Recently Renovated Three-Family
12 York Street Boston, MA 02121
For Sale
$1,395,000
Three-unit triplex with central air, hardwood floors, and in-unit washers and dryers across eight bedrooms and five bathrooms.
Property Size4,399 SF
Price / SF$317.12
Days on Market145
Property Features for 12 York Street
General Information
- Standard status
- Active
- Size
- 4,399 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1880
Listing Agency:
Coldwell Banker Realty - Canton
Listed By:
Troy Johnson
(617) 262-6200
Source:
Cabotandcompany
Added: Mar 1
Changed: Jul 23
Last Checked: Jul 23 at 3:16PM
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 Coldwell Banker Realty - Canton
Investment Insights
Based on property information with market context.
Recently renovated three-family triplex at 12 York Street in Dorchester, offering a total of eight bedrooms and five bathrooms across three spacious units. Units feature central air, hardwood floors, and in-unit washer and dryer. Units 1 and 2 each include en-suite bathrooms, providing added privacy for residents.
The property is positioned in the heart of Dorchester with convenient proximity to public transportation, shopping, restaurants, and major commuter routes. Currently, it is generating approximately $112,000 in annual rental income, with the seller citing an approximate 8% cap rate.
The building is presented as turnkey. There is also an opportunity to evaluate adding an ADU in the basement for additional living space or rental income, subject to city approval and buyer verification.
The property is positioned in the heart of Dorchester with convenient proximity to public transportation, shopping, restaurants, and major commuter routes. Currently, it is generating approximately $112,000 in annual rental income, with the seller citing an approximate 8% cap rate.
The building is presented as turnkey. There is also an opportunity to evaluate adding an ADU in the basement for additional living space or rental income, subject to city approval and buyer verification.
Key Highlights
- Recently renovated 3‑family triplex in Dorchester built in 1880, offering 8 bedrooms and 5 bathrooms across three units
- Each unit includes central air, hardwood floors, and an in‑unit washer and dryer
- Unit 1 and Unit 2 have en‑suite bathrooms
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 | $166.3k | $37.80 |
| − Vacancy | −$7.5k | −$1.70 |
| EGI | $158.8k | $36.10 |
| − OpEx | −$47.6k | −$10.83 |
| NOI | $111.2k | $25.27 |
4,399 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,160 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,341 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,578 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit triplex with central air, hardwood floors, and in-unit washers and dryers across eight bedrooms and five bathrooms.
Where is this triplex located?
The property is located at 12 York Street Boston, MA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Recently renovated 3‑family triplex in Dorchester built in 1880, offering 8 bedrooms and 5 bathrooms across three units; Each unit includes central air, hardwood floors, and an in‑unit washer and dryer; Unit 1 and Unit 2 have en‑suite bathrooms