Turnkey Two-Building
66-66r Stanley Street Boston, MA 02125
66-66r Stanley Street, Boston, MA, 02125
$3,149,000
For Sale
$3,149,000
Two-building multifamily with five total units, in-unit laundry, central HVAC, and 8+ off-street parking spaces.
Property Size5,945 SF
Price / SF$529.69
Days on Market226
Property Features for 66-66r Stanley Street
General Information
- Standard status
- Active
- Size
- 5,945 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Seaport Realty Group
Listed by
Tara Dynan
(617) 420-9033
Source
Sredboston
Added: Dec 8, 2025 Updated: Jul 22 at 6:17PM Checked: Jul 22 at 6:17PM
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 Seaport Realty Group
Investment Insights
Based on property information with market context.
This for-sale multifamily offering features two buildings on a quiet cul-de-sac, providing five total units and 8+ off-street parking spaces. The front building has been fully gut-renovated and delivers modern interiors across all units, each with two full baths, brand new central HVAC, in-unit laundry, and tankless hot water. Finishes include recessed lighting, new windows, hardwood floors, and updated kitchens with quartz countertops, stainless steel appliances, and slab quartz backsplashes. Unit 3 includes a private deck, and Unit 1 offers a patio, with additional basement storage available.
The rear building adds two additional updated units with a wraparound porch. Interiors feature updated countertops and appliances, complementing the refreshed look throughout the property.
Located at 66-66r Stanley Street in Boston, this is presented as a turnkey opportunity for immediate occupancy or portfolio expansion.
The rear building adds two additional updated units with a wraparound porch. Interiors feature updated countertops and appliances, complementing the refreshed look throughout the property.
Located at 66-66r Stanley Street in Boston, this is presented as a turnkey opportunity for immediate occupancy or portfolio expansion.
Key Highlights
- Two‑building multifamily with five total units on a quiet cul‑de‑sac
- Fully gut‑renovated front building with modern finishes and multiple updated unit features
- Each unit has two full baths, in‑unit laundry, and tankless hot water systems
Local 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 | $264.0k | $44.40 |
| − Vacancy | −$10.0k | −$1.69 |
| EGI | $253.9k | $42.71 |
| − OpEx | −$114.3k | −$19.22 |
| NOI | $139.7k | $23.49 |
5,945 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.00M
$1.75M – $2.33M
NOI $139,660 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.45M
$3.90M – $5.19M
NOI $311,613 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two-building multifamily with five total units, in-unit laundry, central HVAC, and 8+ off-street parking spaces.
Where is this apartment building located?
The property is located at 66-66r Stanley Street Boston, MA.
What is the asking price?
The asking price for this property is $3,149,000.
What are key features of this property?
This property features: Two‑building multifamily with five total units on a quiet cul‑de‑sac; Fully gut‑renovated front building with modern finishes and multiple updated unit features; Each unit has two full baths, in‑unit laundry, and tankless hot water systems
