Six-Family Apartment
For Sale
$2,795,000
Pending
65-67 Surrey, Boston, MA 02135
Residential Income, Boston, MA
Property Size5,476 SF
Lot Size0.33 Acres
Days on Market51
Property Features for 65-67 Surrey
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 8, Bathroom 5, Bathroom 3
Parking
8
Directions
Parsons St. to Surrey St.
Standard status
Pending
APN
1216266
Size
5,476 SF
Lot size
0.33 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16885
Building Details
Year built
1920
Floors in Building
3
Number of units
6
Listing Agency:
RE/MAX On the Charles · RE/MAX International
Listed By:
Gary Rogers
(781) 894-1882
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 29 at 2:06PM
MLS# 73576254
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This six-family apartment property contains 5,476 square feet with 8 bedrooms and 6 bathrooms. Built in 1920, the building sits on a 0.3306-acre lot and includes a large barn that provides additional storage or future-use potential subject to buyer due diligence. The property is currently tenant-occupied, with showings requiring coordination and proper notice.
Eight off-street parking spaces serve the property. Located at 65-67 Surrey in Boston, the building is near Oak Square and New Balance Landing. Residential zoning supports the existing apartment use.
Eight off-street parking spaces serve the property. Located at 65-67 Surrey in Boston, the building is near Oak Square and New Balance Landing. Residential zoning supports the existing apartment use.
Key Highlights
- Six‑family apartment building with 5,476 square feet
- 8 bedrooms and 6 bathrooms
- 0.3306‑acre lot, equivalent to 14,400 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,642
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,840
$2.6M
Cap Rate 7%
$1,837,743
$1.8M
Cap Rate 9%
$1,429,356
$1.4M
Market Conditions
NOI Build-Up for 5,476 SF
Gross rent
$243.1K $44.40/SF
− Vacancy
−$9.2K −$1.69/SF
EGI
$233.9K $42.71/SF
− OpEx
−$105.3K −$19.22/SF
NOI
$128.6K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,840
Cap Rate 7%
$1,837,743
Cap Rate 9%
$1,429,356
Alternative Uses
Best Use
Apartment 5plus
$1.84M
$1.61M – $2.14M
NOI $128,642 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $287,030 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
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Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Tenant-occupied multifamily property with off-street parking, a detached barn, and residential zoning.
Where is this apartment building located?
The property is located at 65-67 Surrey Boston, MA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Six‑family apartment building with 5,476 square feet; 8 bedrooms and 6 bathrooms; 0.3306‑acre lot, equivalent to 14,400 sq ft
