Package sale of two condo units in a boutique building just steps from Berklee College of Music. The residential unit 2 (2nd floor) is leased through 8/31/2025 at $6,500/month and features approximately 1,695 sq ft with 5 bedrooms, 2 full bathrooms, and a spacious open-concept kitchen. Unit 3 is leased through 8/31/2025 at $7,500/month and offers approximately 1,726 sq ft with 4 bedrooms and 2 full bathrooms. The residential unit 3 (third floor) includes access to a private roof deck and sunroom, providing stunning views of Boston. The sale includes two garage parking spaces, with room to accommodate 2–4 cars total. This premier building offers direct elevator access to two full floors of living space. Buyers and agents to perform their own due diligence. Please note that the property tax information reflects both units combined.
This home has been viewed 60 times
Last Checked: June 10th, 2025 at 5:53am (Source: MLS PIN #73386393)
Gross Income: $168,000
Gross Expenses: $28,340
Net Income Calc: $139,660
CAP Rate: 4.51%
Annual Expenses for 179 Massachusetts Ave,2&3, Boston MA 02115
Total Gross Expenses (Calculated)$28,340/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$28,340.58
Annual Income & Unit Breakdown for 179 Massachusetts Ave,2&3, Boston MA 02115
Total Gross Income (Calculated)$168,000
Unit 1
Rental Income$6,500
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$7,500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Listing ID73386393
Property TypeMulti Family / 2 Family
Price$3,100,000 ($906.17/SqFt)
Style2 Family - 2 Units Up/down
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total3,421 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesEasements
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningNS2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 179 Massachusetts Ave,2&3, Boston MA 02115
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$168,000
Total Net Income By Broker$168,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Real Estate Taxes$28,340.58
Tax Year2024
Assessed Value$2,575,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$168,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$168,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.51%
Location Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 179 Massachusetts Ave,2&3, Boston MA 02115