Two-Family Residential Income
35-37 Westminster St Boston, MA 02136
New
35-37 Westminster St, Boston, MA, 02136
$869,000
For Sale
$869,000
MULTI_FAMILY - Boston, MA
Property Size2,987 SF
Lot Size0.10 Acres
Price / SF$290.93
Days on Market1
Property Features for 35-37 Westminster St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
- Parking
- 4
- Standard status
- Active
- APN
- W:18 P:08028 S:000,1338520
- Size
- 2,987 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6797
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
Listing agency
Keller Williams Realty
(781) 843-3200
Listed by
Steve Zeboski
(781) 843-3200
Added: Jul 21 Checked: Jul 21 at 10:06PM
MLS# 73552835
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family residential property is offered as a classic duplex configuration. The home features a roof approximately 15 years old and newer heating systems. Unit 1 is secured with a 3-year lease. Unit 2 will be delivered vacant, allowing for flexibility for an owner-occupant or for the next tenant.
The property is located at 35-37 Westminster St in Boston’s Hyde Park area, within Suffolk County. Zoning is identified as R2.
The listing presents the opportunity to hold an income-producing two-family while maintaining the ability to refresh the second unit upon delivery.
The property is located at 35-37 Westminster St in Boston’s Hyde Park area, within Suffolk County. Zoning is identified as R2.
The listing presents the opportunity to hold an income-producing two-family while maintaining the ability to refresh the second unit upon delivery.
Key Highlights
- Two‑family property built in 1910 in Hyde Park
- Roof is approximately 15 years old, plus newer heating systems
- Unit 1 is secured with a 3‑year lease for immediate income stability
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 | $112.9k | $37.80 |
| − Vacancy | −$5.1k | −$1.70 |
| EGI | $107.8k | $36.10 |
| − OpEx | −$32.3k | −$10.83 |
| NOI | $75.5k | $25.27 |
2,987 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$943.5K – $1.26M
NOI $75,479 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$1.00M
$877.1K – $1.17M
NOI $70,171 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,567 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with a newer roof and newer heating systems, including one unit on a 3-year lease.
Where is this duplex located?
The property is located at 35-37 Westminster St Boston, MA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Two‑family property built in 1910 in Hyde Park; Roof is approximately 15 years old, plus newer heating systems; Unit 1 is secured with a 3‑year lease for immediate income stability
