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Turnkey Two-Family with Roof Deck

19 Walker Street Boston, MA 02129

19 Walker Street, Boston, MA, 02129
$1,800,000
For Sale
$1,800,000

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 Market93

Property Features for 19 Walker Street

General Information

Standard status
Active
Size
2,224 SF
Property subtype
Multi-family

Building Details

Year Built
1840
Listing agency Compass
Listed by Aranson Maguire Group
Source Jmulkerinrealty
Added: Apr 20 Updated: Jul 21 at 7:38AM Checked: Jul 21 at 7:38AM

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 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.

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

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 $84.1k $37.80
− Vacancy −$3.8k −$1.70
EGI $80.3k $36.10
− OpEx −$24.1k −$10.83
NOI $56.2k $25.27
2,224 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$802.8K
$702.5K – $936.7K (±1% cap)
NOI $56,199 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$746.4K
$653.1K – $870.8K (±1% cap)
NOI $52,246 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,573 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nail Salon Hair Salon Spa & Massage Center Kitchen & Bath Showroom Grocery & Convenience Store Home Appliance Store Carpet & Flooring Store Food Market (Bike/Boat/Book/etc) Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
Contact an agent
More about this property
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