Two-Family Investment Property in
87 Etna Street, Boston, MA 02135
MULTI_FAMILY - Boston, MA
Property size:
3,399 SFLot size:
0.08 AcresPrice / SF:
$380/SF- Added:
- Jan 21, 2026
- Days on Market:
- 120
- Last Refresh:
- May 21 at 9:06 pm
Property Features for 87 Etna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 1
- Fireplace
- 1
- Standard status
- Active
- APN
- W:22 P:02020 S:000,1214425
- Size
- 3,399 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12682
Building Details
- Year built
- 1900
- Floors in Building
- 4
- Number of units
- 2
Listing agent Bill Wright License #5503 (508) 435-6700
Listing office REMAX Executive Realty 22 South Street, Suite 203, Hopkinton, MA (508) 435-6700
Listing date Jan 21, 2026
MLS# 73470746
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family investment property suitable for owner‑occupancy or traditional rental income.
- Updated kitchens and baths provide modern living.
- Great commuting location with access to major roads and public transportation.
- Corner lot with private side yard and private/shared decks.
- Original character with mill work, hardwood floors, stained glass windows, and pocket doors.
- First time on the market in over 70 years.
Overview
This two-family property presents an opportunity for investment or owner-occupancy. On the market for the first time in over 70 years, the property occupies a corner lot with a private side yard. Located on a quiet side street, the property includes a private deck for the upper unit and a shared deck for the first unit. The property retains its original character through mill work, hardwood floors, stained glass windows, and pocket doors. The kitchens and bathrooms have been updated. The property offers a commuting location with access to major roads and public transportation, with access to nearby amenities including Oak Square and Brighton Landing. The lot size is 0.0846 acres. The property size is 3399 square feet. The zoning is R2.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$954.3K
NOI $85,890 @ 9.00% cap · cautious / downside scenario
Moderate
$1.23M
NOI $85,890 @ 7.00% cap · market / base-case scenario
Aggressive
$1.72M
NOI $85,890 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| 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 Use Scenarios
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,890 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$1.14M
$998.1K – $1.33M
NOI $79,849 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,162 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.148217
- Latitude
- 42.352825
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family property with updated kitchens and baths on corner lot.
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 $1,295,000.
What are key features of this property?
This property features: Two‑family investment property suitable for owner‑occupancy or traditional rental income.; Updated kitchens and baths provide modern living.; Great commuting location with access to major roads and public transportation.
