651 Bennington Street Boston — Photo 1 of 36
$1,375,000
Investment Analysis — 651 Bennington Street
Boston, MA 02128 — East Boston
Based on rent reported on the MLS listing, a 3-unit multi-family in 02128 carries $8,865/mo in gross rent — about a 5.15% cap rate and $70,845/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,284
Style
3 Family
Built
1910
Incredible opportunity to own a fully renovated, turnkey multi-family home in an ultra desirable, uber-convenient East Boston location. Currently located in an EBR-4 zoning district, this three family home has been meticulously maintained and updated over the years. The property comes fully tenanted at market rate rents - with room to increase in the future. Updated kitchens, hardwood floors, new HVAC systems, in-building coin-op laundry and separate systems round out some of the features. This home offers a walk-up roof deck with panoramic views - great outdoor space with back patio and yard. Amazing location along MBTA bus route - walking distance to both Orient Heights and Wood Island MBTA Stations and minutes to Downtown Boston & Logan Airport - close to Constitution Beach, East Boston/MEW Greenway, shops, restaurants and more. This is the perfect investment opportunity, 1031 tax-exchange or addition to your portfolio.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property History
$1,375,000
Sep 9, 2026
MLS® 73574262
$3,200
Apr 16, 2025
MLS® 73346254
$3,200
Apr 16, 2025
MLS® 73342711
$3,200
Mar 17, 2025
MLS® 73346254
$3,200
Mar 7, 2025
MLS® 73342711
Listing Agent: Edward Deveau
Listing Office: Century 21 Mario Real Estate
MLS® Number: 73574262
