Turnkey 7-Unit Apartment
104-106 Warren Boston, MA 02134
104-106 Warren, Boston, MA, 02134
$5,750,000
For Sale
$5,750,000
Turnkey seven-unit apartment building with separate water meters and tenant-paid utilities, including water and sewer.
Property Size8,534 SF
Price / SF$673.78
Days on Market147
Property Features for 104-106 Warren
General Information
- Standard status
- Active
- Size
- 8,534 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
City Realty Group
Listed by
Sean Rose
(978) 808-8064
Source
Merryfoxrealty
Added: Feb 25 Updated: Jul 21 at 5:52PM Checked: Jul 22 at 6:26AM
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 City Realty Group
Investment Insights
Based on property information with market context.
Brand new, turnkey-quality 7-unit apartment building at 104-106 Warren in Allston. The property includes brand new utilities, a full sprinkler system, new energy-efficient windows, designer kitchens and bathrooms, and gleaming new hardwood flooring. Gas HVAC has also been installed, and each unit is served by separate water meters, with tenants paying all utilities including water and sewer.
The building is positioned off Comm Ave in a central Allston setting, located between Boston College, Boston University, St. Elizabeth’s Medical Center, New Balance Headquarters, and the expanding Boston Landing mixed-use project. Transit access is a major convenience factor, with the property sitting approximately 200 feet from the Warren Street Station on the Green Line for easy connectivity throughout Boston.
Pro-forma and floor plans are available upon request, and reported gross income is approximately $355,320 through 8/31/26.
The building is positioned off Comm Ave in a central Allston setting, located between Boston College, Boston University, St. Elizabeth’s Medical Center, New Balance Headquarters, and the expanding Boston Landing mixed-use project. Transit access is a major convenience factor, with the property sitting approximately 200 feet from the Warren Street Station on the Green Line for easy connectivity throughout Boston.
Pro-forma and floor plans are available upon request, and reported gross income is approximately $355,320 through 8/31/26.
Key Highlights
- Turnkey 7‑unit apartment building in Allston, built in 1920
- Approx. $355,320 gross income through 8/31/26 (per provided remarks)
- Brand new utilities with a full sprinkler system and new energy‑efficient windows
Local Financial Insights For Apartment 5plus
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 | $378.9k | $44.40 |
| − Vacancy | −$14.4k | −$1.69 |
| EGI | $364.5k | $42.71 |
| − OpEx | −$164.0k | −$19.22 |
| NOI | $200.5k | $23.49 |
8,534 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.86M
$2.51M – $3.34M
NOI $200,481 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.39M
$5.59M – $7.46M
NOI $447,318 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Turnkey seven-unit apartment building with separate water meters and tenant-paid utilities, including water and sewer.
Where is this apartment building located?
The property is located at 104-106 Warren Boston, MA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Turnkey 7‑unit apartment building in Allston, built in 1920; Approx. $355,320 gross income through 8/31/26 (per provided remarks); Brand new utilities with a full sprinkler system and new energy‑efficient windows
