Renovated Two-Family
21 Marcella Street Boston, MA 02119
21 Marcella Street, Boston, MA, 02119
$1,299,900
For Sale
$1,299,900
Fully renovated two-family property with bi-level layouts, modern kitchens, in-unit laundry, private decks, and off-street parking.
Property Size2,792 SF
Price / SF$465.58
Days on Market128
Property Features for 21 Marcella Street
General Information
- Standard status
- Active
- Size
- 2,792 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1870
Listing agency
MIG
Listed by
Hakim Sadler
(781) 545-3155
Source
Grandgables
Added: Mar 17 Updated: Jul 21 at 11:51PM Checked: Jul 22 at 7:34AM
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.
This fully renovated two-family duplex features bi-level living potential and updated interiors in both units. The home totals 8 bedrooms and 5 bathrooms, offering generous rooming flexibility for occupants. Kitchens have been modernized with stone countertops, upgraded cabinetry, and stainless steel appliances, and each unit includes its own in-unit washer and dryer.
Outdoor space is available via private decks with sitting areas, and the property also offers off-street parking.
With thoughtful renovations throughout and a layout designed for flexible use within each unit, this property can work for owner-occupants or investors seeking long-term rental stability.
Outdoor space is available via private decks with sitting areas, and the property also offers off-street parking.
With thoughtful renovations throughout and a layout designed for flexible use within each unit, this property can work for owner-occupants or investors seeking long-term rental stability.
Key Highlights
- Fully renovated two‑family home (built 1870) with approximately 3,400+ sq ft total
- 8 total bedrooms and 5 total bathrooms across both units
- Bi‑level living layout in each unit for added space and flexibility
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 | $105.5k | $37.80 |
| − Vacancy | −$4.7k | −$1.70 |
| EGI | $100.8k | $36.10 |
| − OpEx | −$30.2k | −$10.83 |
| NOI | $70.6k | $25.27 |
2,792 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$881.9K – $1.18M
NOI $70,552 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$937.0K
$819.9K – $1.09M
NOI $65,590 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,345 @ 7.0% cap · market cap 11.26%
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 - Fully renovated two-family property with bi-level layouts, modern kitchens, in-unit laundry, private decks, and off-street parking.
Where is this duplex located?
The property is located at 21 Marcella Street Boston, MA.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Fully renovated two‑family home (built 1870) with approximately 3,400+ sq ft total; 8 total bedrooms and 5 total bathrooms across both units; Bi‑level living layout in each unit for added space and flexibility
