Four-Unit Multifamily with Finished Lower
14 Everton Street Boston, MA 02121
14 Everton Street, Boston, MA, 02121
$1,650,000
For Sale
$1,650,000
Four-unit multifamily with 14 bedrooms and in-unit laundry, including a finished lower-level apartment.
Property Size5,135 SF
Price / SF$321.32
Days on Market85
Property Features for 14 Everton Street
General Information
- Standard status
- Active
- Size
- 5,135 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing agency
Stony Brook & Lennox Realty Advisors
(617) 905-4014
Listed by
Markese Daise · License #449592899
Source
Elevatedboston
Added: Apr 28 Updated: Jul 21 at 2:33PM Checked: Jul 21 at 2:33PM
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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
This four-unit multifamily property provides 14 bedrooms and 5 bathrooms across four expansive units, including a complete finished apartment in the lower level. Interiors feature hardwood floors and in-unit laundry, and the property includes updated systems. The overall setup offers tenants separate residences within the building while retaining flexibility through its four distinct units.
Located on Everton Street in Boston’s Dorchester neighborhood, the property is positioned near public transportation and within reach of neighborhood restaurants and shopping. The location also provides easy access to Downtown Boston.
For prospective buyers, the combination of four units plus a finished lower-level apartment supports a scaled income profile, with the unit mix designed around comfortable, modern layouts.
Located on Everton Street in Boston’s Dorchester neighborhood, the property is positioned near public transportation and within reach of neighborhood restaurants and shopping. The location also provides easy access to Downtown Boston.
For prospective buyers, the combination of four units plus a finished lower-level apartment supports a scaled income profile, with the unit mix designed around comfortable, modern layouts.
Key Highlights
- 1905 Dorchester, MA four‑unit multifamily with 14 bedrooms and 5 bathrooms
- Lower level includes a complete finished apartment as part of the four units
- Each residence features hardwood floors and in‑unit laundry
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 | $194.1k | $37.80 |
| − Vacancy | −$8.7k | −$1.70 |
| EGI | $185.4k | $36.10 |
| − OpEx | −$55.6k | −$10.83 |
| NOI | $129.8k | $25.27 |
5,135 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.85M
$1.62M – $2.16M
NOI $129,758 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$1.72M
$1.51M – $2.01M
NOI $120,632 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$3.85M
$3.36M – $4.49M
NOI $269,156 @ 7.0% cap · market cap 16.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily with 14 bedrooms and in-unit laundry, including a finished lower-level apartment.
Where is this quadplex located?
The property is located at 14 Everton Street Boston, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 1905 Dorchester, MA four‑unit multifamily with 14 bedrooms and 5 bathrooms; Lower level includes a complete finished apartment as part of the four units; Each residence features hardwood floors and in‑unit laundry
