Log In/Sign Up
Your email has been sent.
130 Myrtle 8 Unit Apartment Building $9,523,349 CAD ($1,190,419 CAD/Unit) 4.37% Cap Rate Boston, MA 02114
Investment Highlights
- No deferred maintenance
- fully leased through 2027
Executive Summary
Quality meets charm in this 8 unit Beacon Hill multifamily. Meticulously maintained, 130 Myrtle St comes equipped with AC and heat pumps (2022) in 7 of 8 units, a new roof (half 2024), new hot water systems (2024), and various renovations/upgrades to 3 units (2023). All utilities are separately metered except for hot water and water/sewer. Tenants pay their own electric and cooking gas. Laundry in unit for 3 of 8 units. Coin-op common laundry and storage for all units in the basement. 3 two bedrooms, 5 one bedrooms. Private roof deck for unit 7 and private patio for unit 8. Fully leased through 8/31/2027 with working professionals. Annual income of $370,800. Inquire for full rent roll and details.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$515,512
|
$79.31
|
| Other Income |
$2,085
|
$0.32
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$517,598
|
$79.63
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$101,052
|
$15.55
|
| Net Operating Income |
$416,546
|
$64.08
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $515,512 |
| Annual Per SF | $79.31 |
| Other Income (CAD) | |
|---|---|
| Annual | $2,085 |
| Annual Per SF | $0.32 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $517,598 |
| Annual Per SF | $79.63 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $101,052 |
| Annual Per SF | $15.55 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $416,546 |
| Annual Per SF | $64.08 |
Property Facts
| Price | $9,523,349 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $1,190,419 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 4.37% | Building Size | 6,500 SF |
| Gross Rent Multiplier | 18 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1883 |
| Property Subtype | Apartment | ||
| Zoning | A | ||
| Price | $9,523,349 CAD |
| Price Per Unit | $1,190,419 CAD |
| Sale Type | Investment |
| Cap Rate | 4.37% |
| Gross Rent Multiplier | 18 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 6,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1883 |
| Zoning | A |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $5,561 CAD | 650 - 750 |
| 1+1 | 2 | $4,449 CAD | 550 |
| 1+1 | 3 | $5,335 CAD | 650 - 750 |
| 1+1 | 4 | $4,449 CAD | 650 - 750 |
| 1+1 | 5 | $5,422 CAD | 650 - 750 |
| 1+1 | 6 | $4,692 CAD | 650 - 750 |
| 2+2 | 7 | $9,384 CAD | 1,300 - 1,500 |
| 2+1 | 8 | $4,501 CAD | 700 - 1,300 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | CBOS-000000-000005-001815 | Improvements Assessment | $2,472,498 CAD |
| Land Assessment | $1,951,826 CAD | Total Assessment | $4,424,324 CAD |
Property Taxes
Parcel Number
CBOS-000000-000005-001815
Land Assessment
$1,951,826 CAD
Improvements Assessment
$2,472,498 CAD
Total Assessment
$4,424,324 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
130 Myrtle
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.