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Three-Family Home with Expansion Potential
For Sale
$924,900
Pending

12 Spencer Street, Boston, MA 02124

Three-family home with over 3,600 sq ft of living space.

Property Size3,672 SF
Days on Market351

Property Features for 12 Spencer Street

General Information

Standard status Pending
Size 3,672 SF
Property subtype Multi-family / 3 Family
Zoning R3

Taxes and HOA fees

Annual Taxes $9,709

Amenities

No, Yes, .00
No
Varies, Hardwood, Tile
3.0
Full, Interior Access, Concrete Floor, Unfinished Basement
Pantry, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
3
3.00
Fenced/Enclosed
Frame
Shingle
Porch, Deck - Wood

Building Details

Year Built 1915
Listing Agency: Keller Williams Realty
Listed By: Robert Chestnut · License #9059718
Source: Compass
Added: Oct 21, 2025 Changed: Oct 2 Last Checked: Oct 5 at 9:26PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This three-family home offers over 3,600 sq ft of living space. Located on a quiet street, this property contains three large 2-bedroom units, each of which can be reconfigured into a 3-bedroom unit. Each unit features two exterior decks. The property includes three gas FHA heating systems, updated CB panels, and gas hot water tanks. A walk-up 4th-floor attic provides additional potential for expansion, storage, or creative use. This property is mid-remodel, making it an ideal blank canvas to complete the finishing touches. This property is suited for generating rental income, condo conversion, or multi-generational living.

Key Highlights

  • Large 3‑family home with over 3,600 sq ft of living space, ideal for investors or multi‑generational living.
  • Each of the three 2‑bedroom units can be easily reconfigured into a 3‑bedroom unit.
  • Each unit features two exterior decks.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,523
Businesses Nearby

Demographics for 02124, MA

50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family home with over 3,600 sq ft of living space.
Where is this triplex located?
The property is located at 12 Spencer Street Boston, MA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Large 3‑family home with over 3,600 sq ft of living space, ideal for investors or multi‑generational living.; Each of the three 2‑bedroom units can be easily reconfigured into a 3‑bedroom unit.; Each unit features two exterior decks.
More about this property
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