Renovation-Required Multifamily
92 Bunker Hill St Boston, MA 02129
92 Bunker Hill St, Boston, MA, 02129
$900,000
For Sale
$900,000
Two-family home with a layout suited for reconfiguration into three units, sold as-is with no appliances.
Property Size2,220 SF
Price / SF$405.41
Days on Market99
Property Features for 92 Bunker Hill St
General Information
- Standard status
- Active
- Size
- 2,220 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1885
Listing agency
Proactive Realty
(617) 784-7382
Listed by
Aaron Katz
(617) 784-7382
Source
Lockandkeyre
Added: Apr 15 Updated: Jul 21 at 1:34PM Checked: Jul 22 at 4:54AM
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 Proactive Realty
Investment Insights
Based on property information with market context.
This two-family multifamily building offers a unit configuration that the seller states is well-suited for conversion to a three-unit layout. The first-floor unit includes a living room, kitchen, one bedroom, and a full bath. The second unit spans two levels and includes three bedrooms, one full bath, and one half bath. The property is in need of significant renovation and is being sold as-is, with no appliances or existing updates.
Located at 92 Bunker Hill St in Boston’s Charlestown area, the property is described as being close to local amenities and transportation.
Ideal for investors, contractors, and developers seeking a restoration and value-add opportunity, with potential for adding units and/or space through redevelopment (buyer to perform due diligence).
Located at 92 Bunker Hill St in Boston’s Charlestown area, the property is described as being close to local amenities and transportation.
Ideal for investors, contractors, and developers seeking a restoration and value-add opportunity, with potential for adding units and/or space through redevelopment (buyer to perform due diligence).
Key Highlights
- 2‑family home built in 1885, sold as‑is with no appliances and no existing updates
- Layout is suited for reconfiguration into 3 units, and the current setup is described as perfect for conversion
- First‑floor unit: living room, kitchen, one bedroom, and one full bath
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 | $83.9k | $37.80 |
| − Vacancy | −$3.8k | −$1.70 |
| EGI | $80.1k | $36.10 |
| − OpEx | −$24.0k | −$10.83 |
| NOI | $56.1k | $25.27 |
2,220 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$801.4K
$701.2K – $935.0K
NOI $56,098 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$745.0K
$651.9K – $869.2K
NOI $52,152 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,364 @ 7.0% cap · market cap 12.93%
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 - Two-family home with a layout suited for reconfiguration into three units, sold as-is with no appliances.
Where is this duplex located?
The property is located at 92 Bunker Hill St Boston, MA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2‑family home built in 1885, sold as‑is with no appliances and no existing updates; Layout is suited for reconfiguration into 3 units, and the current setup is described as perfect for conversion; First‑floor unit: living room, kitchen, one bedroom, and one full bath
