Updated Triplex with Garden
For Sale
$1,250,000
72 Wellington Hill St, Boston, MA 02126
Updated triplex offers three residential units, including a finished lower-level walkout, with central air, parking, and yard space.
Property Size3,400 SF
Days on Market118
Property Features for 72 Wellington Hill St
General Information
Standard status
Active
Size
3,400 SF
Total Parking Spaces
8
Property subtype
Multifamily
Taxes and HOA fees
Annual Taxes
$9,727
Building Details
Building Size
3,400 SF
Year Built
1919
Listing Agency:
Stony Brook & Lennox Realty Advisors
Listed By:
Markese Daise · License #9574297
(617) 905-4014
Source:
Classifiedrealtygroup
Added: Jun 11
Changed: Sep 24
Last Checked: Oct 5 at 3:50PM
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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
An updated triplex configured as a 2-family with an additional finished third unit in the lower-level full walkout basement. The layout includes a bi-level 5-bedroom, 2-bath unit, a spacious 3-bedroom, 1-bath unit, and a 2-bedroom, 1-bath garden unit.
The property is located in the Wellington Hill area of Mattapan, with proximity to Mattapan’s shops, restaurants, and retail corridors, plus easy access to transit and Downtown Boston.
Recent improvements include a new roof, updated 200AMP electrical, updated plumbing, central air, and on-site yard space with parking. This configuration provides multiple unit options within a single updated income property.
The property is located in the Wellington Hill area of Mattapan, with proximity to Mattapan’s shops, restaurants, and retail corridors, plus easy access to transit and Downtown Boston.
Recent improvements include a new roof, updated 200AMP electrical, updated plumbing, central air, and on-site yard space with parking. This configuration provides multiple unit options within a single updated income property.
Key Highlights
- Updated triplex (built 1919) with three residential units, including a finished lower‑level walkout basement unit
- Unit mix includes 5 beds/2 baths, 3 beds/1 bath, and 2 beds/1 bath garden unit for flexible living or renting
- New roof plus updated plumbing and updated 200‑amp electrical
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,916
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,320
$1.7M
Cap Rate 7%
$1,227,371
$1.2M
Cap Rate 9%
$954,622
$954.6K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$128.5K $37.80/SF
− Vacancy
−$5.8K −$1.70/SF
EGI
$122.7K $36.10/SF
− OpEx
−$36.8K −$10.83/SF
NOI
$85.9K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,320
Cap Rate 7%
$1,227,371
Cap Rate 9%
$954,622
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,916 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$1.14M
$998.4K – $1.33M
NOI $79,873 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,214 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 02126, MA
22,734
Population
9,617
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
12,630
Density / Sq Mi
$67,206
Median Household Income
$42,397
Median Earnings
$1,659
Median Rent
$515,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Updated triplex offers three residential units, including a finished lower-level walkout, with central air, parking, and yard space.
Where is this triplex located?
The property is located at 72 Wellington Hill St Boston, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Updated triplex (built 1919) with three residential units, including a finished lower‑level walkout basement unit; Unit mix includes 5 beds/2 baths, 3 beds/1 bath, and 2 beds/1 bath garden unit for flexible living or renting; New roof plus updated plumbing and updated 200‑amp electrical
