Six-Unit Apartment
803-805 Hyde Park Ave, Boston, MA 02136
For Sale
$1,975,000
Three-story property with separately metered utilities and updated mechanical systems in Boston’s Hyde Park area.
Property Size5,616 SF
Lot Size0.10 Acres
Price / SF$351.67
Days on Market58
Property Features for 803-805 Hyde Park Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Net Operating Income
Site & Location
Neighborhood
Additional Details
Gross Income
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listing Agency:
Northeast Realty + Co.
Listed By:
Christopher Chadzynski
(617) 249-7141
Source:
Classifiedrealtygroup
Added: Sep 18
Changed: Nov 12
Last Checked: Nov 12 at 4:50AM
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 Northeast Realty + Co.
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Investment Insights
Based on property information with market context.
Built in 1920, this three-story wood-frame apartment property contains six units and 5,616 square feet of living area on a 4,203-square-foot lot. The building is fully occupied by market-rate tenants under tenant-at-will arrangements. Gas and electric service are separately metered, with tenants paying those utilities; ownership covers water, sewer, and common-area electric.
Building improvements include a rubber roof and vinyl windows installed around 2000, four gas steam boilers replaced in 2018, updated hot water tanks in every unit, and circuit breaker panels serving each apartment. Lead certificates are on file with the City of Boston. The property is located at 803-805 Hyde Park Ave near bus routes, with access to Roslindale Village and Hyde Park commuter rail stations, the Arnold Arboretum, Roslindale Square dining, and downtown Boston.
Building improvements include a rubber roof and vinyl windows installed around 2000, four gas steam boilers replaced in 2018, updated hot water tanks in every unit, and circuit breaker panels serving each apartment. Lead certificates are on file with the City of Boston. The property is located at 803-805 Hyde Park Ave near bus routes, with access to Roslindale Village and Hyde Park commuter rail stations, the Arnold Arboretum, Roslindale Square dining, and downtown Boston.
Key Highlights
- Six‑unit, three‑story apartment building at 803‑805 Hyde Park Ave, Boston
- 5,616 sq ft of living area on a 4,203 sq ft lot
- 100% occupied by market‑rate tenants; all tenant‑at‑will
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,931
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,638,620
$2.6M
Cap Rate 7%
$1,884,729
$1.9M
Cap Rate 9%
$1,465,900
$1.5M
Market Conditions
NOI Build-Up for 5,616 SF
Gross rent
$249.4K $44.40/SF
− Vacancy
−$9.5K −$1.69/SF
EGI
$239.9K $42.71/SF
− OpEx
−$107.9K −$19.22/SF
NOI
$131.9K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,638,620
Cap Rate 7%
$1,884,729
Cap Rate 9%
$1,465,900
Alternative Uses
Best Use
Apartment 5plus
$1.88M
$1.65M – $2.20M
NOI $131,931 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.21M
$3.68M – $4.91M
NOI $294,368 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
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Business Placement
Demographics for 02136, MA
35,102
Population
14,031
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
88%
High-School Grad
4.6 sq mi
ZIP Area
7,631
Density / Sq Mi
$96,862
Median Household Income
$50,793
Median Earnings
$1,772
Median Rent
$566,300
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Boston, MA
Properties on Market for Apartment buildings in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story property with separately metered utilities and updated mechanical systems in Boston’s Hyde Park area.
Where is this apartment building located?
The property is located at 803-805 Hyde Park Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Six‑unit, three‑story apartment building at 803‑805 Hyde Park Ave, Boston; 5,616 sq ft of living area on a 4,203 sq ft lot; 100% occupied by market‑rate tenants; all tenant‑at‑will
