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Active

197 Lexington St, Boston MA 02128

$994,990

Estimated $2,427/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $331,663.33

Total Rent: 82200/year

Estimated CAP Rate:

3 Bedrooms

Baths

2307

Total Parking: 0

1,150 (0.03)

A well-maintained three-family in East Boston's Eagle Hill — cared for by the same ownership for years and ready for its next chapter. Each unit features an open floor plan, hardwood floors, full bath, central AC, and a kitchen with ample cabinet space and breakfast bar. Units 2 and 3 include a private office nook. Updates include renovated bathroom vanities, modern light fixtures, Nest thermostats, stainless steel appliances, and electronic door locks throughout. Two of three water heaters replaced. Brand new rear deck (~$80K) added within the last two years. One unit vacant and move-in ready — ideal for an owner-occupant looking to live in one and rent the others. Two units currently leased. Basement offers additional expansion potential with common laundry and NEW brand hot water heater. Strong candidate for condo conversion with real upside for the savvy buyer. Close to public transit, highway access, and everything East Boston has to offer. Showings start at OH on Sat and Sunday.

This home has been viewed 3 times

Last Checked: May 4th, 2026 at 7:58am (Source: MLS PIN #73509821)

Gross Income: $82,200

Gross Expenses: $9,762

Net Income Calc: $72,438

Water Views

Annual Expenses for 197 Lexington St, Boston MA 02128

Total Gross Expenses (Calculated)$9,762/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9762

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

Total Gross Income (Calculated)$82,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 197 Lexington St, Boston MA 02128

Listing ID73509821

Property TypeMulti Family / 3 Family

Price994990 ($431.29/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaEast Boston's Eagle Hill

Neighborhood(s)

Approximate Living Area Total2307

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 197 Lexington St, Boston MA 02128

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 197 Lexington St, Boston MA 02128

Real Estate Taxes9762

Tax Year2025

Assessed Value$843,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 197 Lexington St, Boston MA 02128

Neighborhood(s)

MLS AreaEast Boston's Eagle Hill

Area Amenities

Contact Information for 197 Lexington St, Boston MA 02128

Agent

Name: The Denman Group

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 813.5

Principal & Interest 6130.81

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

The Denman Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 197 Lexington St, Boston MA 02128
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EXIT

30 More Photos

Active

197 Lexington St, Boston MA 02128

$994,990

Annual Expenses for 197 Lexington St, Boston MA 02128

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

General Information for 197 Lexington St, Boston MA 02128

Disclosures for 197 Lexington St, Boston MA 02128

Financial Information for 197 Lexington St, Boston MA 02128

Location Information for 197 Lexington St, Boston MA 02128

Contact Information for 197 Lexington St, Boston MA 02128

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty

The Denman Group