Multi-Level Live-Work
45 Parley Ave Boston, MA 02130
45 Parley Ave, Boston, MA, 02130
$3,595,000
For Sale
$3,595,000
Multi-level live-work home with direct yard access, multiple kitchens, and wellness amenities including sauna, whirlpool, and swimming pool.
Property Size6,440 SF
Price / SF$558.23
Days on Market8
Property Features for 45 Parley Ave
General Information
- Standard status
- Active
- Size
- 6,440 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1899
Listing agency
LandVest, Inc
(781) 933-2500
Listed by
Amy Donovan
Source
Kiklisre
Added: Jul 14 Updated: Jul 21 at 3:22AM Checked: Jul 21 at 3:22AM
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 LandVest, Inc
Investment Insights
Based on property information with market context.
Re-introducing 45 Parley Ave, a multi-level live-work residence designed to support flexible living and entertaining. The main level overlooks a landscaped yard featuring a pond and waterfall, and the kitchen provides direct access to an oversized 1-car garage with an EV charger. The second level includes a spacious primary suite with a spa-like bath and an attached sundeck, along with smaller flex rooms suitable for home offices or additional bedrooms.
The third level is set up for in-laws, visitors, or an au pair, with its own kitchen, two bedrooms, and a full bath. The lower level flows directly to the outside and offers its own kitchen and full bath, creating an additional entertaining and wellness space. Wellness amenities include a sauna, whirlpool, and an endless swimming pool.
The property is sited on a private road in a tight-knit neighborhood, offering a combination of privacy and urban convenience, with downtown Boston located just minutes away.
The third level is set up for in-laws, visitors, or an au pair, with its own kitchen, two bedrooms, and a full bath. The lower level flows directly to the outside and offers its own kitchen and full bath, creating an additional entertaining and wellness space. Wellness amenities include a sauna, whirlpool, and an endless swimming pool.
The property is sited on a private road in a tight-knit neighborhood, offering a combination of privacy and urban convenience, with downtown Boston located just minutes away.
Key Highlights
- Year built 1899 with a multi‑level layout designed for multi‑generational living and entertaining
- Main level overlooks a landscaped yard with a pond and waterfall
- Oversized 1‑car garage with direct kitchen access and an EV charger
Local Financial Insights For Office B
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 | $324.6k | $50.40 |
| − Vacancy | −$71.4k | −$11.09 |
| EGI | $253.2k | $39.31 |
| − OpEx | −$63.3k | −$9.83 |
| NOI | $189.9k | $29.48 |
6,440 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,877 @ 7.0% cap · market cap 5.28%
Second Best
Mixed Use
$2.25M
$1.97M – $2.62M
NOI $157,217 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$4.82M
$4.22M – $5.63M
NOI $337,559 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Multi-level live-work home with direct yard access, multiple kitchens, and wellness amenities including sauna, whirlpool, and swimming pool.
Where is this live-work space located?
The property is located at 45 Parley Ave Boston, MA.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Year built 1899 with a multi‑level layout designed for multi‑generational living and entertaining; Main level overlooks a landscaped yard with a pond and waterfall; Oversized 1‑car garage with direct kitchen access and an EV charger
