Rare investment opportunity to own a high-performing four-family home in the heart of East Boston’s desirable Eagle Hill neighborhood. With a high cap rate and significant upside potential, this property is ideal for investors or owner-occupants looking to maximize value. Mostly updated throughout, the home features central air split systems, hardwood floors, and renovated kitchens, offering modern comfort and efficiency. The first unit (ADU) is a fully modernized space with a sleek kitchen and bath, central air, and contemporary finishes, making it a highly desirable rental. Units two through four are well-maintained and rent-ready, but with thoughtful renovations, they could command even higher market rents. Situated in a prime location close to public transportation, Logan Airport, and East Boston’s vibrant dining and shopping scene, this property offers strong rental demand and long-term value. A rare find with immediate income potential and room for growth.
This home has been viewed 35 times
Last Checked: July 25th, 2025 at 4:29am (Source: MLS PIN #73370144)
Gross Income: $128,400
Gross Expenses: $18,827
Net Income Calc: $109,573
CAP Rate: 6.64%
Annual Expenses for 109 Eutaw Street, Boston MA 02128
Total Gross Expenses (Calculated)$18,827/year
APOD AvailableYes
Heating
Electricity$400
Water$3,000
Gas$3,000
Insurance
Sewer$3,000
Trash Removal
Repair & Maintenance$1,000
Management
Miscellaneous$1,000
Real Estate Tax$13,427
Annual Income & Unit Breakdown for 109 Eutaw Street, Boston MA 02128
Total Gross Income (Calculated)$128,400
Unit 1
Rental Income$3,200
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,450
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,600
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,450
LeaseY
Bedrooms1
Bathrooms1 Full
Floor4
Levels in Unit1
HeatingNo
Rent Includes
General Information for 109 Eutaw Street, Boston MA 02128
Listing ID73370144
Property TypeMulti Family / 4 Family
Price$1,650,000 ($428.79/SqFt)
Style4 Family
CityBoston
CountySuffolk
MLS AreaEast Boston
Neighborhood(s)
Approximate Living Area Total3,848 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1865
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor SpaceDeck - Wood
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 109 Eutaw Street, Boston MA 02128
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosureunit 1 is an ADU.
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$5,400
Total Gross Income By Broker$128,400
Total Net Income By Broker$110,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 109 Eutaw Street, Boston MA 02128
Real Estate Taxes$13,427
Tax Year2024
Assessed Value$1,231,800
Financial Data Source
Total Gross Expenses By Broker$5,400
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$128,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$110,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.64%
Location Information for 109 Eutaw Street, Boston MA 02128
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEast Boston
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Public Transportation, T-station
Contact Information for 109 Eutaw Street, Boston MA 02128