Two-Family Residential Income
For Sale
$759,000
6-8 Plain St, Boston, MA 02122
Two-family home with hardwood floors, flexible unit layouts, and private driveway plus yard space in Dorchester, Boston.
Property Size2,000 SF
Price / SF$379.50
Days on Market64
Property Features for 6-8 Plain St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Building Size
1,968 SF
Year Built
1935
Listing Agency:
The Galvin Group, LLC
(617) 436-2000
Listed By:
Team Galvin
Source:
Nerealtyco
Added: May 28
Changed: Jul 26
Last Checked: Jul 29 at 10:47AM
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.
6-8 Plain St is a two-family residential income property featuring nearly 2,000 square feet of living space across two spacious units. The layout includes generous room sizes and hardwood flooring, with flexible configurations that support renovation, customization, or owner-occupied use.
The property also offers a private driveway and yard space. It is located in the heart of Dorchester, with nearby neighborhood shops, restaurants, public transportation, and major commuter routes.
For buyers seeking a workable foundation for updates, this home’s two-unit setup provides multiple living options within a single property, with outdoor space and a driveway that support everyday convenience.
The property also offers a private driveway and yard space. It is located in the heart of Dorchester, with nearby neighborhood shops, restaurants, public transportation, and major commuter routes.
For buyers seeking a workable foundation for updates, this home’s two-unit setup provides multiple living options within a single property, with outdoor space and a driveway that support everyday convenience.
Key Highlights
- Two‑family home built in 1935 with nearly 2,000 SF of living space across two units
- Hardwood flooring and generous room sizes throughout both units
- Flexible layouts suitable for renovation or customization
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 | $75.6k | $37.80 |
| − Vacancy | −$3.4k | −$1.70 |
| EGI | $72.2k | $36.10 |
| − OpEx | −$21.7k | −$10.83 |
| NOI | $50.5k | $25.27 |
2,000 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$722.0K
$631.7K – $842.3K
NOI $50,539 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$671.2K
$587.3K – $783.1K
NOI $46,984 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,832 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,968
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with hardwood floors, flexible unit layouts, and private driveway plus yard space in Dorchester, Boston.
Where is this duplex located?
The property is located at 6-8 Plain St Boston, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Two‑family home built in 1935 with nearly 2,000 SF of living space across two units; Hardwood flooring and generous room sizes throughout both units; Flexible layouts suitable for renovation or customization
