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Multifamily Property with Detached Garage
New
For Sale
$999,000

36 Hastings St, Boston, MA 02132

Two levels of living space include a second-floor kitchen area and substantial off-street parking.

Property Size2,889 SF
Price / SF$345.79
Days on Market2

Property Features for 36 Hastings St

General Information

Standard status Active
Size 2,889 SF
Property subtype Multi Family

Amenities

high ceilings
hardwood floors
period details
slate roof
fireplace

Building Details

Building Size 2,889 SF
Year Built 1910
Buildings 2
Stories 2
Listing Agency: Keller Williams Realty Evolution
Listed By: DalBon & Company
Source: Iverty
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:08PM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

This 2,889-square-foot multifamily property, built in 1910, has living space across two levels, with a kitchen area on the second floor. Interior features include hardwood flooring, high ceilings, period details, and a fireplace. A slate roof and detached two-car garage are also part of the property, with additional off-street parking.

The property is in West Roxbury, in a tree-lined residential neighborhood near Centre Street shops, restaurants, and services. Commuter rail is also nearby.

Key Highlights

  • 2,889 square feet across two levels
  • Built in 1910
  • Detached two‑car garage and off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,869
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,357,380 $1.4M
Cap Rate 7%
$969,557 $969.6K
Cap Rate 9%
$754,100 $754.1K
Market Conditions
NOI Build-Up for 2,889 SF
Gross rent
$128.3K $44.40/SF
− Vacancy
−$4.9K −$1.69/SF
EGI
$123.4K $42.71/SF
− OpEx
−$55.5K −$19.22/SF
NOI
$67.9K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,357,380
Cap Rate 7%
$969,557
Cap Rate 9%
$754,100

Alternative Uses

Best Use
Apartment 5plus
$969.6K
$848.4K – $1.13M (±1% cap)
NOI $67,869 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $151,430 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store Garden Center Barber Shop

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

1,080
Businesses Nearby

Demographics for 02132, MA

27,111
Population
11,967
Households
2.3
Avg Household Size
44
Median Age
64%
College-Educated
95%
High-School Grad
4.9 sq mi
ZIP Area
5,533
Density / Sq Mi
$139,545
Median Household Income
$75,760
Median Earnings
$2,140
Median Rent
$714,000
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two levels of living space include a second-floor kitchen area and substantial off-street parking.
Where is this multifamily property located?
The property is located at 36 Hastings St Boston, MA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,889 square feet across two levels; Built in 1910; Detached two‑car garage and off‑street parking
More about this property
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