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INVESTMENT SNAPSHOT
About this property
Originally the Engine No. 8 Firehouse, 133 Salem St has been thoughtfully reimagined into a stunning 4-unit mixed-use property where history and opportunity meet. Fully renovated to a high standard in 2013, it offers a rare chance for an owner-occupant to live in a piece of Boston’s past while enjoying strong, stable income. The 2,400+ sq. ft. ground-floor commercial space leased to the well-established BTONE Pilates Studio anchors the property with reliable cash flow. Above, 3 beautifully finished residential units provide flexibility to live, rent, or reconfigure to suit your vision. The 3+ bedroom penthouse w/ private outdoor space and sweeping views is ideal for a primary residence, with additional income from the other 2 leased units to offset ownership costs. Down the street from the Eliot school and all the other outstanding things the North End has to offer, this turnkey asset combines long-term investment security with everyday lifestyle appeal.
Property details
| Units | 4 |
| Living area | 6,760 sqft |
| Lot size | 2,568 sqft |
| Year built | 1920 |
| Price / sqft | $851 |
| County | Suffolk |
| MLS # | 73449037 |
Listing status
| Days on market | 215 days |
| Listed on | October 29, 2025 |
Taxes & financials
| Annual property tax | $25,272 |
| Tax year | 2025 |
| Assessed value | $2,182,400 |
| Zoning | RC |
| Gross income (actual) | $361,860/yr |
| Net operating income (actual) | $308,171/yr |
| Total actual rent | $30,155/mo |
| Electric expense | $1,141/yr |
| Insurance expense | $12,059/yr |
Building & lot
| Stories | 5 |
| Total rooms | 21 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Finished |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Douglas Elliman Real Estate - The Sarkis Team — The Sarkis Team. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 133 Salem St, Boston MA 02113 have?
It is a 4-unit multi-family property with 6,760 sqft of living area, built in 1920.
How long has 133 Salem St, Boston MA 02113 been on the market?
133 Salem St, Boston MA 02113 has been listed for 215 days (since October 29, 2025).
What is the estimated cap rate on this 4-family in Boston?
Based on area median rents, the estimated cap rate is about 1.8%, with a Signal Score of 43/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $5,750,000 across 4 units, that works out to roughly $1,437,500 per unit.
What are the property taxes on 133 Salem St, Boston MA 02113?
Annual property taxes are $25,272 (2025), on an assessed value of $2,182,400.
What is the price per square foot?
At $5,750,000 for 6,760 sqft, that's about $851 per square foot.
Where is this property located?
133 Salem St, Boston MA 02113 is in Boston, Suffolk County, MA 02113.
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