Triplex with Private Rear Decks

12 Schiller St Boston, MA 02130

Claim this Listing
For Sale
$1,649,000

MULTI_FAMILY - Boston, MA

Property size:
3,381 SF
Lot size:
0.09 Acres
Price / SF:
$487/SF
Added:
May 23, 2026
Days on Market:
51
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 12 Schiller St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 5
Parking
6
Standard status
Active
APN
W:10 P:01844 S:000,1351661
Size
3,381 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
19852

Building Details

Year built
1905
Floors in Building
3
Number of units
3

Listing agent Clifford Ponte License #9554597

Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

Listing date May 23, 2026

MLS# 73523150 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained triplex offers three units featuring hardwood floors, central air, and private rear decks for outdoor space. The property provides off-street parking and is situated on a 0.0901-acre lot, totaling 3,381 square feet. Tenant-paid utilities include separate heat and electric, supported by separate utility arrangements for each unit.

Set in Boston with R3 zoning, the building is described as positioned near major hospitals, universities, and local amenities. Public transportation access is highlighted, with proximity to both the Green and Orange Lines noted in the remarks. The property is also described as being across from a school, which contributes to an open feel at the street level.

For buyers seeking an income-generating residential property, the layout supports individual tenant comfort with central air and in-unit outdoor space via private rear decks. Off-street parking adds convenience for residents, while separate utilities with tenants paying their own heat and electric helps streamline operating responsibilities. The combination of established unit features and practical utility separation makes the property a straightforward option for an owner looking to acquire a well-cared-for multifamily asset.

Key Highlights

  • Well‑maintained multi‑family built in 1905 (South Mission Hill/Jamaica Plain area)
  • 8 bedrooms and 3 bathrooms across the property
  • Each unit features hardwood floors and central air

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $127.8k $37.80
− Vacancy −$5.8k −$1.70
EGI $122.1k $36.10
− OpEx −$36.6k −$10.83
NOI $85.4k $25.27
3,381 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,436 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$1.13M
$992.8K – $1.32M (±1% cap)
NOI $79,427 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$2.53M
$2.22M – $2.95M (±1% cap)
NOI $177,218 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Accounting Firm Auto Parts Store Real Estate Agency Computer & Electronic Repair Big Box & Wholesale Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained triplex with hardwood floors, central air, private rear decks, off-street parking, and separate utilities.
Where is this triplex located?
The property is located at 12 Schiller St Boston, MA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Well‑maintained multi‑family built in 1905 (South Mission Hill/Jamaica Plain area); 8 bedrooms and 3 bathrooms across the property; Each unit features hardwood floors and central air
Contact an agent
More about this property
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