Two-Unit Duplex with Private
New
For Sale
$775,000
160 Franklin Street, Boston, MA 02134
Two-unit duplex where each unit has its own entry, eat-in kitchen, and two-bedroom layout.
Property Size1,920 SF
Price / SF$403.65
Days on Market6
Property Features for 160 Franklin Street
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Multi-family
Additional Details
Highway Access
Yes
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Lewis Carroll Team
(617) 394-8648
Source:
Unitboston
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 30 at 3:59AM
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 Compass
Investment Insights
Based on property information with market context.
This two-family duplex at 160 Franklin Street features separate access, with each unit having its own entry. Both units include an eat-in kitchen, a spacious living room, two bedrooms, and one bathroom. A rear stairwell provides access to the private backyard and also connects to the basement. The basement includes ample storage space, laundry, and mechanicals.
The home was built in 1920 and is being sold as-is, offering a layout with character elements and updates already in place. The property includes exposed brick and benefits from natural light, with updated windows and recent appliances noted. Outside, there is a private backyard area.
With its straightforward two-unit configuration and self-contained entries, this property can appeal to buyers looking for a residence or income opportunity in a fast-moving Boston market.
The home was built in 1920 and is being sold as-is, offering a layout with character elements and updates already in place. The property includes exposed brick and benefits from natural light, with updated windows and recent appliances noted. Outside, there is a private backyard area.
With its straightforward two-unit configuration and self-contained entries, this property can appeal to buyers looking for a residence or income opportunity in a fast-moving Boston market.
Key Highlights
- Two‑family duplex with separate unit entries
- Each unit offers an eat‑in kitchen, spacious living room, two bedrooms, and one bathroom
- Rear stairwell to private backyard plus basement access
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 | $72.6k | $37.80 |
| − Vacancy | −$3.3k | −$1.70 |
| EGI | $69.3k | $36.10 |
| − OpEx | −$20.8k | −$10.83 |
| NOI | $48.5k | $25.27 |
1,920 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$693.1K
$606.5K – $808.6K
NOI $48,517 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$644.4K
$563.8K – $751.8K
NOI $45,105 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,639 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex where each unit has its own entry, eat-in kitchen, and two-bedroom layout.
Where is this duplex located?
The property is located at 160 Franklin Street Boston, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family duplex with separate unit entries; Each unit offers an eat‑in kitchen, spacious living room, two bedrooms, and one bathroom; Rear stairwell to private backyard plus basement access
