The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.
This home has been viewed 25 times
Last Checked: November 9th, 2025 at 5:33am (Source: MLS PIN #73451014)
Gross Income: $64,500
Gross Expenses: $30,412
Net Income Calc: $34,088
CAP Rate: 0.60%
Annual Expenses for 157-167 Delhi Street, Boston MA 02126
Total Gross Expenses (Calculated)$30,412/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$30,412
Annual Income & Unit Breakdown for 157-167 Delhi Street, Boston MA 02126
Total Gross Income (Calculated)$64,500
Unit 1
Rental Income$2,700
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water
Unit 2
Rental Income$2,675
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water
General Information for 157-167 Delhi Street, Boston MA 02126
Listing ID73451014
Property TypeMulti Family
Price$5,700,000 ($362.04/SqFt)
Style5+ Family - 5+ Units Side By Side
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total15,744 SqFt
Approximate Lot Size (Acres)0.69 acres
Total Parking18
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
Zoning.
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 157-167 Delhi Street, Boston MA 02126
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$135,065
Total Gross Income By Broker$554,528
Total Net Income By Broker$419,463
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 157-167 Delhi Street, Boston MA 02126
Real Estate Taxes$30,412
Tax Year2025
Assessed Value$2,590,600
Financial Data SourceOwner
Total Gross Expenses By Broker$135,065
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$554,528
BostonRealEstate.com Gross Income
Total Net Income By Broker$419,463
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.60%
Location Information for 157-167 Delhi Street, Boston MA 02126
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, House Of Worship, Shopping, Park, Laundromat, Bike Path, Public Transportation, T-station
Contact Information for 157-167 Delhi Street, Boston MA 02126
Agent
Name: Tony Pepdjonovic
Office
Name: Marcus & Millichap Real Estate Investment Services