Overview Property Details Payment Calculator Walkability

Active

197 Havre St, Boston MA 02128

$3,800,000

Estimated $8,127.93/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $760,000

Total Rent: 194400/year

Estimated CAP Rate: 4.49%

9 Bedrooms

5 Full, 1 Half Baths

4,703 SqFt

Total Parking: 10 (5 Garage)

2,500 SqFt

VALUE ADD Work finishing up and VALUE ADD for the savvy investor, for this amazing spacious 5 family in A+ location. Brand new 5-unit 4-story condo/apartment building. Havre Street is mostly new apartment and condominium buildings; located next to the tunnel and airport and ...

This home has been viewed 13 times

Last Checked: June 22nd, 2025 at 4:43am (Source: MLS PIN #73380477)

Gross Income: $194,400

Gross Expenses: $23,595

Net Income Calc: $170,805

CAP Rate: 4.49%

Annual Expenses for 197 Havre St, Boston MA 02128

Total Gross Expenses (Calculated)$23,595/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$23,595

Annual Income & Unit Breakdown for 197 Havre St, Boston MA 02128

Total Gross Income (Calculated)$194,400

Unit 1

Rental Income$3,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water), Unit 3(hot Water)

Unit 2

Rental Income$4,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water), Unit 3(hot Water)

Unit 3

Rental Income$4,800

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water), Unit 3(hot Water)

Unit 4

Rental Income$4,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water), Unit 3(hot Water)

General Information for 197 Havre St, Boston MA 02128

Listing ID73380477

Property TypeMulti Family

Price$3,800,000 ($807.99/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaEast Boston

Neighborhood(s)

Approximate Living Area Total4,703 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking10 (5 Garage)

Garage Parking5 / Detached

Year Built2025

Year Built SourceOwner

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Conventional (2x4-2x6), Cement Board

Lot FeaturesLevel, Zero Lot Line

Foundation Area2160

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpaceDeck, Deck - Composite, Deck - Roof, Porch

ZoningA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesDirect Access, Harbor, Ocean, Walk To, 1/10 To 3/10 To Beach, Beach Ownership(public)

Energy FeaturesScreens, Picture Window, Insulated Windows

Terms

Disclosures for 197 Havre St, Boston MA 02128

Lead Paint

UFFINo

Living Area Includes BasementNo

Living Area DisclosureIncludes exclusive use balconies and roof decks

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$245,988

Total Net Income By Broker$245,988

For Sale By OwnerEntry Only

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 197 Havre St, Boston MA 02128

Real Estate Taxes$23,595

Tax Year2025

Assessed Value$2,037,600

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$245,988

BostonRealEstate.com Gross Income

Total Net Income By Broker$245,988

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.49%

Location Information for 197 Havre St, Boston MA 02128

Elementary SchoolSam Adams

Middle SchoolKennedy

High SchoolCent Catholic

Neighborhood(s)

MLS AreaEast Boston

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University

Contact Information for 197 Havre St, Boston MA 02128

Agent

Name: Derek Greene

MLS ID: CT004394

Office ID: K95593

National Association ID: 453010898

Address: 4 Field Way

City: Worcester

State: MA

Zip: 01602

Office

Name: The Greene Realty Group

MLS Office ID: K95593

Phone: 860-560-1006

Payment Calculator

$25,380.64 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,966.25

Principal & Interest $23,414.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Greene Realty Group

Derek Greene

Agent Phone

Office Phone

(860) 560-1006

Text Agent Call Agent Call Office

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    [description] => VALUE ADD Work finishing up and VALUE ADD for the savvy investor, for this amazing spacious 5 family in A+ location. Brand new 5-unit 4-story condo/apartment building. Havre Street is mostly new apartment and condominium buildings; located next to the tunnel and airport and highly sought as both condominium and rental buildings. The current owner would provide a second $300,000 at 1% 10-year balloon mortgage giving instant equity and market time to gain further. 2024 appraisal is $3,800,000, value in East Boston up 7% in the last year, new owner winning big.   Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder.  ** Note: property hitting individual unit sales Monday July 7 if some savvy group does not snap up this amazing opportunity. Open house:  Thursday 6/19 and Friday 6/20 11-2.
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        )

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EXIT

Active

197 Havre St, Boston MA 02128

$3,800,000

Annual Expenses for 197 Havre St, Boston MA 02128

Annual Income & Unit Breakdown for 197 Havre St, Boston MA 02128

General Information for 197 Havre St, Boston MA 02128

Disclosures for 197 Havre St, Boston MA 02128

Financial Information for 197 Havre St, Boston MA 02128

Location Information for 197 Havre St, Boston MA 02128

Contact Information for 197 Havre St, Boston MA 02128

Agent

Office

Payment Calculator

Exclusive Listing Agent

The Greene Realty Group

Derek Greene