Duplex with Unfinished
New
For Sale
$1,100,000
66 Pleasant, Boston, MA 02125
Two residential units provide an owner-occupant option with rental income from the second unit.
Property Size3,204 SF
Price / SF$343.32
Days on Market7
Property Features for 66 Pleasant
General Information
Standard status
Active
Size
3,204 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1928
Buildings
1
Listing Agency:
Raymond Boutin, Re/Max Innovative Properties
Listed By:
The Goodrich Team
(617) 398-4444
Source:
Goodrichboston
Added: Sep 29
Last Checked: Oct 4 at 9:41AM
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 Raymond Boutin, Re/Max Innovative Properties
Investment Insights
Based on property information with market context.
This 1928 duplex contains two residential units and 3,204 square feet of living area. An unfinished basement with 6-foot ceilings adds additional space to the property; its area is not included in the reported building size.
The property is at 66 Pleasant in Boston, near the Savin Hill and JFK/UMass T-stations, local beaches, and McKenna's Cafe.
The property is at 66 Pleasant in Boston, near the Savin Hill and JFK/UMass T-stations, local beaches, and McKenna's Cafe.
Key Highlights
- Two‑unit residential property with 3,204 square feet of living area
- Unfinished basement with 6‑foot ceilings; basement area excluded from the reported total
- Built in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,963
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,260
$1.6M
Cap Rate 7%
$1,156,614
$1.2M
Cap Rate 9%
$899,589
$899.6K
Market Conditions
NOI Build-Up for 3,204 SF
Gross rent
$121.1K $37.80/SF
− Vacancy
−$5.5K −$1.70/SF
EGI
$115.7K $36.10/SF
− OpEx
−$34.7K −$10.83/SF
NOI
$81.0K $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%
$1,619,260
Cap Rate 7%
$1,156,614
Cap Rate 9%
$899,589
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,963 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$1.08M
$940.9K – $1.25M
NOI $75,268 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,941 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
Explore this area
Business Placement
Demographics for 02125, MA
34,926
Population
14,999
Households
2.3
Avg Household Size
32
Median Age
42%
College-Educated
87%
High-School Grad
2.2 sq mi
ZIP Area
15,875
Density / Sq Mi
$71,810
Median Household Income
$52,106
Median Earnings
$1,897
Median Rent
$645,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide an owner-occupant option with rental income from the second unit.
Where is this duplex located?
The property is located at 66 Pleasant Boston, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑unit residential property with 3,204 square feet of living area; Unfinished basement with 6‑foot ceilings; basement area excluded from the reported total; Built in 1928
