Move-In Ready Two-Family
49 Jamaica Street Boston, MA 02130
49 Jamaica Street, Boston, MA, 02130
$1,650,000
For Sale
$1,650,000
Turnkey two-family home with in-unit laundry, updated HVAC, and modern kitchens in two renovated 3-bedroom units.
Property Size2,004 SF
Price / SF$823.35
Days on Market121
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
(617) 750-6378
Source
Benoitrealestate
Added: Mar 24 Updated: Jul 21 at 6:57AM Checked: Jul 22 at 7:25AM
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, move-in ready two-family residence offers sunlit interiors and modern finishes throughout. Both units feature updated baths and in-unit laundry, along with contemporary kitchens with quartz counters and stainless steel appliances. Unit 1 includes three bedrooms and a stylish bath, while Unit 2 offers three bedrooms with two baths and a spacious third-floor primary suite with an en suite bath and laundry. Improvements include new electrical, updated plumbing, high-efficiency HVAC with central air, newer windows, and fresh flooring with new oak hardwood floors.
The property is located in Jamaica Plain and is described as less than a 10-minute walk to Centre Street amenities, parks, the T, and the Arnold Arboretum. Outdoor space includes a spacious backyard with new landscaping, a patio, and fencing.
The layout provides two finished residential units in a renovated configuration, with privacy-oriented outdoor space and complete interior updates intended for immediate occupancy.
The property is located in Jamaica Plain and is described as less than a 10-minute walk to Centre Street amenities, parks, the T, and the Arnold Arboretum. Outdoor space includes a spacious backyard with new landscaping, a patio, and fencing.
The layout provides two finished residential units in a renovated configuration, with privacy-oriented outdoor space and complete interior updates intended for immediate occupancy.
Key Highlights
- Fully renovated 2‑family home with move‑in ready finishes and updated systems throughout
- Two 3‑bedroom units, each with modern kitchens (quartz counters) and stainless steel appliances
- In‑unit laundry for both units, plus Unit 2 includes a spacious third‑floor primary suite with en suite bath
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
NOI $50,640 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$672.5K
$588.5K – $784.6K
NOI $47,078 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,042 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey two-family home with in-unit laundry, updated HVAC, and modern kitchens in two renovated 3-bedroom units.
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 $1,650,000.
What are key features of this property?
This property features: Fully renovated 2‑family home with move‑in ready finishes and updated systems throughout; Two 3‑bedroom units, each with modern kitchens (quartz counters) and stainless steel appliances; In‑unit laundry for both units, plus Unit 2 includes a spacious third‑floor primary suite with en suite bath
