,000
$7,899,000
Investment Analysis — 246 West Broadway
Boston, MA 02127
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 9-unit multi-family in 02127 carries an estimated $40,860/mo in gross rent — about a 3.82% cap rate and $301,627/yr in estimated NOI at the $7,899,000 list price. Adjust every assumption in the calculator below.
Beds
24
Baths
23
SqFt
13,650
Style
5+ Family - 5+ Units Up/Down
Built
2017
246 West Broadway is a best-in-class mixed use asset (8 apartments & 1 retail suite) strategically located in one of the top performing rental markets in Massachusetts. Built in 2017 with condo quality finishes, the property has maintained 100% occupancy since delivery, demonstrating strong market tenant demand. The Property features large unit sizes averaging 1,450+ SF with contemporary design elements, premium finishes that command top-tier rents, and fully leased ground floor retail space.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$7,899,000
Was $8,000,000
Jul 6, 2026
MLS® 73531600
$8,000,000
Jun 8, 2026
MLS® 73531600
Listing Agent: John Flaherty
Listing Office: Jones Lang LaSalle
MLS® Number: 73531600









