
31 Mount Vernon St Boston — Photo 1 of 42
$1,399,000
Investment Analysis — 31 Mount Vernon St
Boston, MA 02132 — West Roxbury
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02132 carries an estimated $6,330/mo in gross rent — about a 3.47% cap rate and $48,486/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
3,532
Style
Multi Family
Built
1860
Stunning Victorian two-family set on a lush, level quarter-acre-plus lot, a rare find for a Boston multi-family. Filled with character and thoughtful updates, this special property offers an adjustable floor plan, impressive bonus space, and an incredible outdoor setting. Unit one features two bedrooms, one bath, a lovely living room, open eat-in kitchen and an inviting sunroom overlooking the backyard. Unit two offers flexibility as either a 3-bedroom with a spacious living/media room or a 4-bedroom layout. The renovated kitchen features granite countertops, updated cabinetry, generous pantry storage, and bar seating at the peninsula, plus a modern full bath with a glass-tiled shower. A walk-up unfinished attic provides substantial storage and future expansion potential. The lower level offers even more usable space with laundry, a half bath, workshop, abundant storage, and two heated bonus areas currently used as a home gym and at-home bar. Outside is where the property truly shines! Established gardens and plantings surround a beautiful patio and level lawn, making it a private outdoor oasis for entertaining, gardening, and play. Interior improvements include kitchen and bath renovations, enclosed porch conversion to finished living space, boilers & water heaters; plus exterior improvements: both roofs (home + garage), full-house gutters with leaf guards and more! Extensive landscaping, hardscaping, fencing, irrigation, and underground rainwater management further enhance the grounds. Nearby favorites include: local library, coffee at Recreo, easy access to groceries and Trader Joe’s, Billing’s field, the YMCA and MBTA: Highland Station or West Roxbury Station (Needham Line Commuter Rail). This distinctive West Roxbury property offers tremendous flexibility: ideal for multi-generational living, a long-term investment, or an owner-occupant looking to offset expenses with rental income. Make this beautiful gem your own.
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
$1,399,000
Sep 23, 2026
MLS® 73581851
$6,900
Sep 17, 2026
MLS® 73579418
$333,500
May 6, 2011
MLS® 71191120
$340,000
Feb 23, 2011
MLS® 71191120
$349,900
Sep 11, 2010
MLS® 71094686
$349,900
Jun 11, 2010
MLS® 71094686
Listing Agent: Katelyn E. Sullivan
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73581851