167-167A Falcon, Boston MA 02128
Boston, MA 02128 • East Boston
$1,425,000
$1,395,000
Est. $8,400/month
About this home
Fantastic 3-family in prime East Boston location offering almost 3,500 sq ft of living space! Each unit features 3 spacious bedrooms, 1 bathroom, kitchens. Tenants are consistent with payments and maintain quality living standards. Perfect for an owner-occupant or value-add investor. Property includes a garage, coin-up laundry in the basement and a clean backyard. Located near Boston Harbor with easy access to bus lines, supermarkets, restaurants, and more. Strong existing cash flow with potential for increased returns. A rare opportunity to own a turnkey multi-family in one of Boston’s hottest neighborhoods!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.1%
Price Range
Property Timeline
Price Reduced
Aug 7, 2026
$1,395,000
$30,000
(-2.11%)
From $1,425,000 to $1,395,000 (-2.1%)
Listed for Sale
May 20, 2026
$1,425,000
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | ↓ Price Reduced | $1,395,000 | $30,000 | - | From $1,425,000 to $1,395,000 (-2.1%) |
| 05/20/2026 | 🏠 Listed for Sale | $1,425,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $13,756 | $1,099,400 |
Financial Details
Annual Property Tax
$13,756
Tax Year 2026
Assessed Value
$1,099,400
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,438 sq ft
Lot Size
0.05 acres
Bedrooms
9
Full Baths
3
Half Baths
1
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$2,850/mo · Y
Unit 2 Rent
$2,850/mo · Y
Unit 3 Rent
$2,850/mo · Y
Total Monthly Rent
$8,550/mo
Gross Income
$8,550
Net Operating Income
$102,600
Cap Rate
7.35%
Interior
Heating
None
Cooling
None
Flooring
Tile, Hardwood
Appliances
Washer, Dryer
Fireplace
None
Basement
Full, Walk-out Access, Concrete
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street
Total Spaces
1
Utilities
Electric
110 Volts, Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$13,756
Assessed Value
$1,099,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
79 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,438 sq ft
Total Rooms
15
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,438 sq ft above grade
1,210 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Washer, Dryer
Interior Features:
Windows:
Basement:
Full, Walk-Out Access, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Heating Zones:
3
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
1
Parking Features:
Off Street
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
Public Transportation, Shopping, Park, Public School, T-Station
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
Kennedy Patrick Elem
0.2 mi
O'Donnell Elementary
0.4 mi
D
O'Donnell Elementary School
0.4 mi
|
#777 of 824
|
Score: 30.7
Dropped 52 spots from last year
-27.5 below state avg
256 students
Less Diverse
Grades PK-06
Middle Schools
3 schools
C-
Joseph A. Browne School
0.9 mi
|
#290 of 352
|
Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students
Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.9 mi
|
#9 of 16
|
Score: 29.9
Improved 348 spots from last year
-28.3 below state avg
436 students
Less Diverse
Rising School
Grades 05-08
D
Clark Avenue School
1.0 mi
|
#329 of 352
|
Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students
Less Diverse
Rising School
Grades 05-08
High Schools
3 schools
C-
East Boston High School
0.2 mi
|
#305 of 346
|
Score: 37.3
Improved 31 spots from last year
-20.9 below state avg
1,252 students
Less Diverse
14 sports
• 584 athletes
Early College Program
Rising School
Grades 07-12
East Boston High
0.2 mi
Seaport Academy School
1.1 mi
Grades 07-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
East Boston
167-167A Falcon, Boston MA 02128
Boston, MA 02128
Listing Information
Listing Agent
Kambiz Azami
Listing Office
Greater Boston Rental & Sales
Office Phone
508-400-3151
Agent MLS ID
CN205664
Office MLS ID
BB5125
Listing Data Updated
Aug 7, 2026 8:44 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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