Duplex with Private
For Sale
$1,150,000
18 Franconia St, Boston, MA 02122
Two residential units include sunrooms, hardwood flooring, storage, and separate outdoor decks.
Property Size2,586 SF
Days on Market48
Property Features for 18 Franconia St
General Information
Standard status
Active
Size
2,586 SF
Total Parking Spaces
3
Property subtype
Multifamily
Site & Location
Neighborhood
Dorchester
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,941
Building Details
Building Size
2,586 SF
Year Built
1915
Buildings
1
Listing Agency:
Collins McKinney Real Estate & Investments
Listed By:
Catherine McDermott
(617) 513-6601
Source:
Classifiedrealtygroup
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 5:19AM
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 Collins McKinney Real Estate & Investments
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Investment Insights
Based on property information with market context.
Built in 1915, this Boston duplex contains two residential units with a combined five bedrooms and two full bathrooms. Each unit includes a sunroom, eat-in kitchen, living room, dining room, hardwood floors, storage, and a private deck. A front entry opens to a foyer, while the property also provides a fenced yard and driveway parking for three vehicles.
The property is located at 18 Franconia St in Boston’s Adams Village and sits near local restaurants, coffee shops, and neighborhood amenities. Additional space may be available through the walk-up attic and partially finished basement, subject to applicable requirements.
The property is located at 18 Franconia St in Boston’s Adams Village and sits near local restaurants, coffee shops, and neighborhood amenities. Additional space may be available through the walk-up attic and partially finished basement, subject to applicable requirements.
Key Highlights
- Two‑family duplex with 5 bedrooms and 2 full baths
- Two private decks, plus a fenced yard
- Each unit includes a sunroom, eat‑in kitchen, living room, and dining room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,346
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,920
$1.3M
Cap Rate 7%
$933,514
$933.5K
Cap Rate 9%
$726,067
$726.1K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$97.8K $37.80/SF
− Vacancy
−$4.4K −$1.70/SF
EGI
$93.4K $36.10/SF
− OpEx
−$28.0K −$10.83/SF
NOI
$65.3K $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%
$1,306,920
Cap Rate 7%
$933,514
Cap Rate 9%
$726,067
Alternative Uses
Best Use
Multifamily LT 5
$933.5K
$816.8K – $1.09M
NOI $65,346 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$867.9K
$759.4K – $1.01M
NOI $60,750 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$1.94M
$1.69M – $2.26M
NOI $135,548 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,616
Businesses Nearby
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Business Placement
Demographics for 02122, MA
24,385
Population
10,039
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
14,344
Density / Sq Mi
$82,945
Median Household Income
$53,897
Median Earnings
$2,052
Median Rent
$656,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include sunrooms, hardwood flooring, storage, and separate outdoor decks.
Where is this duplex located?
The property is located at 18 Franconia St Boston, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑family duplex with 5 bedrooms and 2 full baths; Two private decks, plus a fenced yard; Each unit includes a sunroom, eat‑in kitchen, living room, and dining room
