Renovated Two-Unit
20 Riverside Sq, Boston, MA 02136
For Sale
$899,000
Two residences offer separate utilities, private decks, and shared coin-operated laundry.
Property Size2,096 SF
Price / SF$428.91
Days on Market30
Property Features for 20 Riverside Sq
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Site & Location
Neighborhood
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated laundry
private decks
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Gibson Sotheby's International Realty
(781) 329-8008
Listed By:
Tammy Motsick DeWolfe
(781) 248-1534
Source:
Churchillprop
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 3:50AM
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 Gibson Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This R2-zoned duplex contains two units totaling 2,096 square feet. One unit has three bedrooms and two full bathrooms; the other has two bedrooms, two full bathrooms, and a study/flex room. Both residences have open-plan kitchen, dining, and living areas, granite countertops, and hardwood floors. Each unit also has a private front deck and rear deck. Shared coin-operated laundry serves the property.
Renovations completed in 2018 included the roof, vinyl siding, windows, heating systems, kitchens, and bathrooms. Separate utilities include two 100-amp electrical panels and two gas meters. The property was built in 1938 and has six off-street parking spaces.
Renovations completed in 2018 included the roof, vinyl siding, windows, heating systems, kitchens, and bathrooms. Separate utilities include two 100-amp electrical panels and two gas meters. The property was built in 1938 and has six off-street parking spaces.
Key Highlights
- Two units with 2,096 square feet total
- Unit mix: 3 bedrooms and 2 full baths; 2 bedrooms, 2 full baths, plus a study/flex room
- Six off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,964
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,280
$1.1M
Cap Rate 7%
$756,629
$756.6K
Cap Rate 9%
$588,489
$588.5K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$79.2K $37.80/SF
− Vacancy
−$3.6K −$1.70/SF
EGI
$75.7K $36.10/SF
− OpEx
−$22.7K −$10.83/SF
NOI
$53.0K $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%
$1,059,280
Cap Rate 7%
$756,629
Cap Rate 9%
$588,489
Alternative Uses
Best Use
Multifamily LT 5
$756.6K
$662.1K – $882.7K
NOI $52,964 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$703.4K
$615.5K – $820.7K
NOI $49,239 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,864 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
Demographics for 02136, MA
35,102
Population
14,031
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
88%
High-School Grad
4.6 sq mi
ZIP Area
7,631
Density / Sq Mi
$96,862
Median Household Income
$50,793
Median Earnings
$1,772
Median Rent
$566,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Boston, MA
Properties on Market for Duplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate utilities, private decks, and shared coin-operated laundry.
Where is this duplex located?
The property is located at 20 Riverside Sq Boston, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two units with 2,096 square feet total; Unit mix: 3 bedrooms and 2 full baths; 2 bedrooms, 2 full baths, plus a study/flex room; Six off‑street parking spaces
