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Separately Metered Two-Family Duplex
For Sale
$975,000

28-30 Etna Street, Boston, MA 02135

Two spacious apartments include front porches and basement storage.

Property Size2,246 SF
Price / SF$434.11
Days on Market60

Property Features for 28-30 Etna Street

General Information

Standard status Active
Size 2,246 SF
Property subtype Multi-family
Lease Term []

Site & Location

Neighborhood Brighton
Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

front porches
basement storage
fenced yard

Building Details

Year Built 1913
Buildings 1
Listing Agency: Boston Realty Associates
Listed By: Robert Imperato
Source: Yourhomeforsale
Added: Aug 27 Changed: Oct 23 Last Checked: Oct 23 at 10:05AM

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 Boston Realty Associates

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Investment Insights

Based on property information with market context.

This 1913 duplex contains two separate apartments with spacious layouts, older kitchens and baths, and front porches serving both the first and second floors. The property also includes basement storage and a small fenced rear yard. Each unit is separately metered, tenants pay all utilities, and the current tenancy is structured under a 90-day TAW agreement. One heating system and the hot water tank have been replaced.

The property is located at 28-30 Etna St in Boston, within walking distance of Brighton Landing, shopping, and the commuter rail. Road access connects to Soldiers Field Road, the Massachusetts Turnpike in both directions, and Arsenal Yards in Watertown.

Key Highlights

  • Two‑family duplex with two separate apartments
  • Built in 1913 with spacious apartment layouts
  • Separate metering for each apartment; tenants pay all utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,755
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,100 $1.1M
Cap Rate 7%
$810,786 $810.8K
Cap Rate 9%
$630,611 $630.6K
Market Conditions
NOI Build-Up for 2,246 SF
Gross rent
$84.9K $37.80/SF
− Vacancy
−$3.8K −$1.70/SF
EGI
$81.1K $36.10/SF
− OpEx
−$24.3K −$10.83/SF
NOI
$56.8K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,100
Cap Rate 7%
$810,786
Cap Rate 9%
$630,611

Alternative Uses

Best Use
Multifamily LT 5
$810.8K
$709.4K – $945.9K (±1% cap)
NOI $56,755 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$753.8K
$659.5K – $879.4K (±1% cap)
NOI $52,763 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,726 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,984
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two spacious apartments include front porches and basement storage.
Where is this duplex located?
The property is located at 28-30 Etna Street Boston, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑family duplex with two separate apartments; Built in 1913 with spacious apartment layouts; Separate metering for each apartment; tenants pay all utilities
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