Plumbrook is focused on Boston. We believe the city is well suited to a mid-market multifamily strategy — given its supply constraint, diversified labor force, history of long-term rent growth, and the abundance of mid-market multifamily assets.
Fenway · Boston
77–81 Park Drive is two adjacent five-story buildings on Boston’s Back Bay Fens. Built in 1910, it has 55 apartments and overlooks the park and the Museum of Fine Arts.
The Fenway is one of the most structurally supply-constrained submarkets in the Northeast: no developable land, historic preservation requirements, and hard geographic boundaries heavily limit new residential supply.
The Longwood Medical Area — Harvard Medical School, Brigham and Women’s, Dana-Farber, Boston Children’s — is less than half a mile away. So are Northeastern, BU, and Berklee. Demand is deep, and it doesn’t go away.
North End · Boston
139–145 Richmond is a six-story mixed-use elevator building on the Freedom Trail in Boston’s North End.
The building has 17 residential units and three commercial tenants — a restaurant, pasta shop, office, and take-out — with a separate residential entrance at 188 North Street. Paul Revere’s House is around the corner; the Rose Kennedy Greenway is a block away.
This is a value-add property. We’re reconfiguring unused space, added a commercial tenant, are putting in-unit washer/dryers, and doing light renovations to the units.
The North End is a compact peninsula north of downtown. There’s no land to build on, and the Freedom Trail Neighborhood Design Overlay makes new construction functionally impossible. It is the leading rental market for young professionals in Boston.
North End · Boston
99 Prince is a seven-unit residential building in the heart of Boston’s North End.
Built in 1900, the property holds seven units across 4,736 SF of living area. Prince Street sits within the neighborhood’s residential core.
The building was underwritten and acquired in November 2025 together with 195 Endicott, adding 11 units across the two properties.
North End · Boston
195 Endicott is a four-unit residential building in Boston’s North End.
Built in 1900, the property holds four units across 2,734 SF of living area.
It was acquired in November 2025 alongside 99 Prince, the two buildings together adding 11 units in the North End — the city’s oldest and most supply-constrained residential neighborhood.
North End · Boston
5–7 N Margin is an 11-unit, five-story residential building in Boston’s North End, with frontage on both N Margin and Stillman Streets.
Built in 1899, the building holds 11 units across 7,590 SF of living area. It was acquired in May 2025.
The North End’s fixed building stock and constrained development environment support durable occupancy across small multifamily assets of this profile.
