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Fully Renovated Two-Family Duplex

21 Marcella St Boston, MA 02119

21 Marcella St, Boston, MA, 02119
$1,219,900
For Sale
$1,219,900

Renovated two-family with bi-level living potential, modern kitchens, in-unit laundry, private decks, and off-street parking.

Property Size3,400 SF
Price / SF$358.79
Days on Market91

Property Features for 21 Marcella St

General Information

Standard status
Active
Size
3,400 SF
Property subtype
Multi Family Home

Building Details

Year Built
1870
Listing agency MIG
Listed by Hakim Sadler · License #449540724
Source Aucoinryanrealty
Added: Apr 23 Updated: Jul 21 at 2:49PM Checked: Jul 22 at 6:22AM

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 MIG


Investment Insights

Based on property information with market context.

Fully renovated two-family duplex offering approximately 3,400+ square feet across 8 total bedrooms and 5 total bathrooms. Each unit is designed to support bi-level living potential, with updated finishes throughout. Kitchens include newly installed stone countertops, upgraded cabinetry, and stainless steel appliances, creating functional spaces for everyday use and entertaining.

Both units feature in-unit washer and dryer. Outside, residents can enjoy private decks with outdoor sitting areas, and the property includes off-street parking for added convenience. Located at 21 Marcella St in Boston, this turn-key property is well suited to an owner-occupant looking to offset expenses or an investor seeking long-term stability in an area described as having a consistent rental history.

Key Highlights

  • Fully renovated two‑family property built in 1870 with approximately 3,400+ sq ft total
  • 8 total bedrooms and 5 total bathrooms across both units
  • Each unit includes in‑unit washer and dryer

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 $128.5k $37.80
− Vacancy −$5.8k −$1.70
EGI $122.7k $36.10
− OpEx −$36.8k −$10.83
NOI $85.9k $25.27
3,400 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,916 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$1.14M
$998.4K – $1.33M (±1% cap)
NOI $79,873 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M (±1% cap)
NOI $178,214 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Accounting Firm Skin Care Clinic Real Estate Agency Big Box & Wholesale Store Computer & Electronic Repair Bakery Tech Support Center Cafe & Coffee Shop HVAC Service

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

FAQs

What type of property is this?
Duplex - Renovated two-family with bi-level living potential, modern kitchens, in-unit laundry, private decks, and off-street parking.
Where is this duplex located?
The property is located at 21 Marcella St Boston, MA.
What is the asking price?
The asking price for this property is $1,219,900.
What are key features of this property?
This property features: Fully renovated two‑family property built in 1870 with approximately 3,400+ sq ft total; 8 total bedrooms and 5 total bathrooms across both units; Each unit includes in‑unit washer and dryer
Contact an agent
More about this property
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