Duplex with Finished
14-16 Nazing St, Boston, MA 02121
For Sale
$1,199,999
Two residences offer different bedroom layouts, with additional finished bonus areas on the attic and lower levels.
Property Size3,590 SF
Days on Market83
Property Features for 14-16 Nazing St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Gross Income
Average Monthly Rent
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Thumbprint Realty, LLC
Listed By:
Stevon Baron
(857) 891-1941
Source:
Downtownbostonrealty
Added: Aug 20
Changed: Nov 9
Last Checked: Nov 8 at 3:53PM
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 Thumbprint Realty, LLC
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Investment Insights
Based on property information with market context.
This 1935 duplex has two apartments: one with 3 bedrooms and 1 bath, and another with 4 bedrooms and 1 bath. Finished bonus areas are found in both the attic and lower level; the lower-level space is not a legal third unit. Parking includes four off-street spaces and a two-car garage.
The property is in Grove Hall, along the Dorchester/Roxbury line in Boston. Nearby amenities and connections include bus service, commuter rail, Franklin Park, shops, and restaurants.
The two tenancies are at will. An accessory dwelling unit conversion may be explored, subject to City of Boston zoning approval.
The property is in Grove Hall, along the Dorchester/Roxbury line in Boston. Nearby amenities and connections include bus service, commuter rail, Franklin Park, shops, and restaurants.
The two tenancies are at will. An accessory dwelling unit conversion may be explored, subject to City of Boston zoning approval.
Key Highlights
- Two apartments: one with 3 bedrooms and 1 bath, the other with 4 bedrooms and 1 bath
- Finished bonus space in the attic and lower level; lower‑level space is not a legal third unit
- Four off‑street parking spaces and a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,717
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,814,340
$1.8M
Cap Rate 7%
$1,295,957
$1.3M
Cap Rate 9%
$1,007,967
$1.0M
Market Conditions
NOI Build-Up for 3,590 SF
Gross rent
$135.7K $37.80/SF
− Vacancy
−$6.1K −$1.70/SF
EGI
$129.6K $36.10/SF
− OpEx
−$38.9K −$10.83/SF
NOI
$90.7K $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%
$1,814,340
Cap Rate 7%
$1,295,957
Cap Rate 9%
$1,007,967
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.13M – $1.51M
NOI $90,717 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.41M
NOI $84,336 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M
NOI $188,173 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Explore this area
Business Placement
Demographics for 02121, MA
28,766
Population
11,384
Households
2.5
Avg Household Size
33
Median Age
21%
College-Educated
75%
High-School Grad
1.9 sq mi
ZIP Area
15,140
Density / Sq Mi
$38,565
Median Household Income
$33,700
Median Earnings
$1,316
Median Rent
$548,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Boston, MA
Properties on Market for Duplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer different bedroom layouts, with additional finished bonus areas on the attic and lower levels.
Where is this duplex located?
The property is located at 14-16 Nazing St Boston, MA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two apartments: one with 3 bedrooms and 1 bath, the other with 4 bedrooms and 1 bath; Finished bonus space in the attic and lower level; lower‑level space is not a legal third unit; Four off‑street parking spaces and a two‑car garage
