
21 Salem St #2 Boston — Photo 1 of 30
$1,050,000
Investment Analysis — 21 Salem St #2
Boston, MA 02129 — Charlestown
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02129 carries an estimated $4,020/mo in gross rent — about a 1.95% cap rate and $20,489/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,058
Style
Condominium
Built
2016
Rare, Spectacular Residence in a Beautiful Historic Building — gut-rehabbed and masterfully rebuilt in 2016!This gorgeous 2nd floor, 2-bedroom, 2-bath floor-through unit is a true showstopper, offering a sophisticated blend of classic architectural details and open-concept living. Entertain in style in the fireplaced living room, featuring custom built-ins, surround sound speakers, raised panel wainscoting, cornice moldings, and oversized windows that flood the space with natural light.The gourmet kitchen is a chef's dream, boasting high-end stainless steel appliances, gleaming granite counters, an x-large breakfast bar, a wine fridge, and abundant cabinetry. The formal dining area with banquette seating is perfect for intimate dinners or lively gatherings.Retreat to the primary suite, complete with generous closet space and a spa-like bath finished in luxurious Carrara marble, with basketweave floors and matching shower tiles. The oversized second bedroom is served by a beautifully appointed guest bath finished in honed travertine.Step outside to your own entertainment-sized private deck — sun-drenched all day and outfitted with built-in gas and water lines, ideal for al fresco dining, morning coffee, or evenings under the stars.This move-in-ready home is complete with every modern amenity: central air, in-unit laundry, a Nest thermostat, a 2025 water heater, and extra deeded storage. The building roof was newly replaced on 9/10/2026, offering true peace of mind for years to come.Perfectly situated on a pretty, quiet, gas-lit street, this residence puts you moments from public transportation, Whole Foods, boutique shopping, top-rated dining, entertainment, and the historic Bunker Hill Monument.Don't miss this rare opportunity to own a sophisticated, turnkey home in the heart of historic Charlestown!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood • Other
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondDining Room
Lvl SecondKitchen
Lvl SecondPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl SecondBathroom 2
Lvl SecondListing Agent: Elena Kac
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73579458
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