Renovated Two-Unit
For Sale
$925,000
19 Harrison St, Boston, MA 02446
Two independently configured residences offer renovated interiors, central air conditioning, and month-to-month occupancy.
Property Size2,149 SF
Price / SF$430.43
Days on Market60
Property Features for 19 Harrison St
General Information
Standard status
Active
Size
2,149 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Zoning
CD
Occupancy
100%
Net Operating Income
$75,600
Financials
Gross Income
$75,600
Average Monthly Rent
$3,150
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,660
Amenities
central air conditioning
Building Details
Building Size
2,149 SF
Year Built
1909
Stories
2
Tenancy
Multi
Listing Agency:
LAER Realty Partners
(844) 687-5237
Listed By:
Jonathan Evans
(978) 595-7537
Source:
Churchillprop
Added: Aug 8
Changed: Oct 6
Last Checked: Oct 5 at 5:10PM
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 LAER Realty Partners
Investment Insights
Based on property information with market context.
Built in 1909, this duplex contains two separately configured residences created from a former single condominium. The first residence has three bedrooms and two bathrooms, while the second includes two bedrooms and one bathroom. Both units have undergone extensive renovation and include central air conditioning.
The property is occupied by month-to-month tenants and is located at 19 Harrison St in Boston, Massachusetts. The condominium conversion is substantially complete, with the permitting process described as unfinished in the available property information.
The property is occupied by month-to-month tenants and is located at 19 Harrison St in Boston, Massachusetts. The condominium conversion is substantially complete, with the permitting process described as unfinished in the available property information.
Key Highlights
- Two‑unit duplex configuration created from a former single condominium
- Unit mix includes one 3‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence
- Extensively renovated interiors with modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,304
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,080
$1.1M
Cap Rate 7%
$775,771
$775.8K
Cap Rate 9%
$603,378
$603.4K
Market Conditions
NOI Build-Up for 2,149 SF
Gross rent
$81.2K $37.80/SF
− Vacancy
−$3.7K −$1.70/SF
EGI
$77.6K $36.10/SF
− OpEx
−$23.3K −$10.83/SF
NOI
$54.3K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,080
Cap Rate 7%
$775,771
Cap Rate 9%
$603,378
Alternative Uses
Best Use
Multifamily LT 5
$775.8K
$678.8K – $905.1K
NOI $54,304 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$721.2K
$631.1K – $841.4K
NOI $50,484 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,642 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 02446, MA
31,957
Population
15,298
Households
2.1
Avg Household Size
34
Median Age
85%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
24,582
Density / Sq Mi
$127,519
Median Household Income
$73,950
Median Earnings
$2,757
Median Rent
$1,172,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independently configured residences offer renovated interiors, central air conditioning, and month-to-month occupancy.
Where is this duplex located?
The property is located at 19 Harrison St Boston, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑unit duplex configuration created from a former single condominium; Unit mix includes one 3‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence; Extensively renovated interiors with modern finishes
