198 Maverick St, Boston, MA 02128
This exceptional Class A, stabilized multifamily investment property at 203 Maverick Street in Boston, MA, presents a compelling opportunity. The property boasts four completely renovated units, each featuring three bedrooms and two bathrooms, totaling 3,950 square feet. All units are currently occupied with signed leases extending through September 1, 2025, ensuring immediate cash flow. The building enjoys a 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $175,737, and a 7.03% capitalization rate based on the $2,500,000 asking price. Each unit is approximately 1,000 square feet (except one at 950 sq ft), offering spacious living areas with hardwood floors, unique lighting, and bright windows, creating a condo-like atmosphere. Modern amenities include central air conditioning and in-unit laundry facilities. The property is conveniently located just three blocks from the Maverick T stop, providing excellent access to public transportation. Individual unit rents range from $3,800 to $4,100 per month, totaling $16,000 in monthly rental income. Utilities are separately metered. The property is zoned 3F-2000. This is a turnkey investment with strong tenant occupancy and a proven track record of profitability. This is a rare opportunity to acquire a high-quality multifamily asset in a desirable Boston location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.