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167-167A Falcon St, Boston, MA, 02128

9beds
4baths
3,438sqft
$1,425,000
$414price/sqft
$9,238/moest. monthly cost
$369,520/yrincome needed

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!

Getting Around

80
WalkingVery Walkable
66
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

2/10
East Boston High SchoolGrades 7-120.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood
  • Finished area below ground: 1,210
  • Finished area above ground: 3,438

Interior Area

  • Total structure area: 3,438
  • Total interior livable area: 3,438 sqft

Property

Details

  • Parcel number: 03268000,1330581
  • Zoning: RL-R

Features

  • Fencing: Fenced/Enclosed
  • Has view: Yes
  • View description: City View(s)

Lot

  • Lot size: 2,187 sqft

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,205$86,460
Home Insurance *$537$6,444
Property Taxes $819$9,828
Electricity $677$8,135
Total$9,238$110,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$316,731/yr
40% on housing$277,140/yr
45% on housing$246,346/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$414This listing

vs Other Active Listings

Avg $/sqft

ZIP 02128$393
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02128$513
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Price change$1,395,000
2026-05-20Listed for sale$1,425,000

For Sale by Agent

AgentKambiz Azami
BrokerageGreater Boston Rental & Sales

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