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Duplex Live-Work Space
For Sale
$919,000

112 Fulton Street 1c, Boston, MA 02109

Zoned for both residential and office use, with a renovated upper level and flexible workspace across two floors.

Property Size1,279 SF
Price / SF$718.53
Days on Market49

Property Features for 112 Fulton Street 1c

General Information

Standard status Active
Size 1,279 SF
Elevators Yes

Site & Location

Neighborhood North End
Highway Access Yes
Public Transit Yes

Amenities

central AC
professional management
dedicated bike storage

Building Details

Year Built 1900
Year Renovated 2021
Listing Agency: Century 21 Cityside
Listed By: Collin Bray · License #9066337
Source: Alpernandmesenbourg
Added: Sep 7 Changed: Oct 17 Last Checked: Oct 7 at 3:33PM

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 Century 21 Cityside

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Investment Insights

Based on property information with market context.

Unit 1C is a 1,279 SF duplex live-work space with a two-level layout suited to combined residential and office use. The lower floor includes private offices, a flex room, and additional workspace, while the upper level received a 2021 renovation with an updated kitchen, new appliances, exposed brick, high ceilings, and floor-to-ceiling windows. Central AC, elevator access, professional management, and dedicated bike storage serve the building.

The property is located at 112 Fulton Street in Boston’s Waterfront area, near the MBTA and with direct access to I-90 and I-93. Logan Airport is 12 minutes away, Christopher Columbus Park is nearby, and Hanover Street dining and cafés are two blocks from the building. The property was built in 1900.

Key Highlights

  • 1,279 SF duplex live‑work space
  • Zoned for both residential and office use
  • 2021 renovation included an updated kitchen and new appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,710
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,200 $754.2K
Cap Rate 7%
$538,714 $538.7K
Cap Rate 9%
$419,000 $419.0K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$64.5K $50.40/SF
− Vacancy
−$14.2K −$11.09/SF
EGI
$50.3K $39.31/SF
− OpEx
−$12.6K −$9.83/SF
NOI
$37.7K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,200
Cap Rate 7%
$538,714
Cap Rate 9%
$419,000

Alternative Uses

Best Use
Office B
$538.7K
$471.4K – $628.5K (±1% cap)
NOI $37,710 @ 7.0% cap · market cap 4.10%
Second Best
Mixed Use
$446.1K
$390.3K – $520.4K (±1% cap)
NOI $31,224 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$957.7K
$838.0K – $1.12M (±1% cap)
NOI $67,040 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Buffet Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

15,936
Businesses Nearby

Demographics for 02109, MA

3,921
Population
2,719
Households
1.4
Avg Household Size
36
Median Age
88%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
19,605
Density / Sq Mi
$177,500
Median Household Income
$100,889
Median Earnings
$3,501
Median Rent
$1,007,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Zoned for both residential and office use, with a renovated upper level and flexible workspace across two floors.
Where is this live-work space located?
The property is located at 112 Fulton Street 1c Boston, MA.
What is the asking price?
The asking price for this property is $919,000.
What are key features of this property?
This property features: 1,279 SF duplex live‑work space; Zoned for both residential and office use; 2021 renovation included an updated kitchen and new appliances
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