7-Bedroom Multifamily
For Sale
$925,000
96 Ruthven St, Boston, MA 02121
Three-story multifamily property with updated major systems and adaptable residential space.
Property Size3,387 SF
Price / SF$273.10
Days on Market55
Property Features for 96 Ruthven St
General Information
Standard status
Active
Size
3,387 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
R3
Property Condition
Severity
Repairs Needed
Evidence
property does need some updates
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,565
Building Details
Year Built
1921
Stories
3
Listing Agency:
eRealty Advisors, Inc.
Listed By:
Jaelle Trimble · License #9538118
(617) 729-2618
Source:
Erealtyadvisors
Added: Aug 13
Changed: Sep 4
Last Checked: Sep 18 at 4:14AM
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 eRealty Advisors, Inc.
Investment Insights
Based on property information with market context.
Located at 96 Ruthven Street in Boston, this multifamily property contains 3,387 square feet arranged across three stories. The residence includes seven bedrooms and three full bathrooms, creating a substantial residential layout with flexibility for occupants, guests, or dedicated work areas.
Built in 1921, the property requires some updates, while several major systems have already been addressed. Improvements include a brand-new heating system, a water heater, and updated plumbing. The property records a Walk Score of 79, a Transit Score of 73, and a Bike Score of 60.
Built in 1921, the property requires some updates, while several major systems have already been addressed. Improvements include a brand-new heating system, a water heater, and updated plumbing. The property records a Walk Score of 79, a Transit Score of 73, and a Bike Score of 60.
Key Highlights
- 3,387 square feet across three stories
- Seven bedrooms and three full bathrooms
- Brand‑new heating system and water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,568
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,360
$1.6M
Cap Rate 7%
$1,136,686
$1.1M
Cap Rate 9%
$884,089
$884.1K
Market Conditions
NOI Build-Up for 3,387 SF
Gross rent
$150.4K $44.40/SF
− Vacancy
−$5.7K −$1.69/SF
EGI
$144.7K $42.71/SF
− OpEx
−$65.1K −$19.22/SF
NOI
$79.6K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,360
Cap Rate 7%
$1,136,686
Cap Rate 9%
$884,089
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$994.6K – $1.33M
NOI $79,568 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,533 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,436
Businesses Nearby
Explore this area
Business Placement
Demographics for 02121, MA
28,766
Population
11,384
Households
2.5
Avg Household Size
33
Median Age
21%
College-Educated
75%
High-School Grad
1.9 sq mi
ZIP Area
15,140
Density / Sq Mi
$38,565
Median Household Income
$33,700
Median Earnings
$1,316
Median Rent
$548,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Three-story multifamily property with updated major systems and adaptable residential space.
Where is this multifamily property located?
The property is located at 96 Ruthven St Boston, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,387 square feet across three stories; Seven bedrooms and three full bathrooms; Brand‑new heating system and water heater
