Two-Family Residential Income
4093 Washington St Boston, MA 02131
4093 Washington St, Boston, MA, 02131
$1,000,000
Pending
For Sale
$1,000,000
Pending
Two-family home features multiple porches, updated systems, and separate heat and hot water.
Property Size3,000 SF
Days on Market47
Property Features for 4093 Washington St
General Information
- Standard status
- Pending
- Size
- 3,000 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1905
Listing agency
(617) 470-4452
Listed by
Laudelene Wever · License #9016682
(617) 470-4452
Source
Elliman
Added: Jun 7 Updated: Jul 21 at 5:52AM Checked: Jul 22 at 12:41PM
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 Laudelene Wever
Investment Insights
Based on property information with market context.
This well-maintained two-family residential income property offers a spacious layout with multiple porches and detailed interior features, including wood floors, eat-in kitchens with gas stoves, butler’s pantries, and dining rooms with built-in hutches and leaded glass. The home includes updated thermopane windows, a recent roof, and upgraded electric, along with separate gas heat and hot water. A partially finished basement with walk-out access provides additional flexibility, and the third floor includes two egresses that can support potential accessory or in-law use.
Convenient access is supported by its proximity to Roslindale Square, with nearby shops, dining, bus service, and commuter rail.
Parking and storage include a driveway and a two-car garage. The property will be delivered vacant.
Convenient access is supported by its proximity to Roslindale Square, with nearby shops, dining, bus service, and commuter rail.
Parking and storage include a driveway and a two-car garage. The property will be delivered vacant.
Key Highlights
- Two‑family home built in 1905 with just under 3,000 sq ft, 14 rooms, 6 beds, and 3 full baths.
- Updated systems include thermopane windows, recent roof, and upgraded electric.
- Separate gas heat and hot water.
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 | $113.4k | $37.80 |
| − Vacancy | −$5.1k | −$1.70 |
| EGI | $108.3k | $36.10 |
| − OpEx | −$32.5k | −$10.83 |
| NOI | $75.8k | $25.27 |
3,000 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$947.6K – $1.26M
NOI $75,808 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$1.01M
$881.0K – $1.17M
NOI $70,476 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,248 @ 7.0% cap · market cap 15.72%
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 - Two-family home features multiple porches, updated systems, and separate heat and hot water.
Where is this duplex located?
The property is located at 4093 Washington St Boston, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two‑family home built in 1905 with just under 3,000 sq ft, 14 rooms, 6 beds, and 3 full baths.; Updated systems include thermopane windows, recent roof, and upgraded electric.; Separate gas heat and hot water.
