Turnkey Two-Family Income
36-38 Crockett Ave Boston, MA 02124
36-38 Crockett Ave, Boston, MA, 02124
$1,200,000
Pending
For Sale
$1,200,000
Pending
Renovated 2-unit home with screened back deck, fenced yard, basement laundry, and approved plans to finish attic space.
Property Size2,928 SF
Days on Market112
Property Features for 36-38 Crockett Ave
General Information
- Standard status
- Pending
- Size
- 2,928 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1942
Listing agency
Compass
(617) 543-4185
Listed by
Josh Brett · License #9506646
(617) 543-4185
Source
Lockandkeyre
Added: Apr 2 Updated: Jul 21 at 5:30PM Checked: Jul 22 at 4:54AM
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 Compass
Investment Insights
Based on property information with market context.
This renovated turnkey two-family property offers two spacious units with updated kitchens and bathrooms, dining and living rooms, and two bedrooms per unit. Each unit also features a sizable screened-in back deck, with Unit 2 configured with an open layout connecting the kitchen to the dining room and living room. A finished, walk-up attic expansion is supported by existing architectural drawings, with approximately 420 square feet described as finish-able living area.
The home includes a basement with two sets of laundry facilities and abundant storage, along with additional storage in an original garage facing the back yard. Outside, the property has a fenced yard with a garden area and driveway parking for 2–3 vehicles in tandem. The seller notes the location as Adams Village on a way way street, close to the Ashmont Red Line T Station.
Unit layouts are designed for comfortable day-to-day living, and the property’s improvements and move-in-ready condition are complemented by the attic expansion materials already prepared.
The home includes a basement with two sets of laundry facilities and abundant storage, along with additional storage in an original garage facing the back yard. Outside, the property has a fenced yard with a garden area and driveway parking for 2–3 vehicles in tandem. The seller notes the location as Adams Village on a way way street, close to the Ashmont Red Line T Station.
Unit layouts are designed for comfortable day-to-day living, and the property’s improvements and move-in-ready condition are complemented by the attic expansion materials already prepared.
Key Highlights
- Renovated two‑family house built in 1942 in Adams Village
- Approx. 1,200 SF per unit with 2 bedrooms and 1 bathroom, plus living room, dining room, and updated kitchen and bath
- Unit 2 open layout with kitchen open to dining room and living room
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 | $110.7k | $37.80 |
| − Vacancy | −$5.0k | −$1.70 |
| EGI | $105.7k | $36.10 |
| − OpEx | −$31.7k | −$10.83 |
| NOI | $74.0k | $25.27 |
2,928 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$924.9K – $1.23M
NOI $73,989 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$982.6K
$859.8K – $1.15M
NOI $68,785 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,474 @ 7.0% cap · market cap 12.79%
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 - Renovated 2-unit home with screened back deck, fenced yard, basement laundry, and approved plans to finish attic space.
Where is this duplex located?
The property is located at 36-38 Crockett Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Renovated two‑family house built in 1942 in Adams Village; Approx. 1,200 SF per unit with 2 bedrooms and 1 bathroom, plus living room, dining room, and updated kitchen and bath; Unit 2 open layout with kitchen open to dining room and living room
