Victorian
71 Townsend St, Boston, MA 02119
For Sale
New
$1,080,000
Two residences share a fenced backyard, garage, off-street parking, and laundry hookups.
Property Size3,132 SF
Price / SF$344.83
Days on Market4
Property Features for 71 Townsend St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry hookups
off-street parking
garage
private backyard
Walk-Out Access
Wood,Hardwood
1
Yes
3
No
6
Insulated Windows
Gas Dryer Hookup,Washer Hookup
Public Record
Bathroom With Tub & Shower,Living Room,Kitchen,Dining Room
3132
Fenced/Enclosed
Gentle Sloping
Public,Individual Meter
0.11
7
2
Paved Drive,Shared Driveway
Paved
Rain Gutters
Stone
Public Maintained Road
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Benjamin Douglas Realty Group LLC
Listed By:
Christian Weston
Source:
Popularproperties
Added: Nov 7
Changed: Nov 9
Last Checked: Nov 10 at 8:16AM
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 Benjamin Douglas Realty Group LLC
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Investment Insights
Based on property information with market context.
Built in 1889, this 3,132-square-foot Victorian duplex contains two residences with hardwood flooring, laundry hookups, and a full basement with walk-out access. The property also includes a garage, off-street parking, and a fenced backyard on a 0.11-acre lot. Zoning is R2. The basement could be considered for an additional dwelling unit or other expansion, subject to zoning, permits, and applicable building requirements.
The property is at 71 Townsend St in Boston’s Historic Townsend Street District. Northeastern University, Boston University Medical Center, Harvard Medical School, Boston Latin Academy, Boston Medical Center, and the Longwood Medical and Academic Area are described as minutes away.
The property is at 71 Townsend St in Boston’s Historic Townsend Street District. Northeastern University, Boston University Medical Center, Harvard Medical School, Boston Latin Academy, Boston Medical Center, and the Longwood Medical and Academic Area are described as minutes away.
Key Highlights
- Two‑residence Victorian property built in 1889
- 3,132 square feet on a 0.11‑acre lot
- R2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,143
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,860
$1.6M
Cap Rate 7%
$1,130,614
$1.1M
Cap Rate 9%
$879,367
$879.4K
Market Conditions
NOI Build-Up for 3,132 SF
Gross rent
$118.4K $37.80/SF
− Vacancy
−$5.3K −$1.70/SF
EGI
$113.1K $36.10/SF
− OpEx
−$33.9K −$10.83/SF
NOI
$79.1K $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%
$1,582,860
Cap Rate 7%
$1,130,614
Cap Rate 9%
$879,367
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$989.3K – $1.32M
NOI $79,143 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$1.05M
$919.7K – $1.23M
NOI $73,577 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,167 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
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Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Boston, MA
Properties on Market for Duplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences share a fenced backyard, garage, off-street parking, and laundry hookups.
Where is this duplex located?
The property is located at 71 Townsend St Boston, MA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Two‑residence Victorian property built in 1889; 3,132 square feet on a 0.11‑acre lot; R2 zoning
