Active
24 Days on market
109 Eutaw Street Boston — Photo 1 of 27

109 Eutaw Street Boston — Photo 1 of 27

Recent Drop: $10,000

$1,500,000
$1,490,000

$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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,500,000
Annual Taxes$15,139

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
Fireplaces2
FlooringWood
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter, Stone
ZoningRES

Property & Lot

Acres0.06
SqFt Lot2,500
Lot FeaturesGentle Sloping

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • T-Station

Geography

Property History

Price Drop
$1,490,000

Was $1,500,000

Aug 29, 2026

MLS® 73565618

Listed
$1,500,000

Aug 19, 2026

MLS® 73565618

Expired
$1,500,000

Jun 30, 2026

MLS® 73477781

Listed
$1,500,000

Feb 17, 2026

MLS® 73477781

Expired
$1,650,000

Sep 30, 2025

MLS® 73370144

Expired
$1,699,000

Jul 31, 2025

MLS® 73336019

Listed
$1,650,000

May 6, 2025

MLS® 73370144

Listed
$1,699,000

Feb 18, 2025

MLS® 73336019

Listing Provided By

Listing Agent: Aj Arstamyan

Listing Office: Coldwell Banker Realty - Boston

MLS® Number: 73565618