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Two-Family Residential Income Property
For Sale
$1,300,000

14 Bayard St, Boston, MA 02134

Two-family home with renovated units, a detached garage, and a private three-car driveway.

Property Size2,820 SF
Price / SF$460.99
Days on Market127

Property Features for 14 Bayard St

General Information

Standard status Active
Size 2,820 SF
Total Parking Spaces 3
Property subtype Multi-Family
Zoning R2

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,920

Building Details

Building Size 2,820 SF
Year Built 1890
Stories 3
Listing Agency: RE/MAX Select Realty
Listed By: Kevin Cleary · License #449530776
Source: Churchillprop
Added: Jun 18 Changed: Oct 6 Last Checked: Oct 20 at 6:46PM

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 RE/MAX Select Realty

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Investment Insights

Based on property information with market context.

This two-family residence offers substantial living space and multiple renovation updates. The upper apartment spans two levels and includes formal living and dining rooms, along with a renovated kitchen and bathroom. An oversized third-floor attic adds an additional flexible area that could support an ADU concept.

The first-floor apartment features three bedrooms and its own renovated kitchen and bathroom. The property is completed with a rare detached garage and a private driveway for three cars.

Located on Bayard Street in Allston, the home is described as being on a quiet one-way street, with close access to Harvard Business School, Harvard Square, Trader Joe’s, the Mass Pike, and Storrow Drive.

Key Highlights

  • 1890‑built two‑family home with renovated kitchens and bathrooms in both units
  • Upstairs apartment spans two levels with formal living and dining rooms
  • Renovated kitchen and bathroom in the 1st‑floor three‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,259
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,180 $1.4M
Cap Rate 7%
$1,017,986 $1.0M
Cap Rate 9%
$791,767 $791.8K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$106.6K $37.80/SF
− Vacancy
−$4.8K −$1.70/SF
EGI
$101.8K $36.10/SF
− OpEx
−$30.5K −$10.83/SF
NOI
$71.3K $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%
$1,425,180
Cap Rate 7%
$1,017,986
Cap Rate 9%
$791,767

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$890.7K – $1.19M (±1% cap)
NOI $71,259 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$946.4K
$828.1K – $1.10M (±1% cap)
NOI $66,248 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,813 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,868
Businesses Nearby

Demographics for 02134, MA

21,707
Population
9,027
Households
2.4
Avg Household Size
27
Median Age
76%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
18,089
Density / Sq Mi
$75,317
Median Household Income
$49,275
Median Earnings
$2,269
Median Rent
$586,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with renovated units, a detached garage, and a private three-car driveway.
Where is this duplex located?
The property is located at 14 Bayard St Boston, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1890‑built two‑family home with renovated kitchens and bathrooms in both units; Upstairs apartment spans two levels with formal living and dining rooms; Renovated kitchen and bathroom in the 1st‑floor three‑bedroom apartment
More about this property
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