Corner Mixed-Use
150-152 Franklin Street, Boston, MA 02134
For Sale
New
$1,200,000
Ground-floor workspace and an upper-level residence include a private balcony and one off-street parking space.
Property Size2,652 SF
Days on Market4
Property Features for 150-152 Franklin Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Utilities to Site
Additional Details
Floor
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
kitchenette
full bath
washer and dryer
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
A. C. B. Realty Inc.
Listed By:
Tracey Graceffa
(617) 240-9614
Source:
Allisonmazer
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 9:32AM
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 A. C. B. Realty Inc.
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Investment Insights
Based on property information with market context.
At 150-152 Franklin Street, this 2,652-square-foot mixed-use property combines an open ground-floor space with a second-floor residence. The 1910 brick building features exposed wood beams, hardwood floors, tall arched windows, sidewalk-facing double doors, and a kitchenette with a large island. A separate room, full bath, and laundry are also on the first floor. Upstairs, the home has a kitchen with a skylight, French doors, hardwood flooring, a tiled bath, laundry, and a private balcony. A full basement provides storage, and the property includes one off-street parking space.
The property is near Harvard Business School, the American Repertory Theater on North Harvard Street, and Harvard’s Enterprise Research Campus. MBTA bus routes 66 and 70 operate nearby, with connections to Harvard Square and Central Square. The Mass Pike, Soldiers Field Road, and Charles River paths are also close by.
The property is near Harvard Business School, the American Repertory Theater on North Harvard Street, and Harvard’s Enterprise Research Campus. MBTA bus routes 66 and 70 operate nearby, with connections to Harvard Square and Central Square. The Mass Pike, Soldiers Field Road, and Charles River paths are also close by.
Key Highlights
- 2,652‑square‑foot mixed‑use property built in 1910
- Open ground‑floor space with tall arched windows, exposed beams, and sidewalk‑facing double doors
- Second‑floor residence with private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,192
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,563,840
$1.6M
Cap Rate 7%
$1,117,029
$1.1M
Cap Rate 9%
$868,800
$868.8K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$133.7K $50.40/SF
− Vacancy
−$29.4K −$11.09/SF
EGI
$104.3K $39.31/SF
− OpEx
−$26.1K −$9.83/SF
NOI
$78.2K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,563,840
Cap Rate 7%
$1,117,029
Cap Rate 9%
$868,800
Alternative Uses
Best Use
Office B
$1.12M
$977.4K – $1.30M
NOI $78,192 @ 7.0% cap · market cap 6.52%
Second Best
Mixed Use
$924.9K
$809.3K – $1.08M
NOI $64,742 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,007 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
Explore this area
Business Placement
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
$586,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Boston, MA
Properties on Market for Mixed-use properties in Boston
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor workspace and an upper-level residence include a private balcony and one off-street parking space.
Where is this mixed-use property located?
The property is located at 150-152 Franklin Street Boston, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,652‑square‑foot mixed‑use property built in 1910; Open ground‑floor space with tall arched windows, exposed beams, and sidewalk‑facing double doors; Second‑floor residence with private balcony
