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Renovated Two-Unit Residential Property

142a Metropolitan Boston, MA 02131

142a Metropolitan, Boston, MA, 02131
$2,099,000
For Sale
$2,099,000

Newly renovated two-unit residence with eight bedrooms, multiple baths, and two parking spaces.

Property Size3,510 SF
Price / SF$598.01
Days on Market102

Property Features for 142a Metropolitan

General Information

Standard status
Active
Size
3,510 SF
Property subtype
Multi-family

Building Details

Year Built
2026
Listing agency Elevated Realty,LLC
Listed by Elevated Boston Team
Source Cambridgerealty
Added: Apr 12 Updated: Jul 21 at 8:53PM Checked: Jul 22 at 7:55AM

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 Elevated Realty,LLC


Investment Insights

Based on property information with market context.

This newly renovated two-unit residential property offers a total of eight bedrooms, four full bathrooms, and two half bathrooms. Both units feature sun-filled, open-concept layouts with engineered hardwood floors, quartz countertops, stainless steel appliances, and oversized kitchen islands. Each unit also includes expansive living and dining spaces plus a flexible bonus room that can support a home office, private gym, or playroom.

The property is situated on a hill, with sweeping city skyline views from every level. It includes two parking spaces and is described as being moments from shopping, dining, public transportation, and major commuter routes.

Overall, the configuration supports two separate residential units within a fully refreshed interior package and modern finishes throughout.

Key Highlights

  • Newly renovated two‑unit residence built in 2026
  • Total of 8 bedrooms, 4 full baths, and 2 half baths across both units
  • Each unit features engineered hardwood floors, quartz countertops, and stainless steel appliances

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 $132.7k $37.80
− Vacancy −$6.0k −$1.70
EGI $126.7k $36.10
− OpEx −$38.0k −$10.83
NOI $88.7k $25.27
3,510 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,695 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,457 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $183,980 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Skin Care Clinic Cafe & Coffee Shop Accounting Firm Parking Lot & Garage Spa & Massage Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly renovated two-unit residence with eight bedrooms, multiple baths, and two parking spaces.
Where is this duplex located?
The property is located at 142a Metropolitan Boston, MA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Newly renovated two‑unit residence built in 2026; Total of 8 bedrooms, 4 full baths, and 2 half baths across both units; Each unit features engineered hardwood floors, quartz countertops, and stainless steel appliances
Contact an agent
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