Victorian 2-Unit
121 Ashmont St Boston, MA 02124
121 Ashmont St, Boston, MA, 02124
$1,075,000
For Sale
$1,075,000
Three-level 2-family home with internal staircases, off-street parking, and two gas heating and hot water systems.
Property Size2,984 SF
Price / SF$360.25
Days on Market91
Property Features for 121 Ashmont St
General Information
- Standard status
- Active
- Size
- 2,984 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing agency
In Realty
(617) 680-0690
Listed by
Justin L. Green
(617) 680-0690
Source
Alliancepartnersre
Added: Apr 23 Updated: Jul 20 at 4:40PM Checked: Jul 22 at 6:14AM
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 In Realty
Investment Insights
Based on property information with market context.
This large Victorian two-family home is laid out across three levels with full front and rear staircases connecting all floors. The 1st floor offers a large foyer, living room with fireplace, eat-in kitchen with laundry, two bedrooms, one bath, and enclosed side porch, plus front and back covered porches. The 2nd floor features an internal stair with stained glass window, a large open living/dining room, a farm-style kitchen, two bedrooms, one bath, and a back porch. The 3rd floor includes a private entry, living room, kitchen, one bedroom, one bath, and a rear deck. Hardwood floors and high ceilings are noted throughout, along with a full basement with interior access and walkout to the back yard.
The property is located in the heart of Ashmont Hill on a tree-lined street, steps from the Ashmont T.
The home includes off-street parking for two cars, large front and back yards with mature plantings, and two updated gas heating and hot water systems. A new roof was installed in 2011. It will be delivered as-is, vacant, and broom clean.
The property is located in the heart of Ashmont Hill on a tree-lined street, steps from the Ashmont T.
The home includes off-street parking for two cars, large front and back yards with mature plantings, and two updated gas heating and hot water systems. A new roof was installed in 2011. It will be delivered as-is, vacant, and broom clean.
Key Highlights
- Three‑level Victorian 2‑family with internal staircases connecting all 3 floors
- 2 updated gas heating and hot water systems
- New roof in 2011
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.8k | $37.80 |
| − Vacancy | −$5.1k | −$1.70 |
| EGI | $107.7k | $36.10 |
| − OpEx | −$32.3k | −$10.83 |
| NOI | $75.4k | $25.27 |
2,984 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$942.6K – $1.26M
NOI $75,404 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$1.00M
$876.3K – $1.17M
NOI $70,100 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$2.23M
$1.96M – $2.61M
NOI $156,409 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-level 2-family home with internal staircases, off-street parking, and two gas heating and hot water systems.
Where is this duplex located?
The property is located at 121 Ashmont St Boston, MA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Three‑level Victorian 2‑family with internal staircases connecting all 3 floors; 2 updated gas heating and hot water systems; New roof in 2011
