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    220 Bremen St Boston, MA 02128

    For Sale
    $1,995,000

    Turnkey investment property in a rapidly growing Boston rental market.

    Lot size:
    0.05 Acres

    Property Features for 220 Bremen St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1910

    Source: Aura Realty Advisors Agent Mike Preston

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

    Overview

    East Boston Turnkey Investment Property

    This turnkey investment property, located at 220 Bremen Street in East Boston, generates an annual gross income of $152,400. The current EBR-4 zoning allows for 4 stories by right, presenting an attractive value-add potential. Each unit features 4 bedrooms and 2 bathrooms, hardwood floors, granite counters, stainless steel appliances, central air, and in-unit laundry. An open-concept layout flows seamlessly to a private deck. The property is located directly across from Bremen Street Park, with access to playgrounds, gardens, and the East Boston Greenway. East Boston is one of Boston’s fastest-growing rental markets, characterized by high occupancy, rising rents, and limited new supply. Low-maintenance upgrades reduce operating costs, while the location drives long-term appreciation potential. This property offers immediate stability with meaningful upside in one of the city’s most dynamic submarkets and can be held as a cash-flowing rental or future condo conversion.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -71.03328
    Latitude
    42.37393

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    FAQs

    What type of property is this?
    Apartment building - Turnkey investment property in a rapidly growing Boston rental market.
    Where is this apartment building located?
    The property is located at 220 Bremen St Boston, MA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Generates $152,400 annual gross income.; - EBR-4 zoning allows 4 stories by right, offering value-add potential.; - **Each unit features 4 beds, 2 baths, hardwood floors, granite counters, stainless steel appliances, central air, and in-unit laundry.**
    (617) 590-0448
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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
    220 Bremen St Boston, MA 02128
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