Well-Maintained Two-Family
For Sale
$899,000
620-622 Beech St, Boston, MA 02131
Two separate units with 2+ bedrooms and hardwood floors, plus a fenced backyard and private driveway; Unit 2 is vacant.
Property Size2,488 SF
Price / SF$361.33
Days on Market135
Property Features for 620-622 Beech St
General Information
Standard status
Active
Size
2,488 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Zoning
R2
Net Operating Income
$18,000
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,563
Building Details
Building Size
2,488 SF
Year Built
1920
Stories
2
Tenancy
Multi
Listing Agency:
Brum & Company
Listed By:
Erin Birmingham Anadu
(617) 953-0191
Source:
Churchillprop
Added: Jun 10
Changed: Oct 7
Last Checked: Oct 20 at 5:28PM
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 Brum & Company
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Investment Insights
Based on property information with market context.
This well-maintained two-family home features two separate units, each offering 2+ bedrooms, hardwood floors, and flexible living space with natural light. Unit 2 will be delivered vacant, while Unit 1 is tenant-occupied, providing established rental income. Updates include a brand-new deck for Unit 2 and a new flat roof over the recently renovated front porch, with pride of ownership reflected throughout.
The property includes a fenced backyard, a private driveway, and a basement with soaring ceilings that can support substantial storage needs. Located at 620–622 Beech St in Boston (Roslindale), the home is described as convenient to shopping, dining, public transportation, and neighborhood amenities.
The property includes a fenced backyard, a private driveway, and a basement with soaring ceilings that can support substantial storage needs. Located at 620–622 Beech St in Boston (Roslindale), the home is described as convenient to shopping, dining, public transportation, and neighborhood amenities.
Key Highlights
- 1920‑built two‑family home with two separate units, each featuring 2+ bedrooms and hardwood floors
- Unit 2 will be delivered vacant, while Unit 1 is tenant‑occupied and currently generating established rental income
- Recent exterior updates include a brand‑new deck for Unit 2 and a new flat roof over the recently renovated front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,870
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,400
$1.3M
Cap Rate 7%
$898,143
$898.1K
Cap Rate 9%
$698,556
$698.6K
Market Conditions
NOI Build-Up for 2,488 SF
Gross rent
$94.0K $37.80/SF
− Vacancy
−$4.2K −$1.70/SF
EGI
$89.8K $36.10/SF
− OpEx
−$26.9K −$10.83/SF
NOI
$62.9K $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%
$1,257,400
Cap Rate 7%
$898,143
Cap Rate 9%
$698,556
Alternative Uses
Best Use
Multifamily LT 5
$898.1K
$785.9K – $1.05M
NOI $62,870 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$835.0K
$730.6K – $974.1K
NOI $58,448 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,411 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
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Business Placement
Demographics for 02131, MA
30,544
Population
13,264
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
10,909
Density / Sq Mi
$109,237
Median Household Income
$65,268
Median Earnings
$1,999
Median Rent
$634,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units with 2+ bedrooms and hardwood floors, plus a fenced backyard and private driveway; Unit 2 is vacant.
Where is this duplex located?
The property is located at 620-622 Beech St Boston, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1920‑built two‑family home with two separate units, each featuring 2+ bedrooms and hardwood floors; Unit 2 will be delivered vacant, while Unit 1 is tenant‑occupied and currently generating established rental income; Recent exterior updates include a brand‑new deck for Unit 2 and a new flat roof over the recently renovated front porch
