Two-Family Residential Income
66 Wren Street Boston, MA 02132
66 Wren Street, Boston, MA, 02132
$1,200,000
For Sale
$1,200,000
Well-maintained two-family with distinct unit layouts, hardwood floors, and added basement and walk-up attic space.
Property Size2,568 SF
Price / SF$467.29
Days on Market62
Property Features for 66 Wren Street
General Information
- Standard status
- Active
- Size
- 2,568 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Keller Williams Realty
Listed by
Chris Kostopoulos Group
(774) 280-2745
Source
Broadboutique
Added: May 23 Updated: Jul 10 at 2:13PM Checked: Jul 22 at 6:25AM
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
Investment Insights
Based on property information with market context.
This well-maintained two-family property offers two separate living configurations with hardwood floors throughout. The first unit includes a formal living room and dining room, a large kitchen, two bedrooms, and a full bath. The second unit also features formal living and dining rooms and a large kitchen, with three bedrooms and two full bathrooms, including a renovated kitchen and a primary suite with a walk-in closet. Additional unfinished space is available in the basement, along with a walk-up attic, providing extra room for storage or future use.
Located in Bellevue Hill, the property is described as being steps from the commuter rail and close to local shopping, restaurants, and parks, supporting everyday convenience for residents.
For buyers looking for a duplex-style setup, this layout provides two complete units with separate bedroom counts and bathroom configurations, while the extra basement and attic space can be useful for practical storage needs. The combination of formal spaces, hardwood floors, and the noted updates in the second unit’s kitchen and primary suite make the property straightforward to underwrite for owner-occupants or rental operators seeking a functional two-unit arrangement.
Located in Bellevue Hill, the property is described as being steps from the commuter rail and close to local shopping, restaurants, and parks, supporting everyday convenience for residents.
For buyers looking for a duplex-style setup, this layout provides two complete units with separate bedroom counts and bathroom configurations, while the extra basement and attic space can be useful for practical storage needs. The combination of formal spaces, hardwood floors, and the noted updates in the second unit’s kitchen and primary suite make the property straightforward to underwrite for owner-occupants or rental operators seeking a functional two-unit arrangement.
Key Highlights
- Two‑family home built in 1910 with two distinct unit layouts
- First unit offers a formal living room, dining room, large kitchen, 2 bedrooms, and 1 full bath
- Second unit offers a formal living room, dining room, large kitchen, 3 bedrooms, and 2 full bathrooms (including a renovated kitchen and primary suite with walk‑in closet)
Local Financial Insights For Multifamily LT 5
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 | $97.1k | $37.80 |
| − Vacancy | −$4.4k | −$1.70 |
| EGI | $92.7k | $36.10 |
| − OpEx | −$27.8k | −$10.83 |
| NOI | $64.9k | $25.27 |
2,568 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$927.0K
$811.2K – $1.08M
NOI $64,892 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$861.8K
$754.1K – $1.01M
NOI $60,328 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,604 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family with distinct unit layouts, hardwood floors, and added basement and walk-up attic space.
Where is this duplex located?
The property is located at 66 Wren Street Boston, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑family home built in 1910 with two distinct unit layouts; First unit offers a formal living room, dining room, large kitchen, 2 bedrooms, and 1 full bath; Second unit offers a formal living room, dining room, large kitchen, 3 bedrooms, and 2 full bathrooms (including a renovated kitchen and primary suite with walk‑in closet)
