Turnkey Renovated Multifamily With
25 Pleasant Street Boston, MA 02125
25 Pleasant Street, Boston, MA, 02125
$2,300,000
For Sale
$2,300,000
Completely renovated, fully leased building with 4-bedroom, 2-bath units featuring in-unit laundry and private outdoor space.
Property Size3,981 SF
Price / SF$577.74
Days on Market206
Property Features for 25 Pleasant Street
General Information
- Standard status
- Active
- Size
- 3,981 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Compass
(617) 752-6845
Listed by
Mission Realty Advisors
Source
Milburyre
Added: Dec 28, 2025 Updated: Jul 21 at 4:43PM Checked: Jul 22 at 7:18AM
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 Compass
Investment Insights
Based on property information with market context.
This completely renovated, fully leased multifamily property features spacious 4-bedroom, 2-bath units. Each unit includes a brand-new kitchen, designer baths, in-unit laundry, and private outdoor space, supported by off-street parking for added convenience.
The current rent roll is $13,250/month, with a projected 6.1% cap rate for September 2026, positioning the building for immediate income with future performance. The property is located moments from the JFK/UMass and Savin Hill Red Line stops, as well as UMass Boston and South Bay Center, with nearby cafes, parks, and beaches adding to the area’s lifestyle appeal.
The current rent roll is $13,250/month, with a projected 6.1% cap rate for September 2026, positioning the building for immediate income with future performance. The property is located moments from the JFK/UMass and Savin Hill Red Line stops, as well as UMass Boston and South Bay Center, with nearby cafes, parks, and beaches adding to the area’s lifestyle appeal.
Key Highlights
- Completely renovated multi‑family building with all units currently leased
- Four‑bedroom, two‑bath units feature brand‑new kitchens, designer baths, and in‑unit laundry
- Each unit includes private outdoor space
Local Financial Insights For Apartment 5plus
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 | $176.8k | $44.40 |
| − Vacancy | −$6.7k | −$1.69 |
| EGI | $170.0k | $42.71 |
| − OpEx | −$76.5k | −$19.22 |
| NOI | $93.5k | $23.49 |
3,981 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,522 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,668 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Completely renovated, fully leased building with 4-bedroom, 2-bath units featuring in-unit laundry and private outdoor space.
Where is this multifamily property located?
The property is located at 25 Pleasant Street Boston, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Completely renovated multi‑family building with all units currently leased; Four‑bedroom, two‑bath units feature brand‑new kitchens, designer baths, and in‑unit laundry; Each unit includes private outdoor space
