Mixed-Use Retail and Residential
65-65A Beach Street Boston, MA 02111
For Sale
$5,000,000
Four-story building with six residential units and one street-level retail space.
Property Size6,650 SF
Price / SF$751.88
Days on Market136
Property Features for 65-65A Beach Street
General Information
Standard status
Active
Size
6,650 SF
Property subtype
5+ Family - Rooming House
Building Details
Year Built
1920
Listing Agency:
Ark Real Estate Inc.
(781) 933-2500
Listed By:
Bin Yan
Source:
Jonathanradford
Added: Mar 17
Changed: Jul 26
Last Checked: Jul 29 at 10:44AM
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 Ark Real Estate Inc.
Investment Insights
Based on property information with market context.
This four-story mixed-use building includes six residential units and one street-level retail space. The property’s total gross building area is approximately 6,650 SF, with approximately 5,320 SF dedicated to residential living area. The seller indicates the property has historically maintained strong occupancy and that the property will be sold as-is, with all information to be verified by the buyer.
The building is located in Boston’s Chinatown area and is described as being convenient to downtown access, public transportation, medical facilities, and nearby restaurants and retail amenities.
As presented, the asset offers a straightforward mixed-use configuration combining street-level retail with multiple residential units within a single building.
The building is located in Boston’s Chinatown area and is described as being convenient to downtown access, public transportation, medical facilities, and nearby restaurants and retail amenities.
As presented, the asset offers a straightforward mixed-use configuration combining street-level retail with multiple residential units within a single building.
Key Highlights
- Four‑story mixed‑use building with 6 residential units and 1 street‑level retail space
- Approx. 6,650 SF gross building area with approx. 5,320 SF residential living area
- Historically strong occupancy for stable cash flow (buyer to verify)
Financial Insights For Apartment 5plus
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 | $295.3k | $44.40 |
| − Vacancy | −$11.2k | −$1.69 |
| EGI | $284.0k | $42.71 |
| − OpEx | −$127.8k | −$19.22 |
| NOI | $156.2k | $23.49 |
6,650 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.23M
$1.95M – $2.60M
NOI $156,222 @ 7.0% cap · market cap 3.12%
Second Best
Retail
$1.53M
$1.34M – $1.79M
NOI $107,335 @ 7.0% cap · market cap 2.15%
Theoretical Best
Office A
$4.98M
$4.36M – $5.81M
NOI $348,566 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Four-story building with six residential units and one street-level retail space.
Where is this apartment building located?
The property is located at 65-65A Beach Street Boston, MA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Four‑story mixed‑use building with 6 residential units and 1 street‑level retail space; Approx. 6,650 SF gross building area with approx. 5,320 SF residential living area; Historically strong occupancy for stable cash flow (buyer to verify)
