Duplex with Level
For Sale
$799,000
5-a Lorenzo Street, Boston, MA 02122
Flexible multifamily property with two matching residential layouts and private outdoor space in Boston.
Property Size1,782 SF
Price / SF$448.37
Days on Market132
Property Features for 5-a Lorenzo Street
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
backyard
Building Details
Year Built
1905
Buildings
1
Listing Agency:
Leading Edge Real Estate
Listed By:
Nathan Seavey · License #449591599
(617) 545-4997
Source:
Trufantre
Added: Jun 8
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 residence contains 1,782 square feet across two practical units. Each apartment includes 2 bedrooms, a living room, kitchen, and full bath, creating a consistent layout throughout the property. The home was built in 1905 and includes a large, level backyard suited to outdoor use. Additional parking may be added at the rear, subject to buyer due diligence.
Located at 5-A Lorenzo Street in Boston, the property offers access to major highways, MBTA bus routes, parks, beaches, shopping, and everyday services. Unit 1 is leased through July 31st, while Unit 2 is owner occupied. The configuration supports continued owner occupancy, multigenerational use, or a two-unit rental arrangement, subject to applicable requirements and verification.
Located at 5-A Lorenzo Street in Boston, the property offers access to major highways, MBTA bus routes, parks, beaches, shopping, and everyday services. Unit 1 is leased through July 31st, while Unit 2 is owner occupied. The configuration supports continued owner occupancy, multigenerational use, or a two-unit rental arrangement, subject to applicable requirements and verification.
Key Highlights
- Two‑family property with 1,782 square feet
- Each unit includes 2 bedrooms, living room, kitchen, and full bath
- Large, level backyard for outdoor use
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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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road 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 - Flexible multifamily property with two matching residential layouts and private outdoor space in Boston.
Where is this duplex located?
The property is located at 5-a Lorenzo Street 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: Two‑family property with 1,782 square feet; Each unit includes 2 bedrooms, living room, kitchen, and full bath; Large, level backyard for outdoor use
