Two Families Greater Boston

The way to hedge affordability in our Great Boston area is by making your first home a small mult-family. 

Have tenants pay 40% + of your home while you begin to enjoy the benefits of Multi-family tax shelters.

Small Multi -family is the gateway to amplifying the powerful value in property wealth buiding

This link has the actual math and comparison over single family

https://www.cremass.com/why-multi-family/

Here are the larger Multi families that excellerate wealth creation:

https://www.cremass.com/3-4-families-greater-boston/

and here are apartment buildings investors 1031 exchange in the maximum tax sheltering ladder :

https://www.cremass.com/apartment-buildings-MA/

Contact us to talk more about growing wealth through the right property purchases

 

TWO FAMILIES GREATER BOSTON

247 Chestnut St, Cambridge
$1,600,000
3 Beds ⋅ 3 Baths ⋅ 73593969 MLS
A unique opportunity to own a desirable two-unit residence in the heart of Cambridgeport, with strong potential for development, flexible floor plans, expansive basement, rooftop deck, private outdoor spaces, off-street parking, and an exceptional location close to the Charles River, Whole Foods, Trader Joe’s, Mass Audubon’s Magazine Beach Nature Center, and prestigious universities. Unit 1 showcases 9’ ceilings with a comfortable and functional layout filled with period detail. The living room and bedroom both have bay windows and hardwood floors. Living room features floor-to-ceiling custom built-ins and a French door. Generously sized bright bedroom features a marble-surround fireplace and ceiling medallion. A good-sized eat-in kitchen with a gas stove and tile flooring, along with a full bathroom, complete the interior. Unit 2, on the 2nd and 3rd floors, offers spacious, airy two-level living with a flexible floor plan, two bedrooms, two full bathrooms, hardwood floors, dedicated home office, and expansive roof deck. The second floor features a welcoming living room, sunny family room, eat-in kitchen with generous cabinets and gas stove, bedroom with large closet, full bathroom, and home office – an ideal setup for a work-from-home lifestyle. The third floor is a private primary bedroom suite, complete with full bathroom and direct access to the private outdoor roof deck. This exceptional deck with views of trees and urban landscape is a unique, much-coveted extension of the home, ideal for relaxing or entertaining. Roof deck offers potential to expand the 3rd floor living space. Property amenities include water filtration system, separate gas heat and hot water systems, laundry, patio and yard space, one deeded off-street parking space. Resident permit parking is also available on the street. The large basement has high ceilings and offers huge development potential. Ideally situated on one of Cambridgeport’s beautiful tree-lined streets, the property is less than ¼ mile from the Charles River, Whole Foods Market, and Trader Joe’s. Minutes to Mass Audubon’s Magazine Beach Nature Center, vibrant restaurants, cafés, parks, and neighborhood amenities. Convenient access to Central and Harvard Square, MIT, Harvard, BU, public transportation, and major commuter routes. A distinctive Cambridgeport property with potential for development, combining two residences, flexible living space, valuable private outdoor areas, parking, and an outstanding location.

247 Chestnut St, Cambridge

Listing courtesy of Listing Agent: Anne M Kennedy from Listing Office: Coldwell Banker Realty - Newton.

44-46 Quimby Street, Watertown
$1,099,000
5 Beds ⋅ 2 Baths ⋅ 73593805 MLS
Space, character, and an exceptional Watertown location come together in this two-family home offering 2,176 sq ft of living space! The vacant first-floor unit features three bedrooms, a full bath, freshly refinished hardwood floors, fresh paint, all-new replacement windows, and charming original woodwork and built-ins. The kitchen offers new flooring and appliances, while the entire unit has been deleaded with a Certificate of Compliance. Upstairs, the tenant-occupied second unit features two bedrooms, a full bath, hardwood floors, in-unit laundry, and an additional sunroom offering flexible space for an office or storage. Currently rented for $2,700 per month with a lease through July 2027, this unit provides immediate rental income. Major improvements include two brand-new oil tanks, two new hot water heaters, updated 100-amp electrical panels, and separate utilities. Both units enjoy rear decks overlooking a very spacious, fully fenced shared backyard. A one-car garage for storage and off-street parking for approximately 4–6 vehicles add further appeal. Ideally located near Watertown Square, Arsenal Yards, the Charles River Greenway, public transportation, and major routes into Cambridge and Boston. An outstanding opportunity to enjoy owner-occupancy with rental income in a desirable Watertown location!

44-46 Quimby Street, Watertown

Listing courtesy of Listing Agent: Adriana Scholz from Listing Office: Lamacchia Realty, Inc..

485 Pleasant St, Malden
$1,250,000
6 Beds ⋅ 3 Baths ⋅ 73593703 MLS
Rarely does an opportunity present itself to acquire a good-sized, sun-filled Victorian dwelling that perfectly blends classic architectural charm with extensive modern updates. Situated in a prime location within close reach of local services, schools, Fellsmere Pond, the Orange train line, and major routes, this character-filled two-family house has been beautifully updated and is in excellent, turnkey condition. Both units feature fully renovated kitchens, upgraded bathrooms, brand-new flooring, and fresh paint throughout, offering an immaculate living space ready for immediate occupancy or investment. The versatile space is thoughtfully designed across both levels to accommodate generous living arrangements. The first-floor unit features two comfortable bedrooms with a bright, welcoming layout. The upstairs unit spans two levels and offers four spacious bedrooms, two full bathrooms, and a large living room that provides ample room for relaxation and entertaining. Highlighted by soaring high ceilings and fine hardwood finishes, the interior creates an open, airy atmosphere that fills each room with natural light. In addition to its refined indoor spaces, the home provides delightful outdoor features and practical everyday benefits. Enjoy morning coffee or evening gatherings on the classic wrap-around porch, alongside the convenience of plenty of off-street parking. Whether you are looking for an exceptional owner-occupied option with rental income potential or a worry-free multi-family investment, this property delivers incredible comfort, convenience, and value. Open House: 11:00 AM – 1:00 PM, Saturday & Sunday, 10/24 and 10/25

485 Pleasant St, Malden

Listing courtesy of Listing Agent: Angela Cui from Listing Office: Keller Williams Realty.

108 Madison St, Malden
$999,000
7 Beds ⋅ 4 Baths ⋅ 73593446 MLS
Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.

108 Madison St, Malden

Listing courtesy of Listing Agent: Wilson Group from Listing Office: Keller Williams Realty.

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