Exceptional turnkey investment opportunity in Boston's North End! This rare four-unit building generates over $14,500 in monthly rental income, providing immediate cash flow. Offering 4,000+ sq. ft. across four levels, it features an attractive price per square foot, value-add potential with expansion opportunities, and a large walkout basement. All units have been renovated with quartz countertops, updated kitchens and baths, new flooring, stainless steel appliances, in-unit washers/dryers, dishwashers, and modern finishes. The building has also undergone interior and exterior renovations, making it a low-maintenance investment. Steps from Old North Church, Salem Street, and Prince Street, this prime location attracts strong tenant demand. Whether you're looking to expand your portfolio with a stabilized, or secure a trophy property in one of Boston's most sought-after neighborhoods, this is an opportunity you won't want to miss. Allow us a minimum of 24 hours' notice for all showings
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Last Checked: July 4th, 2026 at 6:53am (Source: MLS PIN #73544551)
Gross Income: $173,940
Gross Expenses: $12,291
Net Income Calc: $161,649
Annual Expenses for 144 Salem St, Boston MA 02113
Total Gross Expenses (Calculated)$12,291/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12291
Annual Income & Unit Breakdown for 144 Salem St, Boston MA 02113
Total Gross Income (Calculated)$173,940
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor4
Levels in Unit1
Rent Includes
General Information for 144 Salem St, Boston MA 02113
Listing ID73544551
Property TypeMulti Family / 4 Family
Price2695000 ($623.84/SqFt)
Style4 Family - 4 Units Up/down
CityBoston
CountySuffolk
MLS AreaNorth End
Neighborhood(s)
Approximate Living Area Total4320
Approximate Lot Size (Acres)0.03
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR4
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 144 Salem St, Boston MA 02113
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
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 144 Salem St, Boston MA 02113
Real Estate Taxes12291
Tax Year2024
Assessed Value$1,127,600
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 144 Salem St, Boston MA 02113
Neighborhood(s)
MLS AreaNorth End
Area AmenitiesWalk/jog Trails
Contact Information for 144 Salem St, Boston MA 02113