Two-Family Residential Income
9 Cedrus Avenue Boston, MA 02131
9 Cedrus Avenue, Boston, MA, 02131
$799,000
For Sale
$799,000
Spacious two-family home with finished attic space, storage shed, and washer/dryer that can convey.
Property Size2,702 SF
Price / SF$295.71
Days on Market66
Property Features for 9 Cedrus Avenue
General Information
- Standard status
- Active
- Size
- 2,702 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
RE/MAX Real Estate Center
Listed by
Elias Papadopoulos
(617) 661-6600
Source
Cambridgerealty
Added: May 18 Updated: Jul 20 at 8:45PM Checked: Jul 21 at 7:05AM
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 RE/MAX Real Estate Center
Investment Insights
Based on property information with market context.
This two-family, residential income property has been lovingly cared for by the same family for the past 56 years. The home offers generous living space filled with natural light, and includes a finished attic that can serve a variety of flexible uses. While the property is comfortably livable as-is, some cosmetic updates to the kitchens, baths, windows, and roof would help unlock its full potential.
Located at 9 Cedrus Avenue in Roslindale, the property is described as being near Pleasant Caf and Tony’s Market, with access to the shops and dining of Roslindale Village. A commuter rail is noted as an 18-minute walk.
Additional features include a bonus storage shed, and the washer and dryer can stay with the property.
Located at 9 Cedrus Avenue in Roslindale, the property is described as being near Pleasant Caf and Tony’s Market, with access to the shops and dining of Roslindale Village. A commuter rail is noted as an 18-minute walk.
Additional features include a bonus storage shed, and the washer and dryer can stay with the property.
Key Highlights
- Two‑family home built in 1910, same family ownership for 56 years
- Finished attic space for extended family, a home office, guest space, or flexible living arrangements
- Bonus storage shed and washer/dryer can stay
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 | $102.1k | $37.80 |
| − Vacancy | −$4.6k | −$1.70 |
| EGI | $97.5k | $36.10 |
| − OpEx | −$29.3k | −$10.83 |
| NOI | $68.3k | $25.27 |
2,702 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$975.4K
$853.5K – $1.14M
NOI $68,278 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$906.8K
$793.4K – $1.06M
NOI $63,475 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,628 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-family home with finished attic space, storage shed, and washer/dryer that can convey.
Where is this duplex located?
The property is located at 9 Cedrus Avenue 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: Two‑family home built in 1910, same family ownership for 56 years; Finished attic space for extended family, a home office, guest space, or flexible living arrangements; Bonus storage shed and washer/dryer can stay
