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Executive Summary

97 Condor Street is a turn key Class A 7 unit boutique multi-unit building built in 2022 in the heart of East Boston, one of Greater Boston's most dynamic and fastest-appreciating urban neighborhoods. The property features a striking modern exterior with oversized black-trimmed windows, a clean common entry, and well-appointed interiors throughout — including stainless steel appliances, in-unit washer/dryers, and modern finishes throughout. Offering investors the rare combination of a modern, turnkey asset with demonstrated rental demand, near-term lease-up upside, and the long-term tailwinds of one of Boston's most supply-constrained and rapidly evolving neighborhoods. Ideal opportunity for 1031 buyer to acquire this 7 unit building built in 2022!

Financial Summary (Pro Forma - 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 (Pro Forma - 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 $3,599,999
Price Per Unit $514,286
Sale Type Investment
Cap Rate 5.02%
Gross Rent Multiplier 15.69
No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Mid-Rise
Lot Size 0.09 AC
Building Size 5,390 SF
Average Occupancy 100%
No. Stories 3
Year Built 2022
Parking Ratio 0.93/1,000 SF

Amenities

Site Amenities

  • Individual Leases Available
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
EBOS-000000-000001-003575
Land Assessment
$606,200
Improvements Assessment
$1,422,200
Total Assessment
$2,028,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40976394

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 97 Condor St, Boston, MA 02128

Contact the Sale Advisor

97 Condor St - 97 Condor St, Boston, MA 02128

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