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    198 Marion St Boston, MA 02128

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    For Sale
    $949,000

    Three-family property with commercial space in prime East Boston location.

    Lot size:
    0.04 Acres

    Property Features for 198 Marion St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1899

    Source: Realty Executives Agent Kevin Song

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Boston Three-Family with Storefront

    Located on Marion Street in East Boston, this stand-alone three-family property presents an investment opportunity. The first floor, previously a deli, has been gutted and includes plans for transformation into a residential or commercial space. Each unit has separate heating, hot water, and electric. The property is situated in close proximity to the Airport T station, major highways, the East Boston Greenway, restaurants, and shops. The property does not qualify for traditional financing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Roy's Cold Cuts Deli

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.034699
    Latitude
    42.375498

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    FAQs

    What type of property is this?
    Triplex - Three-family property with commercial space in prime East Boston location.
    Where is this triplex located?
    The property is located at 198 Marion St Boston, MA.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Prime East Boston location with easy access to Airport T station, major highways, East Boston Greenway, restaurants, and shops.; - Stand-alone 3-family property offering significant investment potential.; - First floor gutted and ready for transformation into residential or commercial space with plans in hand.
    (617) 930-0399
    Request Owner's contact information
    198 Marion St Boston, MA 02128
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    Boston, MA 02128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Marion St Boston, MA 02128
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