Two-Family Residential
33 Paragon Road Boston, MA 02132
33 Paragon Road, Boston, MA, 02132
$1,100,000
For Sale
$1,100,000
Two-unit duplex features two 2-bedroom apartments, hardwood floors, and an open-concept kitchen and living area in Unit 2.
Property Size1,728 SF
Price / SF$636.57
Days on Market155
Property Features for 33 Paragon Road
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1945
Listing agency
Perlera Real Estate
Listed by
Arquimides Chinchilla
(617) 262-6200
Source
Cabotandcompany
Added: Feb 17 Updated: Jul 20 at 7:25PM Checked: Jul 21 at 8:10AM
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 Perlera Real Estate
Investment Insights
Based on property information with market context.
This two-family duplex includes two separate 2-bedroom apartments. Unit 1 offers 2 bedrooms and hardwood floors and is currently vacant. Unit 2 is also a 2-bedroom layout with an open-concept kitchen and living room and receives plenty of natural light.
The property sits on Paragon Road and provides easy access to the VFW Parkway and Route 95. It also includes a large backyard suited for outdoor use.
At closing, the house can be delivered vacant, with Unit 2 currently rented. The overall configuration supports straightforward owner-occupancy or rental income with separate unit setups.
The property sits on Paragon Road and provides easy access to the VFW Parkway and Route 95. It also includes a large backyard suited for outdoor use.
At closing, the house can be delivered vacant, with Unit 2 currently rented. The overall configuration supports straightforward owner-occupancy or rental income with separate unit setups.
Key Highlights
- Duplex built in 1945 with two 2‑bedroom apartments
- Unit 1 has 2 bedrooms and hardwood floors; unit 1 is currently vacant
- Unit 2 features an open‑concept kitchen and living room and has 2 bedrooms
Local 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 | $65.3k | $37.80 |
| − Vacancy | −$2.9k | −$1.70 |
| EGI | $62.4k | $36.10 |
| − OpEx | −$18.7k | −$10.83 |
| NOI | $43.7k | $25.27 |
1,728 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$623.8K
$545.8K – $727.8K
NOI $43,665 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$579.9K
$507.4K – $676.6K
NOI $40,594 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,575 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex features two 2-bedroom apartments, hardwood floors, and an open-concept kitchen and living area in Unit 2.
Where is this duplex located?
The property is located at 33 Paragon Road Boston, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Duplex built in 1945 with two 2‑bedroom apartments; Unit 1 has 2 bedrooms and hardwood floors; unit 1 is currently vacant; Unit 2 features an open‑concept kitchen and living room and has 2 bedrooms
