Investment Analysis — 652 E 2nd St

Boston, MA 02127 — South Boston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02127 carries an estimated $6,980/mo in gross rent — about a 3.01% cap rate and $50,866/yr in estimated NOI at the $1,690,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,704

Style

2 Family - 2 Units Up/Down

Built

1890

RARE CITY POINT 2-FAMILY | 2,812 SF LOT | EXISTING CURB CUT + 2-CAR PARKING | R2 Zoning | DELIVERED VACANT | Offered for the first time in 45 years, this is a generational opportunity to own an oversized City Point parcel with a combination of land, parking, flexibility, and location in one of the neighborhood's most desirable pockets. The existing 1,708 Sq. Ft. two-family residence features two distinct living spaces. Unit 1 offers a sunny living room, a bright and generously sized bedroom, and an eat-in kitchen with ample cabinet and pantry space, along with a full bathroom that features electric radiant floor heat and convenient first-floor laundry. Unit 2 spans the upper levels with vaulted kitchen ceilings, separate dining and living rooms, a full bathroom, and in-unit laundry, plus two additional bedrooms, a walk-in closet, and half bath to top of the third level. Moments to East Broadway, shops, restaurants, and the Edison Redevelopment Project. Ideal for a buyer with a vision to create their dream City Point residence or reimagine the existing multi-family to explore its redevelopment potential. Estate sale, 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 MLS and other third-party data may be inaccurate or out of date.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.