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    Triplex with Private Rear Decks Title is generated by Realmo AI

    12 Schiller St, Boston, MA 02130

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    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:
    46
    Last Refresh:
    Jul 7 at 1:06 pm

    Property Features for 12 Schiller St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    8
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 8
    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

    We can help!

    Contact an agent
    Clifford Ponte

    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.

    HighLights

    • Multi‑family property built in 1905
    • Bedrooms 1–8 and 3 bathrooms, providing flexible unit layouts
    • Each unit features hardwood floors and central air
    • Units include private rear decks for outdoor space
    • Separate utilities with tenants paying their own heat and electric
    • Off‑street parking and located across from a school, near the Green and Orange Lines

    Overview

    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.

    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 Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.105156
    Latitude
    42.325666

    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: Multi‑family property built in 1905; Bedrooms 1–8 and 3 bathrooms, providing flexible unit layouts; Each unit features hardwood floors and central air
    More about this property
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