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869 East Fourth St Boston — Photo 1 of 28

869 East Fourth St Boston — Photo 1 of 28

$2,295,000

Investment Analysis — 869 East Fourth St

Boston, MA 02127 — South Boston

Based on rent reported on the MLS listing, a 3-unit multi-family in 02127 carries $15,025/mo in gross rent — about a 5.12% cap rate and $117,446/yr in estimated NOI at the $2,295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

4

SqFt

3,960

Style

3 Family

Built

1900

New to market - East Side 3-Family with value-add potential and strong in place rents. This semi-detached building has 3,960 square feet of living area per city records. Each unit has a full eat-in kitchen and a full bath, both updated, with hardwood floors throughout. The strong in-place rent roll has room to grow: add bedrooms and raise rents with minimal changes to the units, or take on a fuller renovation for more upside. Ask for details. Steps from Castle Island, M Street Beach and the shops and restaurants of East Broadway. Unit layouts, current rents and lease terms are available on request.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$2,295,000
Annual Taxes$19,582

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementPartial

Climate & Utilities

HeatingHot Water, Steam
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationOther
ZoningMFR

Property & Lot

Acres0.07
SqFt Lot3,187
Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: Gpg Team

Listing Office: Grove Property Group

MLS® Number: 73584841