Search
Two-Family Duplex with Unfinished Basement
For Sale
$1,100,000

66 Pleasant Street, Boston, MA 02125

Multi-level living space is paired with an unfinished basement and proximity to transit, beaches, and neighborhood businesses.

Property Size3,204 SF
Price / SF$343.32
Days on Market11

Property Features for 66 Pleasant Street

General Information

Standard status Active
Size 3,204 SF
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1928
Buildings 1
Listing Agency: Keller Williams Realty Boston South West
Listed By: Danielle Canty
Source: Longwoodresidential
Added: Sep 25 Changed: Oct 4 Last Checked: Oct 4 at 9:55AM

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 Keller Williams Realty Boston South West

Investment Insights

Based on property information with market context.

This 1928 two-family property in Boston provides 3,204 square feet across multiple levels. An unfinished basement has 6-foot ceilings; its area is not included in the stated building size. The two-family configuration includes existing residential space, with the lower level offering additional unfinished area.

The property is a short distance from the Savin Hill and JFK/UMass T stations, nearby beaches, and McKenna's Cafe. Located in Dorchester near the Savin Hill area, it combines a multi-unit layout with access to neighborhood destinations and public transit.

Key Highlights

  • 3,204 square feet of building area
  • Two‑family property built in 1928
  • Unfinished basement with 6‑foot ceilings; basement area excluded from the stated total

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 (±1% cap)
NOI $80,963 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$1.08M
$940.9K – $1.25M (±1% cap)
NOI $75,268 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $167,941 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Spa & Massage Center HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,895
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Multi-level living space is paired with an unfinished basement and proximity to transit, beaches, and neighborhood businesses.
Where is this duplex located?
The property is located at 66 Pleasant Street 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: 3,204 square feet of building area; Two‑family property built in 1928; Unfinished basement with 6‑foot ceilings; basement area excluded from the stated total
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again