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Four-Family Residential Income Property

31-33 Lothrop St Boston, MA 02135

New

31-33 Lothrop St, Boston, MA, 02135

$2,500,000

For Sale

$2,500,000

MULTI_FAMILY - Boston, MA

Property Size4,779 SF

Lot Size0.14 Acres

Price / SF$523.12

AddedJul 15

Days on Market2

Last RefreshJul 16 at 4:06 am

Property Features for 31-33 Lothrop St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R4
Bedrooms: 16
Bathrooms: 8
Rooms: Bedroom 15, Bedroom 5, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 3, Bedroom 11, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 6, Bathroom 8, Bedroom 10, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 14, Bedroom 1, Bedroom 12, Bedroom 13, Bedroom 4, Bedroom 16, Bathroom 1, Bedroom 2
Parking: 6
Standard status: Active
APN: W:22 P:00694 S:000,1213618
Size: 4,779 SF
Lot size: 0.14 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 13080

Building Details

Year built: 1910
Floors in Building: 6
Number of units: 4

Listing agent Keller Williams

Listing office Keller Williams Realty 1340 Centre Street, Suite 202, Newton, MA

Listing date Jul 15, 2026

MLS# 73549910 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-family residential income property includes two larger 5-bedroom, 3-bath units and two 3-bedroom, 1-bath units. One unit is vacant and available for an owner-occupant or immediate rental action, while the remaining units are currently tenant-occupied. The property is zoned R4 and sits on a 0.1361-acre lot, with 4,779 square feet of building area.

Located at 31–33 Lothrop St in Boston (02135), the property is described as a short walk to Boston Landing, with access to the commuter rail station and a Stop & Shop. Public remarks also note The Stockyard Restaurant, as well as nearby bus lines at Market & Lothrop and a quick drive to access the Mass Pike.

Key Highlights

4‑family in Brighton with year built 1910
Two 5‑bedroom units with 3 bathrooms
Two 3‑bedroom, 1‑bath units

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$180.6k	$37.80
− Vacancy	−$8.1k	−$1.70
EGI	$172.5k	$36.10
− OpEx	−$51.8k	−$10.83
NOI	$120.8k	$25.27

4,779 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.73M

$1.51M – $2.01M (±1% cap)

NOI $120,762 @ 7.0% cap · market cap 4.83%

Second Best

Apartment 5plus

$1.60M

$1.40M – $1.87M (±1% cap)

NOI $112,268 @ 7.0% cap · market cap 4.49%

Theoretical Best

Office A

$3.58M

$3.13M – $4.17M (±1% cap)

NOI $250,496 @ 7.0% cap · market cap 10.02%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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