Two-Family Duplex with
For Sale
$799,000
5-A Lorenzo St, Boston, MA 02122
Each unit features two bedrooms, a living room, kitchen, and full bath, plus a large level backyard.
Property Size1,782 SF
Price / SF$448.37
Days on Market127
Property Features for 5-A Lorenzo St
General Information
Standard status
Active
Size
1,782 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Zoning
R2
Net Operating Income
$30,000
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,626
Building Details
Building Size
1,782 SF
Year Built
1905
Stories
2
Listing Agency:
Leading Edge Real Estate
(978) 289-5860
Listed By:
Nathan Seavey · License #449591599
(617) 545-4997
Source:
Churchillprop
Added: Jun 17
Changed: Oct 16
Last Checked: Oct 20 at 5:30PM
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 Leading Edge Real Estate
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Investment Insights
Based on property information with market context.
This two-family duplex offers two separate units, each laid out with two bedrooms, a living room, kitchen, and a full bath. The property also includes a large, level backyard.
Situated on a quieter side street with convenient access to major highways and MBTA bus routes, the home is positioned near parks, beaches, shopping, and everyday amenities.
Unit 1 is currently leased through July 31st, and Unit 2 is owner-occupied. The current owners may have an FHA assumable loan, and buyers should conduct their own due diligence.
Situated on a quieter side street with convenient access to major highways and MBTA bus routes, the home is positioned near parks, beaches, shopping, and everyday amenities.
Unit 1 is currently leased through July 31st, and Unit 2 is owner-occupied. The current owners may have an FHA assumable loan, and buyers should conduct their own due diligence.
Key Highlights
- 1905‑built 2‑family home with two units on a side street
- Each unit includes 2 bedrooms, a living room, kitchen, and a full bath
- Large, level backyard for outdoor entertaining, gardening, or play
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,030
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,600
$900.6K
Cap Rate 7%
$643,286
$643.3K
Cap Rate 9%
$500,333
$500.3K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$67.4K $37.80/SF
− Vacancy
−$3.0K −$1.70/SF
EGI
$64.3K $36.10/SF
− OpEx
−$19.3K −$10.83/SF
NOI
$45.0K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,600
Cap Rate 7%
$643,286
Cap Rate 9%
$500,333
Alternative Uses
Best Use
Multifamily LT 5
$643.3K
$562.9K – $750.5K
NOI $45,030 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$598.0K
$523.3K – $697.7K
NOI $41,863 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,405 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
Demographics for 02122, MA
24,385
Population
10,039
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
14,344
Density / Sq Mi
$82,945
Median Household Income
$53,897
Median Earnings
$2,052
Median Rent
$656,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each unit features two bedrooms, a living room, kitchen, and full bath, plus a large level backyard.
Where is this duplex located?
The property is located at 5-A Lorenzo St Boston, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1905‑built 2‑family home with two units on a side street; Each unit includes 2 bedrooms, a living room, kitchen, and a full bath; Large, level backyard for outdoor entertaining, gardening, or play
