
5 Glenburne Street, Boston, Massachusetts
Boston, Massachusetts
The 5 Glenburne Street project consists of the ground-up construction of a three-family residential building located in Boston, Massachusetts.
The asset is positioned within an established urban neighborhood characterized by strong rental demand, consistent absorption patterns, and long-term appreciation fundamentals.
Boston remains one of the most resilient real estate markets in the United States, supported by:
World-renowned universities
Healthcare and biotechnology industries
Financial and technology sectors
Limited land availability and strict zoning controls
Stand-alone three-family residential building
Basement plus three residential floors
One unit per floor
New fire protection and life safety systems
Fully compliant with Massachusetts building codes
According to the approved architectural drawings (A101 and A102), the building includes:
Basement level with storage areas
Three residential units (Units 1, 2, and 3)
Independent layouts per floor
Modernized circulation and ADA-compliant access elements
The project replaces an existing structure and delivers a newly constructed, fully code-compliant residential asset aligned with Boston’s ongoing housing demand.
Boston continues to face constrained housing supply combined with steady population inflow and strong rental fundamentals.
This development represents:
An urban infill opportunity
Strong rental income or condo-conversion potential
Stable long-term asset positioning
New construction in a supply-restricted market
The project aligns with a strategy focused on:
Mid-scale multifamily development
Capital preservation with growth potential
High-liquidity exit scenarios
Land
$330,000
Construction Costs
$800,000
Carrying Cost
$88,344
Closing Costs
$99,000
Sale Exit
$1,650,000
Profit
$332,656
Pre-Construction & Permitting
6/1/2026
Demolition & Site Preparation
2/21/2026
Foundation & Concrete Structure
4/18/2026
Wood Frame Structure
4/18/2026
Roofing, Windows & Exterior Enclosure
4/30/2026
MEP Installations (Electrical, Plumbing & HVAC)
Interior Finishes
Sale / Exit