Turnkey Two-Family with Roof
For Sale
$1,800,000
19 Walker Street, Boston, MA 02129
Two-family property with private outdoor decks for each unit, including a private roof deck.
Property Size2,224 SF
Price / SF$809.35
Days on Market195
Property Features for 19 Walker Street
General Information
Standard status
Active
Size
2,224 SF
Property subtype
Multi-family
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1840
Listing Agency:
Compass
Listed By:
Aranson Maguire Group
(617) 206-3333
Source:
Highlandre
Added: Apr 10
Changed: Oct 21
Last Checked: Oct 20 at 11:33PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turnkey two-family residence is configured as Unit 1 and Unit 2, each with its own private outdoor deck. Unit 1 is a one-bedroom layout with a private deck. Unit 2 spans a duplex arrangement with a main level connecting the kitchen, dining, and living areas, plus an upper level featuring three bedrooms and a renovated bath.
The property’s standout feature is a private roof deck offering 360-degree unobstructed views. The public remarks also note a proven short-term rental track record and a flexible layout.
Located at 19 Walker Street, Boston, the home is described as being on a quiet, sought-after street.
The property’s standout feature is a private roof deck offering 360-degree unobstructed views. The public remarks also note a proven short-term rental track record and a flexible layout.
Located at 19 Walker Street, Boston, the home is described as being on a quiet, sought-after street.
Key Highlights
- Two‑family property built in 1840 in Charlestown
- Unit 1 features a modern 1‑bedroom layout with a private deck
- Unit 2 is an updated duplex with historic character and a main level kitchen, dining, and living area flow
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,199
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,980
$1.1M
Cap Rate 7%
$802,843
$802.8K
Cap Rate 9%
$624,433
$624.4K
Market Conditions
NOI Build-Up for 2,224 SF
Gross rent
$84.1K $37.80/SF
− Vacancy
−$3.8K −$1.70/SF
EGI
$80.3K $36.10/SF
− OpEx
−$24.1K −$10.83/SF
NOI
$56.2K $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%
$1,123,980
Cap Rate 7%
$802,843
Cap Rate 9%
$624,433
Alternative Uses
Best Use
Multifamily LT 5
$802.8K
$702.5K – $936.7K
NOI $56,199 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$746.4K
$653.1K – $870.8K
NOI $52,246 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,573 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
Demographics for 02129, MA
19,120
Population
9,987
Households
1.9
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
13,657
Density / Sq Mi
$157,192
Median Household Income
$101,310
Median Earnings
$2,258
Median Rent
$926,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with private outdoor decks for each unit, including a private roof deck.
Where is this duplex located?
The property is located at 19 Walker Street Boston, MA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two‑family property built in 1840 in Charlestown; Unit 1 features a modern 1‑bedroom layout with a private deck; Unit 2 is an updated duplex with historic character and a main level kitchen, dining, and living area flow
