Two-Unit Residential Income
18 Lexington Ave Boston, MA 02136
18 Lexington Ave, Boston, MA, 02136
$999,999
For Sale
$999,999
Well-maintained two-family home with open layouts, three bedrooms per unit, a partially finished basement, and detached two-car garage.
Property Size2,634 SF
Price / SF$379.65
Days on Market64
Property Features for 18 Lexington Ave
General Information
- Standard status
- Active
- Size
- 2,634 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1925
Listing agency
eXp Realty
(617) 898-8828
Listed by
Benny Troncoso · License #9589487
(617) 898-8828
Source
Alliancepartnersre
Added: May 19 Updated: Jul 20 at 5:13PM Checked: Jul 20 at 5:13PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Well-maintained two-family home offering two separate units with open layouts that connect an oversized living room, office space, dining area, and kitchen. Each unit includes three bedrooms and a full bath. A partially finished basement provides additional flexible living or storage space.
Located in Boston’s Hyde Park neighborhood, the property is surrounded by a mix of single-family and multifamily homes and is described as being convenient to local amenities, transportation, and parks.
The home also features a detached two-car garage with potential ADU possibilities, subject to buyer due diligence. The property is offered as-is.
Located in Boston’s Hyde Park neighborhood, the property is surrounded by a mix of single-family and multifamily homes and is described as being convenient to local amenities, transportation, and parks.
The home also features a detached two-car garage with potential ADU possibilities, subject to buyer due diligence. The property is offered as-is.
Key Highlights
- Well‑maintained 2‑family home built in 1925 in a Hyde Park neighborhood.
- Two separate units with an oversized living room, office space, dining area, and kitchen plus 3 bedrooms and a full bath each.
- Partially finished basement offering flexible additional living or storage space.
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 | $99.6k | $37.80 |
| − Vacancy | −$4.5k | −$1.70 |
| EGI | $95.1k | $36.10 |
| − OpEx | −$28.5k | −$10.83 |
| NOI | $66.6k | $25.27 |
2,634 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$950.8K
$832.0K – $1.11M
NOI $66,559 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$884.0K
$773.5K – $1.03M
NOI $61,878 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,064 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with open layouts, three bedrooms per unit, a partially finished basement, and detached two-car garage.
Where is this duplex located?
The property is located at 18 Lexington Ave Boston, MA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1925 in a Hyde Park neighborhood.; Two separate units with an oversized living room, office space, dining area, and kitchen plus 3 bedrooms and a full bath each.; Partially finished basement offering flexible additional living or storage space.
