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Two-Unit Duplex with Private Backyard
For Sale
$1,449,000

34 Roseway St., Boston, MA 02130

Residential income property with separate kitchens, dining rooms, a front deck, paved driveway, and private outdoor space.

Property Size2,894 SF
Price / SF$500.69
Days on Market187

Property Features for 34 Roseway St.

General Information

Standard status Active
Size 2,894 SF
Total Parking Spaces 2
Property subtype Multi-Family
Zoning R2

Additional Details

Public Transit Yes

Amenities

deck
private backyard
Heat Pump, Ductless
Steam, Natural Gas, Heat Pump
Electric Dryer Hookup
Wood, Tile
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Pantry, Storage, Crown Molding, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub, Floored Attic, Heated Attic, Living Room, Dining Room, Kitchen
No
Shingle
Garden
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station
for Electric Dryer
2

Building Details

Building Size 2,894 SF
Year Built 1925
Stories 3
Listing Agency: Gibson Sotheby's International Realty
Listed By: Beverly Berman
Source: Reishomesearch
Added: Apr 14 Changed: Aug 29 Last Checked: Apr 22 at 10:58AM

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 Gibson Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Built in 1925, this 2,553-square-foot duplex contains two residential units with distinct living, dining, kitchen, and bath areas. The first-floor apartment includes two bedrooms, a pantry, built-in china cabinet, and original wood moldings. The upper residence also offers two bedrooms on its main level, plus a third bedroom with a skylight, along with generous closets and additional storage. One kitchen includes a newly installed overhead range exhaust fan.

Exterior features include a front-facing deck reached from the second-floor stair landing, a paved driveway, and a private backyard. The property is located at 34 Roseway in Boston’s Jamaica Plain neighborhood, near public transportation, restaurants, shopping, Boston, and Jamaica Pond.

Key Highlights

  • 2,553 SF duplex built in 1925
  • Two residential units with 2 bedrooms on each primary level
  • Upper unit includes a third bedroom with skylight and additional storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,129
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,580 $1.5M
Cap Rate 7%
$1,044,700 $1.0M
Cap Rate 9%
$812,544 $812.5K
Market Conditions
NOI Build-Up for 2,894 SF
Gross rent
$109.4K $37.80/SF
− Vacancy
−$4.9K −$1.70/SF
EGI
$104.5K $36.10/SF
− OpEx
−$31.3K −$10.83/SF
NOI
$73.1K $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%
$1,462,580
Cap Rate 7%
$1,044,700
Cap Rate 9%
$812,544

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$914.1K – $1.22M (±1% cap)
NOI $73,129 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$971.2K
$849.8K – $1.13M (±1% cap)
NOI $67,986 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M (±1% cap)
NOI $151,692 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Restaurant Accounting Firm HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,938
Businesses Nearby

Demographics for 02130, MA

38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Residential income property with separate kitchens, dining rooms, a front deck, paved driveway, and private outdoor space.
Where is this duplex located?
The property is located at 34 Roseway St. Boston, MA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 2,553 SF duplex built in 1925; Two residential units with 2 bedrooms on each primary level; Upper unit includes a third bedroom with skylight and additional storage
More about this property
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