Gut-Renovated Two-Family
20 Bentham Road Boston, MA 02122
20 Bentham Road, Boston, MA, 02122
$1,150,000
For Sale
$1,150,000
Turnkey two-family property with new kitchens and baths, granite countertops, central heating, and mini-split cooling.
Property Size3,230 SF
Price / SF$356.04
Days on Market98
Property Features for 20 Bentham Road
General Information
- Standard status
- Active
- Size
- 3,230 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing agency
Reference Real Estate
Listed by
Reserve Team
(617) 394-8648
Source
Unitboston
Added: Apr 16 Updated: Jul 21 at 2:13PM Checked: Jul 22 at 8:16AM
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 Reference Real Estate
Investment Insights
Based on property information with market context.
This beautifully gut-renovated two-family residence presents a turnkey setup with brand-new kitchens and bathrooms. Unit 1 features an open-concept layout with 3 bedrooms and 3.5 baths and includes central heating plus mini-split cooling. Unit 2 offers 4 bedrooms and 2.5 baths with the same central heating and mini-split cooling, along with granite countertops.
Unit 1 is planned to be delivered vacant, which can support owner-occupancy or flexible use. The property is located at 20 Bentham Road in Boston’s Dorchester neighborhood, which is described as rapidly developing.
The building’s two separate units are configured to feel like high-end condos, with modern finishes throughout, including new kitchen and bath renovations.
Unit 1 is planned to be delivered vacant, which can support owner-occupancy or flexible use. The property is located at 20 Bentham Road in Boston’s Dorchester neighborhood, which is described as rapidly developing.
The building’s two separate units are configured to feel like high-end condos, with modern finishes throughout, including new kitchen and bath renovations.
Key Highlights
- Two‑family built in 1905, fully gut‑renovated with brand‑new kitchens and baths
- Unit 1: 3 bedrooms and 3.5 baths with open‑concept layout; to be delivered vacant
- Unit 2: 4 bedrooms and 2.5 baths
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 | $122.1k | $37.80 |
| − Vacancy | −$5.5k | −$1.70 |
| EGI | $116.6k | $36.10 |
| − OpEx | −$35.0k | −$10.83 |
| NOI | $81.6k | $25.27 |
3,230 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,620 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$1.08M
$948.5K – $1.26M
NOI $75,879 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,304 @ 7.0% cap · market cap 14.72%
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 - Turnkey two-family property with new kitchens and baths, granite countertops, central heating, and mini-split cooling.
Where is this duplex located?
The property is located at 20 Bentham Road 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 built in 1905, fully gut‑renovated with brand‑new kitchens and baths; Unit 1: 3 bedrooms and 3.5 baths with open‑concept layout; to be delivered vacant; Unit 2: 4 bedrooms and 2.5 baths
