Active
6 Days on market
24 Vassar St Boston — Photo 1 of 11

24 Vassar St Boston — Photo 1 of 11

$3,250,000

Investment Analysis — 24 Vassar St

Boston, MA 02121

Based on rent reported on the MLS listing, a 3-unit multi-family in 02121 carries $10,284/mo in gross rent — about a 2.42% cap rate and $78,797/yr in estimated NOI at the $3,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

3,207

Style

3 Family

Built

1905

24 Vassar St is a CROWN JEWEL ASSET delivering a spectacular DOUBLE EXPANSION MEGAPLAY & HIGH-MARGIN CONVERSION! Capitalize on monumental profits from the roof down. This pristine, turn-key 3-family powerhouse is an ideal candidate for luxury condo conversion to UNLOCK MAXIMUM RESALE VALUES. A meticulous 2018 gut rehab inside and out beautifully preserves its timeless 1905 Dorchester charm across 3 FLAWLESS UNITS boasting hardwood floors, BESPOKE QUARTZ KITCHENS, and high-end stainless appliances with identical, spacious 3-bedroom layouts each. .UNMATCHED EQUITY SCALE: Capitalize on rare air rights to build upward for a 5th-unit penthouse! The massive open basement offers a clean slate for structural build-out with ADU potential. Early-stage DRAFT condo conversion documents—including the draft Master Deed, Declaration of Trust, Site Plan, and Plot Plan—are completed and will transfer entirely to the buyer as drafts for final municipal filing.

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$3,250,000
Annual Taxes$14,993

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Hardwood, Stone / Slate
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas, Individual, Unit Control
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Granite
ZoningR3

Property & Lot

Acres0.08
SqFt Lot3,700
Lot FeaturesCorner Lot, Cleared, Level

Amenities & Appliances

Dishwasher • Disposal • Refrigerator • Range • Microwave

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$3,250,000

Sep 18, 2026

MLS® 73580390

Terminated
$1,260,000

Feb 18, 2026

MLS® 73472935

Listed
$1,260,000

Jan 30, 2026

MLS® 73472935

Listing Provided By

Listing Agent: Jonathan Minerick

Listing Office: homecoin.com

MLS® Number: 73580390