Duplex Near Green Street
New
For Sale
$1,249,000
6-8 Marmion St, Boston, MA 02130
The home contains seven bedrooms and three full bathrooms across its existing layout.
Property Size2,902 SF
Price / SF$430.39
Days on Market6
Property Features for 6-8 Marmion St
General Information
Standard status
Active
Size
2,902 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty Evolution
(781) 395-5600
Listed By:
Stonehurst RE Group
(781) 454-8880
Source:
Lockandkeyre
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 10:29AM
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 Keller Williams Realty Evolution
Investment Insights
Based on property information with market context.
This duplex in Jamaica Plain contains seven bedrooms and three full bathrooms within 2,902 square feet. Built in 1900, the family-owned property retains the scale and construction of its era. The existing layout is also identified as a basis for exploring an ADU or third unit, subject to zoning and required approvals.
Green Street Station on the MBTA Orange Line is nearby, as is Flaherty Park. The property sits between the Centre Street and Washington Street business corridors, with Jamaica Pond, the Arnold Arboretum, Sam Adams Brewery, neighborhood restaurants, and shops also cited in the surrounding area. Downtown Boston and public transportation are accessible from the Jamaica Plain location.
Green Street Station on the MBTA Orange Line is nearby, as is Flaherty Park. The property sits between the Centre Street and Washington Street business corridors, with Jamaica Pond, the Arnold Arboretum, Sam Adams Brewery, neighborhood restaurants, and shops also cited in the surrounding area. Downtown Boston and public transportation are accessible from the Jamaica Plain location.
Key Highlights
- Seven bedrooms and three full bathrooms
- 2,902 square feet
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,332
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,640
$1.5M
Cap Rate 7%
$1,047,600
$1.0M
Cap Rate 9%
$814,800
$814.8K
Market Conditions
NOI Build-Up for 2,902 SF
Gross rent
$109.7K $37.80/SF
− Vacancy
−$4.9K −$1.70/SF
EGI
$104.8K $36.10/SF
− OpEx
−$31.4K −$10.83/SF
NOI
$73.3K $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%
$1,466,640
Cap Rate 7%
$1,047,600
Cap Rate 9%
$814,800
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$916.7K – $1.22M
NOI $73,332 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$973.9K
$852.2K – $1.14M
NOI $68,174 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$2.17M
$1.90M – $2.54M
NOI $152,111 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,968
Businesses Nearby
Explore this area
Business Placement
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The home contains seven bedrooms and three full bathrooms across its existing layout.
Where is this duplex located?
The property is located at 6-8 Marmion St Boston, MA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Seven bedrooms and three full bathrooms; 2,902 square feet; Built in 1900
