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Fully Renovated Two-Family Residence

49 Jamaica Street Boston, MA 02130

49 Jamaica Street, Boston, MA, 02130
$1,549,000
For Sale
$1,549,000

Move-in ready two-family home with modern kitchens, updated baths, in-unit laundry, and high-efficiency HVAC with central air.

Property Size2,004 SF
Price / SF$772.95
Days on Market115

Property Features for 49 Jamaica Street

General Information

Standard status
Active
Size
2,004 SF
Property subtype
Multi-family

Building Details

Year Built
1880
Listing agency Griffin Realty Group
Listed by Danny Griffin
Source Fairfieldrealtyboston
Added: Mar 30 Updated: Jul 21 at 2:56AM Checked: Jul 22 at 6:44AM

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 Griffin Realty Group


Investment Insights

Based on property information with market context.

This fully renovated two-family residence is move-in ready and designed for straightforward occupancy. The property includes two finished units, each with modern kitchen appointments featuring quartz counters and stainless steel appliances, updated bathrooms, and in-unit laundry. Unit 1 offers three bedrooms and a stylish bath, while Unit 2 includes three bedrooms and two baths, plus a spacious third-floor primary suite with an en suite bath and laundry. Major upgrades include new electrical, updated plumbing, high-efficiency HVAC with central air, and newer windows. Outdoors, the home offers a spacious backyard with new landscaping, a patio, and fencing.

The address is 49 Jamaica Street in Boston, MA 02130. Public remarks indicate the home is less than a 10-minute walk to Centre Street cafes, parks, the T, and the Arnold Arboretum.

As presented, this is a turnkey, renovated duplex configured with separate unit layouts and contemporary mechanical and interior improvements throughout.

Key Highlights

  • Move‑in ready 2‑family home built in 1880 with two fully finished units and in‑unit laundry.
  • Unit 1: 3 bedrooms with a stylish bath and modern kitchen with quartz counters and stainless steel appliances.
  • Unit 2: 3 bedrooms with 2 baths, plus a spacious third‑floor primary suite with en‑suite bath and laundry; modern kitchen with quartz and stainless.

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 $75.8k $37.80
− Vacancy −$3.4k −$1.70
EGI $72.3k $36.10
− OpEx −$21.7k −$10.83
NOI $50.6k $25.27
2,004 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$723.4K
$633.0K – $844.0K (±1% cap)
NOI $50,640 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$672.5K
$588.5K – $784.6K (±1% cap)
NOI $47,078 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,042 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service Building Supply Accounting Firm Computer & Electronic Repair Big Box & Wholesale Store Skin Care Clinic Pharmacy Cosmetic Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in ready two-family home with modern kitchens, updated baths, in-unit laundry, and high-efficiency HVAC with central air.
Where is this duplex located?
The property is located at 49 Jamaica Street Boston, MA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Move‑in ready 2‑family home built in 1880 with two fully finished units and in‑unit laundry.; Unit 1: 3 bedrooms with a stylish bath and modern kitchen with quartz counters and stainless steel appliances.; Unit 2: 3 bedrooms with 2 baths, plus a spacious third‑floor primary suite with en‑suite bath and laundry; modern kitchen with quartz and stainless.
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