87 Gordon Street Boston — Photo 1 of 12
$5,900,000
Investment Analysis — 87 Gordon Street
Boston, MA 02135 — Brighton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 18-unit multi-family in 02135 carries an estimated $49,320/mo in gross rent — about a 7.62% cap rate and $449,699/yr in estimated NOI at the $5,900,000 list price. Adjust every assumption in the calculator below.
Beds
18
Baths
18
SqFt
9,405
Style
5+ Family - 5+ Units Up/Down
Built
1920
is proud to present an exclusive opportunity to acquire 87 Gordon Street in Brighton, Boston, MA. This fully occupied, 18-unit multifamily asset — comprised of studios , studio alcoves, and one-bedroom apartments — is ideally situated in one of Greater Boston’s most dynamic and supply-constrained rental markets. The offering presents investors with a compelling combination of stable, in-place cash flow and meaningful value-add upside through in-unit & base building renovations. The units consist of hardwood floors, partially renovated kitchens and bathrooms, desirable layouts with light and air, and balconies off the rear units. The property has been extremely well maintained and is separately metered for electric. There is potential for expansion space in the basement. Laundry is common coin-operated with a comfortable designated space. The property is very well located and provides immediate access to multiple transit options.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Kevin Benzinger
Listing Office: Boston Realty Advisors
MLS® Number: 73493658
