Charlestown Multifamily with Yard and
10 Lawrence Street Boston, MA 02129
For Sale
$1,279,000
Pending
Two-unit multifamily property in Charlestown with yard and deck.
Property Size1,872 SF
Days on Market117
Property Features for 10 Lawrence Street
General Information
Standard status
Pending
Size
1,872 SF
Property subtype
Multi Family
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty - Boston
(617) 512-4939
Listed By:
Grace Bloodwell
(617) 512-4939
Source:
Lockandkeyre
Added: Apr 3
Changed: Jul 10
Last Checked: Apr 20 at 7:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
This multifamily property, located in Charlestown, features two side-by-side units, each with a private entrance. Unit 1 has central air, a one-bedroom layout, a kitchen, a full bath, in-unit laundry, and direct access to an oversized fenced yard. Unit 2 is a sun-drenched duplex spanning two levels, with three full baths and a private deck. The main level includes a kitchen with gas cooking, separate dining and living areas, and a full bath. The upper level offers two bedrooms with ensuite baths plus a bonus office or den. The property includes a shared yard and two lots, one 1058 square feet and the other 1548 square feet. The upper unit is leased through August 31, 2026. The lower unit is occupied without a formal lease. Unit 2 has Mitsubishi slim units. The property is conveniently located near public transportation, Whole Foods, and downtown Boston. The property size is 1872 square feet.
Key Highlights
- Rare opportunity: Multifamily property with two side‑by‑side units in a coveted Charlestown location.
- Two lots included in the sale (1058SF & 1548SF).
- Unit 2: Sun‑drenched "2+" BD duplex with 3 full baths, private deck, and bonus office/den.
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 | $70.8k | $37.80 |
| − Vacancy | −$3.2k | −$1.70 |
| EGI | $67.6k | $36.10 |
| − OpEx | −$20.3k | −$10.83 |
| NOI | $47.3k | $25.27 |
1,872 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$675.8K
$591.3K – $788.4K
NOI $47,304 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$628.2K
$549.7K – $733.0K
NOI $43,977 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,123 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit multifamily property in Charlestown with yard and deck.
Where is this duplex located?
The property is located at 10 Lawrence Street Boston, MA.
What is the asking price?
The asking price for this property is $1,279,000.
What are key features of this property?
This property features: Rare opportunity: Multifamily property with two side‑by‑side units in a coveted Charlestown location.; Two lots included in the sale (1058SF & 1548SF).; Unit 2: Sun‑drenched "2+" BD duplex with 3 full baths, private deck, and bonus office/den.
