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    476 Warren St Boston, MA 02121

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    For Sale
    $6,200,000

    Newly constructed 11-unit residential building with modern amenities and strong rental potential.

    Lot size:
    0.23 Acres

    Property Features for 476 Warren St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    2025

    Source: Sterling Beacon Hill Agent Alexander Jafry

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

    Overview

    New 11-Unit Building Near Grove Hall

    This newly constructed 11-unit residential building presents a rare investment opportunity near Dorchester's Grove Hall, adjacent to Boston Latin Academy. The property features modern amenities and strong rental potential. Each of the 11 units includes a thoughtfully designed 2-bedroom, 2-bathroom layout, catering to tenants seeking both comfort and convenience. Every unit is equipped with an in-unit washer and dryer, an assigned off-street parking space, modern open-concept kitchen and living areas, and mini splits providing both AC and heat. Additional features include 10 private storage units located in the basement, offering added tenant convenience or potential additional income. This fully electric building is designed for low maintenance and energy efficiency, situated in a rapidly growing Boston neighborhood. The property is suitable for investors seeking stable cash flow or a 1031 exchange buyer looking for a turnkey opportunity.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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
    -71.08322
    Latitude
    42.31487

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    FAQs

    What type of property is this?
    Apartment building - Newly constructed 11-unit residential building with modern amenities and strong rental potential.
    Where is this apartment building located?
    The property is located at 476 Warren St Boston, MA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Newly constructed 11-unit residential building in a rapidly growing Boston neighborhood.; - Each unit features a 2-bedroom, 2-bathroom layout with modern amenities.; - In-unit washer and dryer and assigned off-street parking for each unit.
    (978) 602-4030
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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
    476 Warren St Boston, MA 02121
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