Two-Family Residential Income
40-42 Coleman St Boston, MA 02125
New
40-42 Coleman St, Boston, MA, 02125
$1,199,900
For Sale
$1,199,900
MULTI_FAMILY - Boston, MA
Property Size3,470 SF
Lot Size0.11 Acres
Price / SF$345.79
Days on Market1
Property Features for 40-42 Coleman St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 10
- Bathrooms
- 3
- Rooms
- Bedroom 9, Bathroom 4, Bathroom 2, Bedroom 10, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 3
- Parking
- 2
- Standard status
- Active
- APN
- 1301185
- Size
- 3,470 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8332
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 2
Listing agency
Keller Williams Realty
(508) 238-5000
Listed by
Scott Morris
(508) 238-5000
Added: Jul 21 Checked: Jul 21 at 8:06PM
MLS# 73552881
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.
Welcome to 40-42 Coleman St., a well-maintained two-family home in Boston’s Dorchester area. Each unit features five bedrooms and 1.5 baths. The property includes three-season porches that may be converted into additional interior space, and a clear, open basement described as ready to be transformed into an ADU. Interior flexibility is also noted with half baths on both floors that could be converted to full baths by adding a shower.
Off-street parking is available, adding convenience for day-to-day use. The home also offers a back yard suitable for gatherings. A community garden across the street is available if you choose to use it.
The property is zoned R2, supporting its residential use. More details and additional photos are expected as the listing is updated.
Off-street parking is available, adding convenience for day-to-day use. The home also offers a back yard suitable for gatherings. A community garden across the street is available if you choose to use it.
The property is zoned R2, supporting its residential use. More details and additional photos are expected as the listing is updated.
Key Highlights
- Built in 1905 two‑family home at 40‑42 Coleman St
- Room count includes 10 bedrooms and 4 bathrooms
- Each unit has 5 bedrooms and 1.5 baths (as described in the listing)
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 | $131.2k | $37.80 |
| − Vacancy | −$5.9k | −$1.70 |
| EGI | $125.3k | $36.10 |
| − OpEx | −$37.6k | −$10.83 |
| NOI | $87.7k | $25.27 |
3,470 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.10M – $1.46M
NOI $87,684 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,517 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M
NOI $181,884 @ 7.0% cap · market cap 15.16%
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 - Two-family home with five bedrooms and 1.5 baths per unit, plus off-street parking and a clear, open basement.
Where is this duplex located?
The property is located at 40-42 Coleman St Boston, MA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Built in 1905 two‑family home at 40‑42 Coleman St; Room count includes 10 bedrooms and 4 bathrooms; Each unit has 5 bedrooms and 1.5 baths (as described in the listing)
