Side-by-Side Two-Family
34-36 Browning Avenue Boston, MA 02124
34-36 Browning Avenue, Boston, MA, 02124
$1,275,000
For Sale
$1,275,000
2019-built side-by-side two-family offering two 3-bedroom units with 1.5 baths and an adjacent bonus lot.
Property Size3,114 SF
Price / SF$409.44
Days on Market94
Property Features for 34-36 Browning Avenue
General Information
- Standard status
- Active
- Size
- 3,114 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2019
Listing agency
eXp Realty
Listed by
The Denman Group
(617) 661-6600
Source
Cambridgerealty
Added: Apr 20 Updated: Jul 22 at 9:47AM Checked: Jul 22 at 9:47AM
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 eXp Realty
Investment Insights
Based on property information with market context.
Built in 2019, this side-by-side two-family duplex presents two separate residences in a newer construction format. Each unit features 3 bedrooms, 1.5 baths, and bright, open living areas with functional layouts. The property is described as having energy-efficient systems, and it includes a bonus adjacent lot intended to add outdoor space and parking.
Situated in Dorchester and offered for sale, the duplex is presented as being near public transit, shopping, parks, and neighborhood amenities. The remarks also note notable development activity in the surrounding area. Buyer should perform their own due diligence regarding possible uses or development related to the adjacent lot.
Situated in Dorchester and offered for sale, the duplex is presented as being near public transit, shopping, parks, and neighborhood amenities. The remarks also note notable development activity in the surrounding area. Buyer should perform their own due diligence regarding possible uses or development related to the adjacent lot.
Key Highlights
- Built in 2019: side‑by‑side two‑family with newer construction
- Two units, each with 3 bedrooms and 1.5 baths
- Bright, open living areas with functional layouts and stylish finishes
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 | $117.7k | $37.80 |
| − Vacancy | −$5.3k | −$1.70 |
| EGI | $112.4k | $36.10 |
| − OpEx | −$33.7k | −$10.83 |
| NOI | $78.7k | $25.27 |
3,114 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$983.6K – $1.31M
NOI $78,689 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$1.05M
$914.4K – $1.22M
NOI $73,154 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,223 @ 7.0% cap · market cap 12.80%
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 - 2019-built side-by-side two-family offering two 3-bedroom units with 1.5 baths and an adjacent bonus lot.
Where is this duplex located?
The property is located at 34-36 Browning Avenue Boston, MA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Built in 2019: side‑by‑side two‑family with newer construction; Two units, each with 3 bedrooms and 1.5 baths; Bright, open living areas with functional layouts and stylish finishes
