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6 Baldwin Place, Boston, MA 02113 6 Baldwin Pl 4 Unit Apartment Building $2,675,000 ($668,750/Unit) 4.52% Cap Rate Boston, MA 02113

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Investment Highlights

  • 6 Baldwin Place is an impeccably maintained four-unit multifamily, fully occupied, delivering stable income in the heart of Boston’s North End.
  • Prime North End location within a half mile of North Station and I-93, with many MBTA lines providing access to Downtown and the Financial District.
  • Renovated and upgraded since 2014, residences feature hardwood floors, stainless appliances, granite countertops, plus new roof and systems.
  • Located in a dense, renter-heavy market with strong incomes, walkability, dining, and retail, supporting long-term demand in Boston’s urban core.

Executive Summary

6 Baldwin Place presents a rare opportunity to acquire an impeccably maintained four-unit multifamily asset in the heart of Boston’s North End. The asset features a well-balanced unit mix consisting of a spacious three-bedroom/two-bath duplex and three two-bedroom/one-bath residences, all fully occupied through August 31, 2026. Thoughtfully renovated beginning in 2014 and continually upgraded since, each unit showcases hardwood floors, stainless-steel appliances, granite countertops, and designer bathrooms that elevate the resident experience and support premium rents. Capital improvements, including a new roof, rooftop condenser, upgraded electrical systems, and modern sprinkler and surveillance systems, position the asset as a low-maintenance, high-performing investment currently generating $157,200 in annual income with built-in stability and zero vacancy risk.

6 Baldwin Place benefits from a prime, transit-oriented location within a half mile of North Station and immediate access to Interstate 93, enabling seamless connectivity throughout Greater Boston. Multiple MBTA lines serve the area, reinforcing strong demand among transit-dependent renters commuting to Downtown Boston, the Financial District, and surrounding employment hubs. The immediate area is densely populated, with nearly one million residents within a five-mile radius and a renter concentration of 71 percent, supporting sustained absorption and long-term rent growth. Nearby retailers, dining destinations, and everyday conveniences further enhance livability and tenant retention.

Set within one of Boston’s most historic, walkable, and supply-constrained neighborhoods, the North End continues to attract professionals, students, and high-income residents with a median household income of $128,000 within a 2-mile radius. Downtown Boston’s ongoing transformation, driven by zoning reforms, adaptive reuse, and strategic investment, continues to strengthen multifamily fundamentals across the urban core. 6 Baldwin Place stands out as a stabilized, turnkey asset offering immediate cash flow and long-term appreciation potential. This is a true North End gem and a compelling opportunity to secure a foothold in one of Boston’s most resilient multifamily markets.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,675,000
Price Per Unit $668,750
Sale Type Investment
Cap Rate 4.52%
Gross Rent Multiplier 18
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.02 AC
Building Size 2,400 SF
Average Occupancy 100%
No. Stories 5
Year Built 1920
Zoning R4 - Residential 4

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $4,500 -
2+1 2 $2,900 -
1+1 1 $2,800 -
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
CBOS-000000-000003-001339
Land Assessment
$376,600
Improvements Assessment
$1,256,000
Total Assessment
$1,632,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39147074

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 6 Baldwin Pl, Boston, MA 02113

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