Investment Analysis — 598 East Fourth Street

Boston, MA 02127 — South Boston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02127 carries an estimated $9,570/mo in gross rent — about a 10.27% cap rate and $87,277/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,059

Style

3 Family

Built

1900

Incredible investment opportunity in prime South Boston location. These are 3 condominiums in a 4 unit building being sold as a package. This includes Units #1, #2, and #4. Unit #3 is NOT for sale. Currently Units #1 and #2 are combined and being used as one unit and there is not a kitchen in unit #1. All units are separately deeded and taxed individually. All units are 3 rooms 1 bedroom and 1 bathroom. #1 is 727 square feet, the parcel ID is 0602079002 and deed is Book 9697 and Page 271. #2 is 628 square feet, the parcel ID is 0602079004 and deed is Book 9697 and Page 283. #4 is 704 square feet, the parcel ID is 0602079004 and deed is Book 17661 and Page 187. Condominium fees are TBD and there is one heating system that services all FOUR units and heat will need to be included in condominium fees if not separated.

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 MLS and other third-party data may be inaccurate or out of date.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