Detached Multifamily Property
8 Glover Ct Boston, MA 02127
8 Glover Ct, Boston, MA, 02127
$799,000
Pending
For Sale
$799,000
Pending
Detached multifamily property offered as-is, with renovation, reconfiguration, or teardown potential near the Andrew Square Red Line.
Property Size2,500 SF
Days on Market90
Property Features for 8 Glover Ct
General Information
- Standard status
- Pending
- Size
- 2,500 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
Columbus and Over Group, LLC
(617) 794-2662
Listed by
Amanda Salvatore · License #449586748
(617) 794-2662
Source
Elliman
Added: Apr 24 Updated: Jul 20 at 5:14PM Checked: Jul 21 at 9:03AM
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 Columbus and Over Group, LLC
Investment Insights
Based on property information with market context.
Located at 8 Glover Ct in Boston’s Andrew Square area, this spacious detached multifamily property is offered as-is. The current configuration presents an opportunity for a gut renovation, smart unit reconfiguration, or a complete teardown for a new build project.
The property sits on a peaceful dead end street while remaining steps from the Andrew Square Red Line station, providing access to downtown Boston, South Station, and the broader metro area. Additional nearby context referenced in the remarks includes dining and retail in Andrew Square, as well as proximity to Carson Beach and the Harborwalk, with easy highway access.
The property is being offered alongside a potential 4-building package opportunity at 4-10 Glover. Buyer/buyer agent is to perform their own due diligence. All offers are scheduled to be reviewed Tuesday, March 3rd at 5pm.
The property sits on a peaceful dead end street while remaining steps from the Andrew Square Red Line station, providing access to downtown Boston, South Station, and the broader metro area. Additional nearby context referenced in the remarks includes dining and retail in Andrew Square, as well as proximity to Carson Beach and the Harborwalk, with easy highway access.
The property is being offered alongside a potential 4-building package opportunity at 4-10 Glover. Buyer/buyer agent is to perform their own due diligence. All offers are scheduled to be reviewed Tuesday, March 3rd at 5pm.
Key Highlights
- Detached multifamily property built in 1900, offered as‑is with renovation, unit reconfiguration, or teardown/new build potential
- Over 2,500 SF detached multifamily within steps of the Andrew Square Red Line station for access to downtown and South Station
- Located on a peaceful dead end street near Andrew Square dining & retail
Local Financial Insights For Apartment 5plus
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 | $111.0k | $44.40 |
| − Vacancy | −$4.2k | −$1.69 |
| EGI | $106.8k | $42.71 |
| − OpEx | −$48.1k | −$19.22 |
| NOI | $58.7k | $23.49 |
2,500 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$839.0K
$734.1K – $978.8K
NOI $58,730 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,040 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Detached multifamily property offered as-is, with renovation, reconfiguration, or teardown potential near the Andrew Square Red Line.
Where is this multifamily property located?
The property is located at 8 Glover Ct Boston, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Detached multifamily property built in 1900, offered as‑is with renovation, unit reconfiguration, or teardown/new build potential; Over 2,500 SF detached multifamily within steps of the Andrew Square Red Line station for access to downtown and South Station; Located on a peaceful dead end street near Andrew Square dining & retail
