549 Bennington St Boston — Photo 1 of 17
$1,299,999
Investment Analysis — 549 Bennington St
Boston, MA 02128 — East Boston
Based on rent reported on the MLS listing, a 4-unit multi-family in 02128 carries $9,950/mo in gross rent — about a 6.20% cap rate and $80,586/yr in estimated NOI at the $1,299,999 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
4
SqFt
4,351
Style
4 Family - 4 Units Up/Down
Built
1899
Rare 4-unit investment opportunity in East Boston offering immediate value-add potential and flexibility. The property includes a 2-car garage along with a paved driveway, providing 4 total off-street parking spaces. Delivered completely vacant, offering a clean slate to optimize market-rate rents across all units immediately. Capital improvements are actively underway, including roof repairs/reinforcement, fresh interior paint, and ongoing pest remediation. Outdoor amenities feature a private balcony on every level, located less than half a mile from constitution beach with convenient access to Wood Island. Across from Mclean Playground which is currently being overhaled. Ideal for house-hackers or short-term rentals such as for travel nurses, strong long-term upside in a prime location.
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 MLS and other third-party data may be inaccurate or out of date.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
$1,700
Aug 21, 2026
MLS® 73548911
$1,299,999
Aug 3, 2026
MLS® 73558421
$1,350,000
Jul 15, 2026
MLS® 73520908
$1,700
Jul 13, 2026
MLS® 73548911
$1,350,000
May 18, 2026
MLS® 73520908
Listing Agent: Kevin Alen
Listing Office: Cameron Prestige, LLC
MLS® Number: 73558421
