2-Unit Residential Income
For Sale
$1,149,000
51-53 Langley Rd, Boston, MA 02135
Two-family home with covered garage parking, hardwood floors, private rear decks, and a full basement with washer and dryer.
Property Size2,184 SF
Price / SF$526.10
Days on Market98
Property Features for 51-53 Langley Rd
General Information
Standard status
Active
Size
2,184 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
Brighton
Highway Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1911
Tenancy
Multi
Listing Agency:
Century 21 Cityside
Listed By:
Collin Bray · License #9066337
(617) 512-1095
Source:
Billskerry
Added: Jul 20
Changed: Oct 4
Last Checked: Oct 7 at 2:08PM
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 Century 21 Cityside
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Investment Insights
Based on property information with market context.
This two-family residential income property offers two independent units within a well-maintained building. Unit 1 features two bedrooms and one bathroom, while Unit 2 features three bedrooms and one bathroom. Hardwood floors run throughout the interior, and both units have sun-drenched living spaces. Outside, there are private rear decks overlooking a backyard and garden area. The property also includes a full basement with a washer and dryer, and Unit 2 has an attic space that can serve as bonus storage.
The home is located on Langley Road in Brighton’s Oak Square area. Public remarks indicate convenient access to Washington Street, Boston College, St. Elizabeth’s Hospital, I-90 Mass Pike, and Storrow Drive, along with nearby express bus service and the Green Line.
The listing includes two covered garage parking spaces for residents. Additional information in the remarks references potential flexibility for future expansion, depending on buyer plans and feasibility.
The home is located on Langley Road in Brighton’s Oak Square area. Public remarks indicate convenient access to Washington Street, Boston College, St. Elizabeth’s Hospital, I-90 Mass Pike, and Storrow Drive, along with nearby express bus service and the Green Line.
The listing includes two covered garage parking spaces for residents. Additional information in the remarks references potential flexibility for future expansion, depending on buyer plans and feasibility.
Key Highlights
- Brighton 2‑family home built in 1911 with covered garage parking for 2 cars
- Unit mix: Unit 1 offers 2 bed/1 bath; Unit 2 offers 3 bed/1 bath
- Hardwood floors throughout both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,188
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,760
$1.1M
Cap Rate 7%
$788,400
$788.4K
Cap Rate 9%
$613,200
$613.2K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$82.6K $37.80/SF
− Vacancy
−$3.7K −$1.70/SF
EGI
$78.8K $36.10/SF
− OpEx
−$23.7K −$10.83/SF
NOI
$55.2K $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%
$1,103,760
Cap Rate 7%
$788,400
Cap Rate 9%
$613,200
Alternative Uses
Best Use
Multifamily LT 5
$788.4K
$689.9K – $919.8K
NOI $55,188 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$733.0K
$641.3K – $855.1K
NOI $51,307 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,477 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
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 - Two-family home with covered garage parking, hardwood floors, private rear decks, and a full basement with washer and dryer.
Where is this duplex located?
The property is located at 51-53 Langley Rd Boston, MA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Brighton 2‑family home built in 1911 with covered garage parking for 2 cars; Unit mix: Unit 1 offers 2 bed/1 bath; Unit 2 offers 3 bed/1 bath; Hardwood floors throughout both units
