Renovated Duplex With
For Sale
$999,000
Pending
17-19 Clarence St, Boston, MA 02119
Two updated residences offer flexible layouts, modern finishes, and direct roof access in Boston.
Property Size3,036 SF
Days on Market53
Property Features for 17-19 Clarence St
General Information
Standard status
Pending
Size
3,036 SF
Property subtype
Multifamily
Taxes and HOA fees
Annual Taxes
$12,998
Building Details
Building Size
3,036 SF
Year Built
1890
Listing Agency:
MIG
Listed By:
Nichols Realty Team
(617) 651-5406
Source:
Classifiedrealtygroup
Added: Aug 15
Changed: Sep 29
Last Checked: Oct 5 at 3:50PM
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 MIG
Investment Insights
Based on property information with market context.
This renovated duplex comprises two three-level townhomes at 17–19 Clarence Street, each providing approximately 1,518 square feet of living space. Unit 19 includes five bedrooms, two and one-half bathrooms, and a dedicated office, while Unit 17 has four bedrooms and four and one-half bathrooms. Improvements include updated electrical, plumbing, heating, kitchens, bathrooms, flooring, and interior finishes. Stainless steel appliances, hardwood floors, central air conditioning, pendant lighting, and recessed lighting are also included.
Upper-level city views and direct roof access add to the property’s physical features, with future roof-deck development identified as a possibility subject to buyer due diligence. The property is near public transportation, shopping, restaurants, and neighborhood amenities. Downtown Boston is approximately a 5–10 minute ride away.
Upper-level city views and direct roof access add to the property’s physical features, with future roof-deck development identified as a possibility subject to buyer due diligence. The property is near public transportation, shopping, restaurants, and neighborhood amenities. Downtown Boston is approximately a 5–10 minute ride away.
Key Highlights
- Two three‑level townhomes, each approximately 1,518 square feet
- Unit 19 includes 5 bedrooms, 2.5 bathrooms, and a dedicated office
- Unit 17 offers 4 bedrooms and 4.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,718
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,534,360
$1.5M
Cap Rate 7%
$1,095,971
$1.1M
Cap Rate 9%
$852,422
$852.4K
Market Conditions
NOI Build-Up for 3,036 SF
Gross rent
$114.8K $37.80/SF
− Vacancy
−$5.2K −$1.70/SF
EGI
$109.6K $36.10/SF
− OpEx
−$32.9K −$10.83/SF
NOI
$76.7K $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%
$1,534,360
Cap Rate 7%
$1,095,971
Cap Rate 9%
$852,422
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$959.0K – $1.28M
NOI $76,718 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$1.02M
$891.5K – $1.19M
NOI $71,322 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,135 @ 7.0% cap · market cap 15.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
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 updated residences offer flexible layouts, modern finishes, and direct roof access in Boston.
Where is this duplex located?
The property is located at 17-19 Clarence St Boston, MA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two three‑level townhomes, each approximately 1,518 square feet; Unit 19 includes 5 bedrooms, 2.5 bathrooms, and a dedicated office; Unit 17 offers 4 bedrooms and 4.5 bathrooms
