Adams Village Multifamily
37 Westmoreland St Boston, MA 02124
37 Westmoreland St, Boston, MA, 02124
$1,453,000
Pending
For Sale
$1,453,000
Pending
MULTI_FAMILY - Boston, MA
Property Size3,981 SF
Lot Size0.12 Acres
Days on Market434
Property Features for 37 Westmoreland St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 5
- Standard status
- Pending
- APN
- W:16 P:03471 S:000,1314649
- Size
- 3,981 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13531
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 3
Listing agency
RE/MAX Realty Plus
(617) 268-5100
Listed by
James Fitzgerald
(617) 268-5100
Added: May 16, 2025 Updated: Jul 11 at 3:32AM Checked: Jul 23 at 2:06AM
MLS# 73376602
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 three-family property, located in the Adams Village area, features approximately 4,000 square feet of living space. The building contains three spacious floors with a well-designed layout, high ceilings, built-in hutches, and hardwood floors. Each unit includes generously sized bedrooms, front and back porches, and a three-season porch. A full basement provides storage space or potential for future expansion. The property includes a two-car garage. The location provides walkable access to local establishments and is located minutes from the Ashmont T Station, Pope John Paul Park, and highway access to 93 North and South. This income-producing property is located in one of Dorchester's most desirable neighborhoods and is suitable for both owner-occupants and investors. The lot size is 0.1234 acres. The property is zoned R3.
Key Highlights
- Built in 1905, this Adams Village Dorchester 3‑family home offers nearly 4,000 SF across 3 spacious floors
- Includes 7 bedrooms and 3 bathrooms, with high ceilings, built‑in hutches, and hardwood floors throughout
- Enjoy outdoor space with front and back porches plus a 3‑season porch
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 | $150.5k | $37.80 |
| − Vacancy | −$6.8k | −$1.70 |
| EGI | $143.7k | $36.10 |
| − OpEx | −$43.1k | −$10.83 |
| NOI | $100.6k | $25.27 |
3,981 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,597 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,522 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,668 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family home in desirable Adams Village neighborhood.
Where is this triplex located?
The property is located at 37 Westmoreland St Boston, MA.
What is the asking price?
The asking price for this property is $1,453,000.
What are key features of this property?
This property features: Built in 1905, this Adams Village Dorchester 3‑family home offers nearly 4,000 SF across 3 spacious floors; Includes 7 bedrooms and 3 bathrooms, with high ceilings, built‑in hutches, and hardwood floors throughout; Enjoy outdoor space with front and back porches plus a 3‑season porch
