Renovated 4-Unit
64 Seaver, Boston, MA 02119
For Sale
$1,899,000
Current tenancy is complemented by a framed basement intended for additional living space.
Property Size5,070 SF
Price / SF$374.56
Days on Market26
Property Features for 64 Seaver
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Amenities
porch
Building Details
Year Built
Buildings
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Stacy Travers
(617) 512-8390
Source:
Ninasoto
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 9 at 5:25AM
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 eXp Realty LLC - Corporate Office
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Investment Insights
Based on property information with market context.
Built in 1925, this renovated four-unit property contains 5,070 square feet and has a new roof. The building is occupied, with a porch on each floor. A framed basement is in place for potential additional living space, and the driveway accommodates two to three cars.
The property is next to Franklin Park and the Franklin Park Zoo. Nearby transportation includes MBTA bus routes, with Orange Line access within reach. Jamaica Pond, Jamaica Plain shops and cafes, and the Arnold Arboretum are also in the surrounding area.
The property is next to Franklin Park and the Franklin Park Zoo. Nearby transportation includes MBTA bus routes, with Orange Line access within reach. Jamaica Pond, Jamaica Plain shops and cafes, and the Arnold Arboretum are also in the surrounding area.
Key Highlights
- Four‑unit building with 5,070 square feet
- Renovated, with a new roof
- Currently tenanted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,115
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,562,300
$2.6M
Cap Rate 7%
$1,830,214
$1.8M
Cap Rate 9%
$1,423,500
$1.4M
Market Conditions
NOI Build-Up for 5,070 SF
Gross rent
$191.6K $37.80/SF
− Vacancy
−$8.6K −$1.70/SF
EGI
$183.0K $36.10/SF
− OpEx
−$54.9K −$10.83/SF
NOI
$128.1K $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%
$2,562,300
Cap Rate 7%
$1,830,214
Cap Rate 9%
$1,423,500
Alternative Uses
Best Use
Multifamily LT 5
$1.83M
$1.60M – $2.14M
NOI $128,115 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$1.70M
$1.49M – $1.99M
NOI $119,105 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$3.80M
$3.32M – $4.43M
NOI $265,749 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
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Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Boston, MA
Properties on Market for Quadplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Current tenancy is complemented by a framed basement intended for additional living space.
Where is this quadplex located?
The property is located at 64 Seaver Boston, MA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Four‑unit building with 5,070 square feet; Renovated, with a new roof; Currently tenanted
