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22-24 Shelby St, Boston MA 02128

$1,499,721

Estimated $3,120/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $499,907

Total Rent: 134400/year

Estimated CAP Rate:

6 Bedrooms

Baths

3230

Total Parking: 0

1,235 (0.03)

Beautifully renovated mixed-use property featuring a commercial unit on the first floor and two spacious residential apartments above. Each apartment offers an open-concept layout, hardwood floors, two full bathrooms, central HVAC, and newer stainless steel appliances.Conveniently located just minutes from Logan Airport and major highways, with a train station within walking distance. Enjoy easy access to restaurants, shopping, and local amenities. The property is only one block from the East Boston Police Headquarters, adding to the appeal of this prime location.Extensively renovated just a few years ago, this turnkey investment requires nothing more than a new owner. Purchase today and start collecting rental income immediately.Don’t miss this excellent opportunity to own a well-maintained, income-producing property in a highly desirable area.open house on Saturtady and Sunday

This home has been viewed 7 times

Last Checked: June 22nd, 2026 at 6:48am (Source: MLS PIN #73533829)

Gross Income: $134,400

Gross Expenses: $8,260

Net Income Calc: $126,140

Annual Expenses for 22-24 Shelby St, Boston MA 02128

Total Gross Expenses (Calculated)$8,260/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8260

Annual Income & Unit Breakdown for 22-24 Shelby St, Boston MA 02128

Total Gross Income (Calculated)$134,400

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Rent IncludesHeat

General Information for 22-24 Shelby St, Boston MA 02128

Listing ID73533829

Property TypeMulti Family

Price1499721 ($464.31/SqFt)

StyleMulti Family

CityBoston

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3230

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 22-24 Shelby St, Boston MA 02128

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

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 22-24 Shelby St, Boston MA 02128

Real Estate Taxes8260

Tax Year2025

Assessed Value$713,300

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 22-24 Shelby St, Boston MA 02128

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 22-24 Shelby St, Boston MA 02128

Agent

Name: Albeiro Lopera

Office

Name: United Brokers

Phone: 781-629-2258

Payment Calculator

, Interest

Property Taxes 688.33

Principal & Interest 9240.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Brokers

Albeiro Lopera

Agent Phone

Office Phone

(781) 629-2258

Text Agent Call Agent Call Office

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EXIT

6 More Photos

Active

22-24 Shelby St, Boston MA 02128

$1,499,721

Annual Expenses for 22-24 Shelby St, Boston MA 02128

Annual Income & Unit Breakdown for 22-24 Shelby St, Boston MA 02128

General Information for 22-24 Shelby St, Boston MA 02128

Disclosures for 22-24 Shelby St, Boston MA 02128

Financial Information for 22-24 Shelby St, Boston MA 02128

Location Information for 22-24 Shelby St, Boston MA 02128

Contact Information for 22-24 Shelby St, Boston MA 02128

Agent

Office

Payment Calculator

Exclusive Listing Agent

United Brokers

Albeiro Lopera