Two-Family Residential Income
74 Wordsworth Street Boston, MA 02128
74 Wordsworth Street, Boston, MA, 02128
$799,900
For Sale
$799,900
Two-family property with separate utilities, a yard, and a newer gas heating system installed within the past four years.
Property Size1,980 SF
Price / SF$403.99
Days on Market94
Property Features for 74 Wordsworth Street
General Information
- Standard status
- Active
- Size
- 1,980 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Century 21 Mario Real Estate
Listed by
Team Bedoya
(617) 394-8648
Source
Unitboston
Added: Apr 20 Updated: Jul 21 at 12:07PM Checked: Jul 22 at 7:21AM
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 Century 21 Mario Real Estate
Investment Insights
Based on property information with market context.
This two-family residential income property offers a total of 6 bedrooms and 2 bathrooms. The home includes a yard and has separate utilities, providing convenience for occupants. A newer gas heating system was installed within the past four years.
Located in East Boston near transportation, the property is positioned for convenient commuting and is close to neighborhood shops, restaurants, and city amenities.
With its two-family configuration and utility separation, the property can serve both investor and owner-occupant needs, depending on how you plan to update and manage the asset.
Located in East Boston near transportation, the property is positioned for convenient commuting and is close to neighborhood shops, restaurants, and city amenities.
With its two-family configuration and utility separation, the property can serve both investor and owner-occupant needs, depending on how you plan to update and manage the asset.
Key Highlights
- Two‑family home built in 1910 offering 6 total bedrooms and 2 bathrooms
- Newer gas heating system installed within the past 4 years
- Separate utilities for the two‑family layout
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 | $74.8k | $37.80 |
| − Vacancy | −$3.4k | −$1.70 |
| EGI | $71.5k | $36.10 |
| − OpEx | −$21.4k | −$10.83 |
| NOI | $50.0k | $25.27 |
1,980 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$714.8K
$625.4K – $833.9K
NOI $50,033 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$664.5K
$581.4K – $775.2K
NOI $46,514 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,784 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family property with separate utilities, a yard, and a newer gas heating system installed within the past four years.
Where is this duplex located?
The property is located at 74 Wordsworth Street Boston, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two‑family home built in 1910 offering 6 total bedrooms and 2 bathrooms; Newer gas heating system installed within the past 4 years; Separate utilities for the two‑family layout
