0 Lubec St, Boston, MA 02128
This exceptional Class A, six-unit apartment building in Boston's desirable Jeffries Point neighborhood presents a compelling investment opportunity. Boasting a 6.60% cap rate and a strong NOI of $244,309, this fully renovated property offers significant potential for return. All six units are currently 100% occupied with signed leases extending through September 1, 2025, ensuring immediate cash flow. The building features a mix of one-, two-, three-, and four-bedroom units, ranging from $2,600 to $5,625 in monthly rent, totaling $22,875. Each unit includes modern amenities such as custom cabinetry, stainless steel appliances, large windows, central air conditioning, and in-unit laundry. Three parking spaces are available for additional rental income. The property's prime location offers unparalleled convenience, just one block from the Mary Ellen Welch Greenway, a short walk to the Airport T stop (with a free 24-hour airport shuttle), and a quick ride to the North End and State Street via the Blue Line. Nearby amenities include waterfront restaurants, fitness studios, grocery stores, and recreational facilities. The property is zoned 3F-2000. This is a rare opportunity to acquire a stabilized, high-performing multifamily asset in a thriving Boston neighborhood. The building's strong occupancy, long-term leases, and desirable location make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture. The separately metered utilities contribute to efficient management and cost control.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.