Duplex-Style Residential Income
42 Haverford Street Boston, MA 02130
For Sale
$649,000
Single-family legal status, currently operating as two units with separate entrances and two internal kitchens and baths per unit.
Property Size1,468 SF
Price / SF$442.10
Days on Market21
Property Features for 42 Haverford Street
General Information
- Standard status
- Active
- Size
- 1,468 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1899
Listing Agency:
Compass
Listed By:
Josh Brett
(978) 922-3683
Source:
Jbarrettrealty
Added: Jul 7
Changed: Jul 24
Last Checked: Jul 26 at 10:25PM
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 contractor special property was a legal two-family building from 1899 to 1994, when it was converted to a single family via a long-form permit. Today, it is legally a single family but is still set up and functions as a two-family arrangement, with two units that each include a kitchen, bathroom, bedroom(s), living room, and separate entrances.
The home includes an on-demand direct vent boiler installed in 2024, which allows for the chimney to be removed to open up the layout. The roof age is estimated as 2019. The existing structure also provides flexibility for outdoor or additional interior space, with enclosed, unheated back decks potentially added to living space for both units, while unenclosed rear decks could remain as outdoor space, and the second egress from the upstairs unit can be maintained.
With the long-form permit history available, this property can be rehabilitated as a single family or converted back to a two-unit configuration, depending on the buyer’s plan and contractor scope.
The home includes an on-demand direct vent boiler installed in 2024, which allows for the chimney to be removed to open up the layout. The roof age is estimated as 2019. The existing structure also provides flexibility for outdoor or additional interior space, with enclosed, unheated back decks potentially added to living space for both units, while unenclosed rear decks could remain as outdoor space, and the second egress from the upstairs unit can be maintained.
With the long-form permit history available, this property can be rehabilitated as a single family or converted back to a two-unit configuration, depending on the buyer’s plan and contractor scope.
Key Highlights
- Year built 1899 with long‑term multi‑unit history and currently operating as a single family with 2 units.
- Two units each with a kitchen, bathroom, bedroom(s), living room, and separate entrances.
- 2024 on‑demand direct vent boiler; chimney removal may help open the interior layout.
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 | $55.5k | $37.80 |
| − Vacancy | −$2.5k | −$1.70 |
| EGI | $53.0k | $36.10 |
| − OpEx | −$15.9k | −$10.83 |
| NOI | $37.1k | $25.27 |
1,468 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.9K
$463.7K – $618.3K
NOI $37,095 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$492.7K
$431.1K – $574.8K
NOI $34,486 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.10M
$961.8K – $1.28M
NOI $76,947 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Single-family legal status, currently operating as two units with separate entrances and two internal kitchens and baths per unit.
Where is this duplex located?
The property is located at 42 Haverford Street Boston, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Year built 1899 with long‑term multi‑unit history and currently operating as a single family with 2 units.; Two units each with a kitchen, bathroom, bedroom(s), living room, and separate entrances.; 2024 on‑demand direct vent boiler; chimney removal may help open the interior layout.
