
109 Eutaw Street Boston — Photo 1 of 27
Recent Drop: $10,000
$1,490,000
Investment Analysis — 109 Eutaw Street
Boston, MA 02128 — East Boston
Based on rent reported on the MLS listing, a 4-unit multi-family in 02128 carries $10,850/mo in gross rent — about a 5.63% cap rate and $83,813/yr in estimated NOI at the $1,490,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
5
SqFt
3,848
Style
4 Family
Built
1865
Rare investment/development opportunity in the heart of East Boston’s highly desirable Eagle Hill neighborhood. This four-family property offers tremendous potential for investors, developers, or owner-occupants looking to create long-term value in one of Boston’s most active residential markets. The property has been well maintained and partially updated, featuring hardwood floors, renovated kitchens, and central air split systems. The first unit has been fully modernized with a sleek kitchen and bath, contemporary finishes, and central air, providing a great example of what can be achieved throughout the property. Units two through four offer additional opportunities for renovation, repositioning, and value creation. With four existing units, a desirable residential location, and multiple avenues to enhance the property, this is an exciting opportunity for a buyer looking to renovate, improve, or explore future development possibilities. Conveniently located near public transportation, Logan Airport, major highways, and East Boston’s growing dining and retail scene. A rare chance to acquire a substantial multi-family asset with significant long-term upside.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • T-Station
Geography
Property History
$1,490,000
Was $1,500,000
Aug 29, 2026
MLS® 73565618
$1,500,000
Aug 19, 2026
MLS® 73565618
$1,500,000
Jun 30, 2026
MLS® 73477781
$1,500,000
Feb 17, 2026
MLS® 73477781
$1,650,000
Sep 30, 2025
MLS® 73370144
$1,699,000
Jul 31, 2025
MLS® 73336019
$1,650,000
May 6, 2025
MLS® 73370144
$1,699,000
Feb 18, 2025
MLS® 73336019
Listing Agent: Aj Arstamyan
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73565618

