Ocean & City-View Four-Unit
933 E Broadway Boston, MA 02127
933 E Broadway, Boston, MA, 02127
$2,995,000
Pending
For Sale
$2,995,000
Pending
MULTI_FAMILY - Boston, MA
Property Size5,400 SF
Lot Size0.09 Acres
Days on Market483
Property Features for 933 E Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 8, Bedroom 5, Bedroom 9, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 12, Bedroom 10, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 11, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
- Standard status
- Pending
- APN
- W:06 P:04485 S:000,1410596
- Size
- 5,400 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 25473
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: Mar 27, 2025 Updated: Jul 11 at 3:32AM Checked: Jul 22 at 7:06AM
MLS# 73350904
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Investment Insights
Based on property information with market context.
Located at 933 E Broadway in Boston (02127), this multi-family 3-decker offers ocean and city views. The existing units are configured as 4 bedrooms with 2 bathrooms each, providing substantial layout flexibility for resident use.
The property is zoned R3, and it has been approved for an additional fourth unit. With this upgrade, the asset is set up as a four-unit residential income property.
The offering is listed with a total property size of 5,400 square feet and a lot size of 0.0918 acres.
The property is zoned R3, and it has been approved for an additional fourth unit. With this upgrade, the asset is set up as a four-unit residential income property.
The offering is listed with a total property size of 5,400 square feet and a lot size of 0.0918 acres.
Key Highlights
- Year built 1905 3‑decker multifamily property at 933 E Broadway
- Ocean and city views
- Each unit features 4 bedrooms and 2 bathrooms
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 | $204.1k | $37.80 |
| − Vacancy | −$9.2k | −$1.70 |
| EGI | $194.9k | $36.10 |
| − OpEx | −$58.5k | −$10.83 |
| NOI | $136.5k | $25.27 |
5,400 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.95M
$1.71M – $2.27M
NOI $136,454 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$1.81M
$1.59M – $2.11M
NOI $126,857 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$4.04M
$3.54M – $4.72M
NOI $283,046 @ 7.0% cap · market cap 9.45%
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 - Zoned R3 three-decker with four units approved and 4-bedroom, two-bath layouts.
Where is this triplex located?
The property is located at 933 E Broadway Boston, MA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Year built 1905 3‑decker multifamily property at 933 E Broadway; Ocean and city views; Each unit features 4 bedrooms and 2 bathrooms
