87 Burt Street, Boston, MA 02124
Investment opportunity near Ashmont Red Line with modern updates.
- Added:
- Jan 20, 2026
- Days on Market:
- 142
- Last Refresh:
- Apr 14 at 10:22 pm
Property Features for 87 Burt Street
General Information
- Standard status
- Active
- Size
- 3,213 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agent Wilson Group (617) 661-6600
Listing office Keller Williams Realty
Listing date Jan 20, 2026
Source Cambridgerealty
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
HighLights
- Highly desirable Dorchester location near Ashmont Red Line and Peabody Square amenities.
- Strong investment potential: owner‑occupancy, multi‑generational living, or portfolio addition.
- Opportunity to convert to 2‑3 luxury condos or high‑end rentals.
- Updated with modern efficiency: electrical updates and solar panels.
- New roof (2016) and freshly painted exterior (2025).
- Garage parking.
Overview
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 | $121.5k | $37.80 |
| − Vacancy | −$5.5k | −$1.70 |
| EGI | $116.0k | $36.10 |
| − OpEx | −$34.8k | −$10.83 |
| NOI | $81.2k | $25.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.07114
- Latitude
- 42.2838