33-39 Ward St. Boston — Photo 1 of 27
$9,850,000
Investment Analysis — 33-39 Ward St.
Boston, MA 02127 — South Boston
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 14-unit multi-family in 02127 carries an estimated $56,305/mo in gross rent — about a 4.45% cap rate and $438,573/yr in estimated NOI at the $9,850,000 list price. Adjust every assumption in the calculator below.
Beds
30
Baths
29.5
SqFt
16,389
Style
5+ Family - 5+ Units Up/Down
Built
2022
Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts with in-unit W/D, central A/C, individual HVAC, and high-quality finishes including quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from the Red Line, I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income with upside to market rents in one of Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated details on request.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$9,850,000
Was $1
Sep 22, 2026
MLS® 73474378
$1
Was $9,999,000
Sep 18, 2026
MLS® 73474378
$9,999,000
Was $10,490,000
Jun 2, 2026
MLS® 73474378
$10,490,000
Feb 4, 2026
MLS® 73474378
Listing Agent: Easter Entwistle Advisors
Listing Office: Douglas Elliman Real Estate - Easter Entwistle Advisors
MLS® Number: 73474378