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Renovated Duplex with Private Outdoor Spaces
New
For Sale
$2,299,000

32-34 Perthshire Road, Boston, MA 02135

Two separate residences offer multiple living areas, kitchens, laundry facilities, and dedicated parking.

Property Size4,160 SF
Price / SF$552.64
Days on Market5

Property Features for 32-34 Perthshire Road

General Information

Standard status Active
Size 4,160 SF
Property subtype Multi-family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

private deck
patio
in-unit laundry
dedicated parking

Building Details

Year Built 1937
Buildings 1
Listing Agency: Hammond Residential Real Estate
Listed By: Lynette Glover
Source: Hammondre
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 4 at 1:52PM

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 Hammond Residential Real Estate

Investment Insights

Based on property information with market context.

This renovated duplex contains two residences with separate kitchens and living areas, high ceilings, and large windows. The first residence includes a deck, bedrooms across two levels, an en-suite bathroom, a walk-in closet, and in-unit laundry. The second has six bedrooms, three full bathrooms, a patio, and a dedicated laundry room. The property totals 4,160 square feet and was built in 1937.

The Boston property is near public transportation, major highways, restaurants, BC, Harvard, BU, Logan Airport, and neighborhood amenities. Private outdoor areas and dedicated parking serve both residences.

Key Highlights

  • 4,160‑square‑foot duplex built in 1937
  • Two residences with separate kitchens and living areas
  • First residence has a private deck and in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,120
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,400 $2.1M
Cap Rate 7%
$1,501,714 $1.5M
Cap Rate 9%
$1,168,000 $1.2M
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$157.2K $37.80/SF
− Vacancy
−$7.1K −$1.70/SF
EGI
$150.2K $36.10/SF
− OpEx
−$45.1K −$10.83/SF
NOI
$105.1K $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%
$2,102,400
Cap Rate 7%
$1,501,714
Cap Rate 9%
$1,168,000

Alternative Uses

Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,120 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,727 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$3.12M
$2.73M – $3.63M (±1% cap)
NOI $218,051 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Accounting Firm Travel Agency Nail Salon Parking Lot & Garage

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

789
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer multiple living areas, kitchens, laundry facilities, and dedicated parking.
Where is this duplex located?
The property is located at 32-34 Perthshire Road Boston, MA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 4,160‑square‑foot duplex built in 1937; Two residences with separate kitchens and living areas; First residence has a private deck and in‑unit laundry
More about this property
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