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About this property
Turn-key multi-family gem at 51-53 S Waverly St, Boston! Built in 1930 & enhanced with over $110K in renovations (2021), this asset features identical layouts for Unit 1 & Unit 2, both beautifully updated 3BR/1BA units boasting gleaming hardwood floors throughout, modern kitchens/baths, and private porches/decks. Features a highly usable, square backyard and excellent potential to add an extra parking space in the front! Solid mechanicals minimize future capital expenses, ensuring stable cash flow with projected returns over a 6% gross yield. Unbeatable location steps from Boston Landing, Lower Allston, and the HQs of New Balance & Bose. Incredible proximity to Harvard Business School & the expanding SEAS campus. Commuter’s dream with instant access to the Mass Pike (I-90), making trips to BU and Downtown Boston incredibly fast. Exceptional layout also offers prime condo conversion potential!
Property details
| Units | 2 |
| Living area | 2,160 sqft |
| Lot size | 4,600 sqft |
| Year built | 1930 |
| Price / sqft | $578 |
| County | Suffolk |
| MLS # | 73529164 |
Listing status
| Days on market | 4 days |
| Listed on | June 3, 2026 |
Taxes & financials
| Annual property tax | $14,832 |
| Tax year | 2026 |
| Assessed value | $1,185,300 |
| Zoning | R2 |
| Gross income (actual) | $83,400/yr |
| Net operating income (actual) | $55,461/yr |
| Total actual rent | $6,950/mo |
| Insurance expense | $2,383/yr |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Block |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of eXp Realty LLC - Corporate Office — Montivista Real Estate Group. 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 51-53 S Waverly St, Boston MA 02135 have?
It is a 2-unit multi-family property with 2,160 sqft of living area, built in 1930.
How long has 51-53 S Waverly St, Boston MA 02135 been on the market?
51-53 S Waverly St, Boston MA 02135 has been listed for 4 days (since June 3, 2026).
What is the estimated cap rate on this 2-family in Boston?
Based on area median rents, the estimated cap rate is about 4.1%, with a Signal Score of 74/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,249,000 across 2 units, that works out to roughly $624,500 per unit.
What are the property taxes on 51-53 S Waverly St, Boston MA 02135?
Annual property taxes are $14,832 (2026), on an assessed value of $1,185,300.
What is the price per square foot?
At $1,249,000 for 2,160 sqft, that's about $578 per square foot.
Is there parking?
1 total parking space (paved drive, off street).
Where is this property located?
51-53 S Waverly St, Boston MA 02135 is in Boston, Suffolk County, MA 02135.
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