Renovated 4-Unit Apartment
New
For Sale
$1,680,000
14-16 Carson St, Boston, MA 02125
A mix of one- and two-bedroom residences includes in-unit laundry and separate utilities.
Property Size3,084 SF
Days on Market3
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Property Features for 14-16 Carson St
General Information
Standard status
Active
Size
3,084 SF
Property subtype
4 Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$11,945
Amenities
in-unit laundry
large fenced grassed yard
rear deck
Building Details
Building Size
3,084 SF
Year Built
1899
Buildings
1
Listing Agency:
Keller Williams Realty Evolution
Listed By:
Lior Rozhansky
(617) 678-9905
Source:
Jonathanradford
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 12:51AM
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 Keller Williams Realty Evolution
Investment Insights
Based on property information with market context.
This four-unit apartment building contains two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Recent renovations include kitchens and bathrooms, plumbing and electrical updates, interior finishes, windows, in-unit laundry, hardwood flooring, and recessed lighting. Kitchen details include white shaker cabinetry, stainless steel appliances, and quartz countertops; bathrooms feature tiled stand-up showers, new vanities, and updated fixtures. The building offers 3,084 square feet of interior space, split utilities, a rear deck, and a fenced grass yard.
The property is near the JFK/UMass Red Line T stop, with Star Market, UMass Boston, I-93 access, and South Boston also identified in the surrounding area. It was built in 1899.
The property is near the JFK/UMass Red Line T stop, with Star Market, UMass Boston, I-93 access, and South Boston also identified in the surrounding area. It was built in 1899.
Key Highlights
- Four apartments: two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units
- 3,084 square feet; built in 1899
- Renovations include kitchens, bathrooms, plumbing, electrical, windows, and interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,931
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,620
$1.6M
Cap Rate 7%
$1,113,300
$1.1M
Cap Rate 9%
$865,900
$865.9K
Market Conditions
NOI Build-Up for 3,084 SF
Gross rent
$116.6K $37.80/SF
− Vacancy
−$5.2K −$1.70/SF
EGI
$111.3K $36.10/SF
− OpEx
−$33.4K −$10.83/SF
NOI
$77.9K $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%
$1,558,620
Cap Rate 7%
$1,113,300
Cap Rate 9%
$865,900
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$974.1K – $1.30M
NOI $77,931 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.03M
$905.6K – $1.21M
NOI $72,449 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,651 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 02125, MA
34,926
Population
14,999
Households
2.3
Avg Household Size
32
Median Age
42%
College-Educated
87%
High-School Grad
2.2 sq mi
ZIP Area
15,875
Density / Sq Mi
$71,810
Median Household Income
$52,106
Median Earnings
$1,897
Median Rent
$645,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - A mix of one- and two-bedroom residences includes in-unit laundry and separate utilities.
Where is this quadplex located?
The property is located at 14-16 Carson St Boston, MA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units; 3,084 square feet; built in 1899; Renovations include kitchens, bathrooms, plumbing, electrical, windows, and interior finishes
