Two-Family Duplex with
For Sale
$1,710,000
25-27 Parsons St, Boston, MA 02135
Classic two-family duplex with a spacious backyard and potential redevelopment options under proposed zoning changes.
Days on Market59
Property Features for 25-27 Parsons St
General Information
Standard status
Active
Property subtype
2 Family - 2 Units Side by Side
Building Details
Building Size
5,410 SF
Year Built
1920
Listing Agency:
Move Forward Real Estate
Listed By:
Greg Martin · License #9557537
Source:
Madelyngarciarealestate
Added: Jun 3
Changed: Jul 27
Last Checked: Jul 30 at 10:43AM
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 Move Forward Real Estate
Investment Insights
Based on property information with market context.
This classic two-family duplex-style property is offered for sale with the ability to be maintained as two separate units, renovated, or reconfigured based on the buyer’s plan. The public remarks indicate the property can be delivered vacant, supporting immediate occupancy, renovation, or redevelopment.
The building is located in Brighton, with convenience to Route 90, major commuter routes, MBTA commuter rail, and Green Line access, plus bus service. It is also noted as close to Boston Landing and New Balance headquarters.
The property includes a spacious backyard that may offer future parking potential, according to the remarks. The listing also notes that the site may support up to 6 market-rate units under proposed zoning changes expected in September, subject to buyer due diligence and any applicable approvals.
The building is located in Brighton, with convenience to Route 90, major commuter routes, MBTA commuter rail, and Green Line access, plus bus service. It is also noted as close to Boston Landing and New Balance headquarters.
The property includes a spacious backyard that may offer future parking potential, according to the remarks. The listing also notes that the site may support up to 6 market-rate units under proposed zoning changes expected in September, subject to buyer due diligence and any applicable approvals.
Key Highlights
- Classic two‑family duplex, built in 1920
- Can be delivered vacant for immediate occupancy, renovation, or redevelopment
- Proposed zoning changes expected in September may allow up to 6 market‑rate units
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 | $204.5k | $37.80 |
| − Vacancy | −$9.2k | −$1.70 |
| EGI | $195.3k | $36.10 |
| − OpEx | −$58.6k | −$10.83 |
| NOI | $136.7k | $25.27 |
5,410 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.95M
$1.71M – $2.28M
NOI $136,707 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$1.82M
$1.59M – $2.12M
NOI $127,092 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$4.05M
$3.54M – $4.73M
NOI $283,571 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Classic two-family duplex with a spacious backyard and potential redevelopment options under proposed zoning changes.
Where is this duplex located?
The property is located at 25-27 Parsons St Boston, MA.
What is the asking price?
The asking price for this property is $1,710,000.
What are key features of this property?
This property features: Classic two‑family duplex, built in 1920; Can be delivered vacant for immediate occupancy, renovation, or redevelopment; Proposed zoning changes expected in September may allow up to 6 market‑rate units
