Turn-Key Three-Family Triple
15 Vesta Road Boston, MA 02124
For Sale
$1,250,000
Well-maintained three-family with three 3-bedroom units, stainless steel appliances, and in-unit washer/dryer connections.
Property Size4,122 SF
Price / SF$303.25
Days on Market21
Property Features for 15 Vesta Road
General Information
- Standard status
- Active
- Size
- 4,122 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing Agency:
Keller Williams Realty Boston-Metro | Back Bay
Listed By:
Lindsey & Associates Realty Team
(617) 420-9033
Source:
Sredboston
Added: Jul 3
Changed: Jul 21
Last Checked: Jul 22 at 7:18AM
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 Boston-Metro | Back Bay
Investment Insights
Based on property information with market context.
Turn-key triple decker offering three separate 3-bedroom units in a well-maintained three-family structure. Each unit includes stainless steel appliances and washer/dryer connections for in-unit laundry. Residents also have access to both front and rear porches.
Two of the three units are currently vacant: Unit 1 and Unit 3 each offer 3 bedrooms and 1 bathroom, while Unit 2 is tenant-at-will and offers 3 bedrooms and 1.5 bathrooms.
With Units 1 and 3 vacant, the property provides flexibility for an owner-occupant or an investor looking for immediate rental potential. The building is described as conveniently located near public transportation, neighborhood shops, parks, restaurants, and area amenities.
Two of the three units are currently vacant: Unit 1 and Unit 3 each offer 3 bedrooms and 1 bathroom, while Unit 2 is tenant-at-will and offers 3 bedrooms and 1.5 bathrooms.
With Units 1 and 3 vacant, the property provides flexibility for an owner-occupant or an investor looking for immediate rental potential. The building is described as conveniently located near public transportation, neighborhood shops, parks, restaurants, and area amenities.
Key Highlights
- Well‑maintained three‑family built in 1905 at 15 Vesta Road in Boston’s Dorchester neighborhood
- Three 3‑bedroom units total: Unit 1 vacant (3BR/1BA), Unit 2 tenant‑at‑will (3BR/1.5BA), Unit 3 vacant (3BR/1BA)
- Each unit includes stainless steel appliances
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 | $155.8k | $37.80 |
| − Vacancy | −$7.0k | −$1.70 |
| EGI | $148.8k | $36.10 |
| − OpEx | −$44.6k | −$10.83 |
| NOI | $104.2k | $25.27 |
4,122 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.74M
NOI $104,160 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,834 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,059 @ 7.0% cap · market cap 17.28%
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 - Well-maintained three-family with three 3-bedroom units, stainless steel appliances, and in-unit washer/dryer connections.
Where is this triplex located?
The property is located at 15 Vesta Road 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: Well‑maintained three‑family built in 1905 at 15 Vesta Road in Boston’s Dorchester neighborhood; Three 3‑bedroom units total: Unit 1 vacant (3BR/1BA), Unit 2 tenant‑at‑will (3BR/1.5BA), Unit 3 vacant (3BR/1BA); Each unit includes stainless steel appliances
