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    35-43 Rutland St Boston, MA 02118

    For Sale
    $7,200,000

    Former schoolhouse with development potential in Boston's South End.

    Lot size:
    0.18 Acres

    Property Features for 35-43 Rutland St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1899

    Source: Gibson Sotheby's International Realty Agent Ted Pietras

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

    Overview

    Rutland Street Schoolhouse Development Opportunity

    The former Rutland Street Schoolhouse, offering development potential, is available for purchase and improvement. The existing building encompasses 10,110 square feet and is situated on a 7,850 square foot lot with R-2 zoning. Ceiling heights are approximately 10 to 11 feet. The property is located in the South End. Architectural formulations for building out the existing building from its current 10,110 square feet include a 11,150 square foot version, a 14,380 square foot version with six units, and a 15,290 square foot version with eight units. Any added square footage and legal residency beyond its existing four-family status would require approval from the City of Boston. The existing structure is a four-family property consisting of approximately 10,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0756832
    Latitude
    42.3398303

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    FAQs

    What type of property is this?
    Quadplex - Former schoolhouse with development potential in Boston's South End.
    Where is this quadplex located?
    The property is located at 35-43 Rutland St Boston, MA.
    What is the asking price?
    The asking price for this property is $7,200,000.
    What are key features of this property?
    This property features: - Significant development potential in the South End.; - Large existing building with approximately 10,110 sq ft.; - Architect's plans available for potential building expansion (up to 15,290 sq ft).
    (617) 549-2078
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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
    35-43 Rutland St Boston, MA 02118
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