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    Multifamily Building with 15 Units Title is generated by Realmo AI

    1107 Harrison Ave, Boston, MA 02119

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    15-unit multifamily property available for sale.

    Type:Multifamily
    Property size:
    14,688 SF
    Price / SF:
    $374/SF
    Added:
    Mar 23, 2026
    Days on Market:
    106
    Last Refresh:
    Jul 2 at 6:53 am

    Property Features for 1107 Harrison Ave

    General Information

    Standard status
    Active
    Size
    14,688 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1890

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    Richard Cawley

    Listing office United Multi Family Corporation

    Listing date Mar 23, 2026

    Source Crexi

    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 United Multi Family Corporation

    HighLights

    • Multifamily property perfect for investors.
    • Features 15 units.
    • Built in 1890.

    Overview

    This multifamily property features 15 units. The building has a total size of 14688 square feet.

    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 $652.1k $44.40
    − Vacancy −$24.8k −$1.69
    EGI $627.4k $42.71
    − OpEx −$282.3k −$19.22
    NOI $345.1k $23.49
    14,688 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.93M
    $4.31M – $5.75M (±1% cap)
    NOI $345,051 @ 7.0% cap · market cap 6.27%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $11.00M
    $9.62M – $12.83M (±1% cap)
    NOI $769,886 @ 7.0% cap · market cap 14.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Accounting Firm Spa & Massage Center Nursing Home Nursing Home Auto Parts Store Home Appliance Store HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.08124
    Latitude
    42.331

    FAQs

    What type of property is this?
    Apartment building - 15-unit multifamily property available for sale.
    Where is this apartment building located?
    The property is located at 1107 Harrison Ave Boston, MA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Multifamily property perfect for investors.; Features 15 units.; Built in 1890.
    More about this property
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