Two-Family Residential Income
For Sale
Under Contract
$869,000
35-37 Westminster St, Boston, MA 02136
MULTI_FAMILY - Boston, MA
Property Size2,987 SF
Lot Size0.10 Acres
Price / SF$290.93
Days on Market11
Property Features for 35-37 Westminster St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 3
Parking
4
Elementary school
Conley Elementary
Middle school
New Mission/Boston Community
High school
New Mission/Boston Community
Directions
Please use GPS.
Standard status
Active Under Contract
APN
W:18 P:08028 S:000,1338520
Size
2,987 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6797
Building Details
Year built
1910
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty
(781) 843-3200
Listed By:
Steve Zeboski
(781) 843-3200
Added: Jul 21
Changed: Jul 28
Last Checked: Jul 31 at 1:06PM
MLS# 73552835
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 well-maintained two-family residential property is offered as a classic duplex configuration. The home features a roof approximately 15 years old and newer heating systems. Unit 1 is secured with a 3-year lease. Unit 2 will be delivered vacant, allowing for flexibility for an owner-occupant or for the next tenant.
The property is located at 35-37 Westminster St in Boston’s Hyde Park area, within Suffolk County. Zoning is identified as R2.
The listing presents the opportunity to hold an income-producing two-family while maintaining the ability to refresh the second unit upon delivery.
The property is located at 35-37 Westminster St in Boston’s Hyde Park area, within Suffolk County. Zoning is identified as R2.
The listing presents the opportunity to hold an income-producing two-family while maintaining the ability to refresh the second unit upon delivery.
Key Highlights
- Two‑family property built in 1910 in Hyde Park
- Roof is approximately 15 years old, plus newer heating systems
- Unit 1 is secured with a 3‑year lease for immediate income stability
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.9k | $37.80 |
| − Vacancy | −$5.1k | −$1.70 |
| EGI | $107.8k | $36.10 |
| − OpEx | −$32.3k | −$10.83 |
| NOI | $75.5k | $25.27 |
2,987 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$943.5K – $1.26M
NOI $75,479 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$1.00M
$877.1K – $1.17M
NOI $70,171 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,567 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 02136, MA
35,102
Population
14,031
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
88%
High-School Grad
4.6 sq mi
ZIP Area
7,631
Density / Sq Mi
$96,862
Median Household Income
$50,793
Median Earnings
$1,772
Median Rent
$566,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family home with a newer roof and newer heating systems, including one unit on a 3-year lease.
Where is this duplex located?
The property is located at 35-37 Westminster St Boston, MA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Two‑family property built in 1910 in Hyde Park; Roof is approximately 15 years old, plus newer heating systems; Unit 1 is secured with a 3‑year lease for immediate income stability
