13 Pierce Street, Boston, MA 02136
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$2,189,000
5 Unit
13 Beds
5 Baths
5000 SQFT
0.11 Acre

Property Description

**8% CAP RATE**Exceptional Investment Opportunity in Cleary Square! This newer construction 5-unit building offers a rare chance to own a modern, turn-key asset in one of Boston’s rapidly growing neighborhoods. Each unit features contemporary finishes, open floor plans, gas heat/A.C., newer windows, Hardy siding, newer roof, Kitchens with shaker cabinets, ss app, stone counters and modern fixtures, in-unit laundry, and separately metered utilities (water/sewer is prepped for submetering). The property boasts energy-efficient systems and off-street parking. Conveniently located just steps to Cleary Square's shops, restaurants,2 commuter rail stops, Blue Hills Reservation and access to Rts 93, 95 & 128, this property is ideal for both investors and owner-occupants. Strong rental history and excellent upside potential in a high-demand rental market. Don’t miss this one! Units 1,2,3 and 5 are all 5 rooms with 3 beds and 1 bath. Unit 4 is an attached 2 level townhouse with separate entrance

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 13
  • Total Full Baths: 5
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 175548
  • Gross Expenses: 30600
  • Electric Expenses: 600
  • Water/Sewer: 6000
  • INSC: 4000
  • Repairs & Maintenance: 20000
  • Net Operating Income: 144948

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1910
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73410095
  • Last Updated: 08/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/01/2025Active$2,189,000$438MLSPIN
07/28/2025New$2,189,000$438MLSPIN

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Seller's Representative: Steven Musto, Insight Realty Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-01 03:08:00

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