Two-Family Corner Lot
87 Etna Street Boston, MA 02135
For Sale
$1,275,000
Pending
Two updated units with private and shared outdoor deck space on a corner lot, suited for owner-occupy or rental use.
Property Size3,399 SF
Days on Market54
Property Features for 87 Etna Street
General Information
Standard status
Pending
Size
3,399 SF
Property subtype
Multi Family
Building Details
Year Built
1900
Listing Agency:
REMAX Executive Realty
(508) 981-1395
Listed By:
Steven Lindquist
(508) 981-1395
Source:
Lockandkeyre
Added: Jun 5
Changed: Jul 10
Last Checked: Jul 28 at 4:32AM
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 REMAX Executive Realty
Investment Insights
Based on property information with market context.
This two-family duplex offers a flexible setup for owner-occupancy or rental income, with two separate living units on a corner lot. The home features a mix of character details and functional improvements, including mill work, hardwood floors, stained glass windows, and pocket doors. Outdoor space includes a private deck for the upper unit and a shared deck for the first unit, with an additional private side yard. Kitchens and baths have been updated to support modern day living.
Located on a quiet side street in Boston, the property is described as having convenient access to major roads and public transportation. The surrounding area includes nearby amenities such as Oak Square and Brighton Landing, providing practical day-to-day options for residents.
For tenants or buyers, the layout supports independent two-unit living, and the deck and side-yard elements add usable outdoor space for everyday comfort. As a live-in investment concept, the arrangement also allows an owner to occupy one unit while renting the other to help offset housing costs. With the first time on the market in over 70 years, this duplex presents a well-detailed opportunity for those seeking a two-family property with both historic touches and updated key finishes.
Located on a quiet side street in Boston, the property is described as having convenient access to major roads and public transportation. The surrounding area includes nearby amenities such as Oak Square and Brighton Landing, providing practical day-to-day options for residents.
For tenants or buyers, the layout supports independent two-unit living, and the deck and side-yard elements add usable outdoor space for everyday comfort. As a live-in investment concept, the arrangement also allows an owner to occupy one unit while renting the other to help offset housing costs. With the first time on the market in over 70 years, this duplex presents a well-detailed opportunity for those seeking a two-family property with both historic touches and updated key finishes.
Key Highlights
- Two‑family property built in 1900 with updated kitchens and updated baths
- Corner lot with private side yard and outdoor deck space for both units
- Upper unit features a private deck; first unit has a shared deck
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 | $128.5k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $122.7k | $36.10 |
| − OpEx | −$36.8k | −$10.83 |
| NOI | $85.9k | $25.27 |
3,399 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,890 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$1.14M
$998.1K – $1.33M
NOI $79,849 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,162 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two updated units with private and shared outdoor deck space on a corner lot, suited for owner-occupy or rental use.
Where is this duplex located?
The property is located at 87 Etna Street Boston, MA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two‑family property built in 1900 with updated kitchens and updated baths; Corner lot with private side yard and outdoor deck space for both units; Upper unit features a private deck; first unit has a shared deck