Back to Search
Brick Multi-Family with Atrium

11 Savin Hill Avenue Boston, MA 02125

11 Savin Hill Avenue, Boston, MA, 02125
$899,000
For Sale
$899,000

Three-unit brick Victorian-style building with distinct layouts, including a two-story atrium for Unit 1.

Property Size2,453 SF
Price / SF$366.49
Days on Market107

Property Features for 11 Savin Hill Avenue

General Information

Standard status
Active
Size
2,453 SF
Property subtype
Multi-family / 3 Family

Building Details

Year Built
1890
Listing agency At Home Real Estate Group, Inc
Listed by James Silva · License #9517322
Source Compass
Added: Apr 7 Updated: Jul 22 at 1:27AM Checked: Jul 22 at 11:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of At Home Real Estate Group, Inc


Investment Insights

Based on property information with market context.

Brick Victorian-style multi-family building offering three unique residential units. Unit 1 features a lofted 2-bedroom, 2.5-bath layout with direct access to a dramatic two-story atrium, and both sleeping areas include full baths. Unit 2 is a floor-through 1-bedroom with great natural light. Unit 3, the penthouse, includes an open floor plan with exposed brick and hardwood floors, plus an additional lofted sleeping area.

The property is located in Savin Hill, just blocks from Savin Hill T, restaurants, shopping, beaches, and parks. The building can be delivered vacant. The property is sold as-is and requires some work.

Key Highlights

  • Brick Victorian‑style 3‑unit multi‑family building with distinct unit layouts
  • Unit 1: lofted 2‑bedroom, 2.5‑bath with direct access to a dramatic two‑story atrium
  • Unit 2: 1‑bedroom floor‑through unit with window AC, plus wood and vinyl flooring

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 $92.7k $37.80
− Vacancy −$4.2k −$1.70
EGI $88.6k $36.10
− OpEx −$26.6k −$10.83
NOI $62.0k $25.27
2,453 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$885.5K
$774.8K – $1.03M (±1% cap)
NOI $61,986 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$823.2K
$720.3K – $960.4K (±1% cap)
NOI $57,626 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,576 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Department Store

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

FAQs

What type of property is this?
Triplex - Three-unit brick Victorian-style building with distinct layouts, including a two-story atrium for Unit 1.
Where is this triplex located?
The property is located at 11 Savin Hill Avenue Boston, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Brick Victorian‑style 3‑unit multi‑family building with distinct unit layouts; Unit 1: lofted 2‑bedroom, 2.5‑bath with direct access to a dramatic two‑story atrium; Unit 2: 1‑bedroom floor‑through unit with window AC, plus wood and vinyl flooring
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message