Search
Residential Income Property with Loft
For Sale
$1,449,000

210 South Street, Boston, MA 02111

Top-floor corner residence with industrial character, harbor views, and updated interior finishes.

Property Size2,096 SF
Price / SF$691.32
Days on Market99

Property Features for 210 South Street

General Information

Standard status Active
Size 2,096 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

Central Air, Individual, Unit Control
Wood
Tile
Carpet
Forced Air, Electric Baseboard, Electric, Individual,
1.0 Story
$12,825 Taxes
Public
Built in 1920

Building Details

Year Built 1920
Listing Agency: Berkshire Hathaway HomeServices Robert Paul Properties
Listed By: Victoria Anfuso
Source: Donahuere
Added: Jun 30 Changed: Oct 3 Last Checked: Oct 5 at 3:03PM

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 Berkshire Hathaway HomeServices Robert Paul Properties

Investment Insights

Based on property information with market context.

This top-floor corner residence at 210 South Street offers 1,669 square feet of open-loft living, along with 427 square feet of deeded developable space above the home. The additional area is identified as suitable for a private studio, home office, or flex room, bringing the total stated area to 2,096 square feet.

Built in 1920, the property features soaring industrial ceilings, original arched windows, and harbor views. Recent updates include fresh paint, new appliances, engineered hardwood flooring, and a new water heater.

Key Highlights

  • 1,669 SF of open‑loft living with 427 SF of deeded developable space
  • Total stated area of 2,096 SF
  • Top‑floor corner residence at 210 South Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,239
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,780 $984.8K
Cap Rate 7%
$703,414 $703.4K
Cap Rate 9%
$547,100 $547.1K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$93.1K $44.40/SF
− Vacancy
−$3.5K −$1.69/SF
EGI
$89.5K $42.71/SF
− OpEx
−$40.3K −$19.22/SF
NOI
$49.2K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,780
Cap Rate 7%
$703,414
Cap Rate 9%
$547,100

Alternative Uses

Best Use
Apartment 5plus
$703.4K
$615.5K – $820.7K (±1% cap)
NOI $49,239 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,864 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Employment & Training Division Business Service Center E AND Y CARE General Contractor 210 South Street ... Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Tanning Salon Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

20,263
Businesses Nearby

Demographics for 02111, MA

9,716
Population
4,535
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
83%
High-School Grad
0.2 sq mi
ZIP Area
48,580
Density / Sq Mi
$70,865
Median Household Income
$42,225
Median Earnings
$1,994
Median Rent
$953,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Top-floor corner residence with industrial character, harbor views, and updated interior finishes.
Where is this residential income property located?
The property is located at 210 South Street Boston, MA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 1,669 SF of open‑loft living with 427 SF of deeded developable space; Total stated area of 2,096 SF; Top‑floor corner residence at 210 South Street
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again