New Construction Multifamily in
80 Baxter Street Boston, MA 02127
80 Baxter Street, Boston, MA, 02127
$2,025,000
Pending
For Sale
$2,025,000
Pending
MULTI_FAMILY - Boston, MA
Property Size2,755 SF
Lot Size0.03 Acres
Days on Market441
Property Features for 80 Baxter Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 2
- Standard status
- Pending
- APN
- 1409888
- Size
- 2,755 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
Building Details
- Year built
- 2025
- 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 8, 2025 Updated: Jul 11 at 3:31AM Checked: Jul 22 at 12:06AM
MLS# 73372120
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 is a newly constructed three-unit multifamily property located in South Boston, Massachusetts. Each unit features high-end finishes, modern floor plans, and sleek design. The property is located near the Dot Ave Corridor, where up zoning is underway. The location provides access to Downtown and the shops on West Broadway via the Red Line. The property size is 2755 square feet and the lot size is 0.0291 acres.
Key Highlights
- Three‑unit multifamily property under construction, with Year Built listed as 2025
- Ground‑up, just‑built multifamily with modern, high‑end condo‑quality finishes throughout
- High‑efficiency systems already in place
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 | $104.1k | $37.80 |
| − Vacancy | −$4.7k | −$1.70 |
| EGI | $99.5k | $36.10 |
| − OpEx | −$29.8k | −$10.83 |
| NOI | $69.6k | $25.27 |
2,755 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$994.5K
$870.2K – $1.16M
NOI $69,617 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$924.6K
$809.0K – $1.08M
NOI $64,721 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,406 @ 7.0% cap · market cap 7.13%
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 - Newly built three-unit multifamily property in South Boston.
Where is this triplex located?
The property is located at 80 Baxter Street Boston, MA.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: Three‑unit multifamily property under construction, with Year Built listed as 2025; Ground‑up, just‑built multifamily with modern, high‑end condo‑quality finishes throughout; High‑efficiency systems already in place
