Two-Family Duplex with Private
6-8 Plain Street Boston, MA 02122
6-8 Plain Street, Boston, MA, 02122
$799,000
For Sale
$799,000
Two-unit residential income property with hardwood floors and private driveway/yard space, positioned for value-add or customization.
Property Size1,968 SF
Price / SF$405
Days on Market81
Property Features for 6-8 Plain Street
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1935
Listing agency
The Galvin Group,LLC
(617) 436-2000
Listed by
Team Galvin
Source
Capecoastalsir
Added: May 3 Updated: Jul 21 at 10:53PM Checked: Jul 22 at 6:46AM
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 The Galvin Group,LLC
Investment Insights
Based on property information with market context.
Located at 6-8 Plain Street in Dorchester, this two-family duplex offers nearly 2,000 square feet of living space distributed across two spacious units. The layout is described as flexible, with generous room sizes and hardwood flooring. The property is being presented as an opportunity to renovate or customize, supported by the home’s current foundation for improvement.
The listing notes a private driveway and yard space. It also highlights an in-town setting near neighborhood shops, restaurants, public transportation, and major commuter routes.
Overall, this is a straightforward residential income asset configured as a duplex, designed to accommodate both owner-occupants and investors seeking a value-add approach through updates and personalization.
The listing notes a private driveway and yard space. It also highlights an in-town setting near neighborhood shops, restaurants, public transportation, and major commuter routes.
Overall, this is a straightforward residential income asset configured as a duplex, designed to accommodate both owner-occupants and investors seeking a value-add approach through updates and personalization.
Key Highlights
- Two‑family residential property built in 1935
- Nearly 2,000 SF of living space across two spacious units
- Hardwood flooring and generous room sizes in both units
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 | $74.4k | $37.80 |
| − Vacancy | −$3.3k | −$1.70 |
| EGI | $71.0k | $36.10 |
| − OpEx | −$21.3k | −$10.83 |
| NOI | $49.7k | $25.27 |
1,968 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$710.4K
$621.6K – $828.8K
NOI $49,730 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$660.5K
$577.9K – $770.5K
NOI $46,232 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,155 @ 7.0% cap · market cap 12.91%
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 - Two-unit residential income property with hardwood floors and private driveway/yard space, positioned for value-add or customization.
Where is this duplex located?
The property is located at 6-8 Plain 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 residential property built in 1935; Nearly 2,000 SF of living space across two spacious units; Hardwood flooring and generous room sizes in both units
