Renovated Triplex with In-Unit
For Sale
$2,550,000
152 Washington Street, Boston, MA 02135
Three residences offer central heating and air conditioning, washer and dryer hookups, and off-street parking.
Property Size4,360 SF
Price / SF$584.86
Days on Market13
Property Features for 152 Washington Street
General Information
Standard status
Active
Size
4,360 SF
Total Parking Spaces
6
Property subtype
Multi-family
Additional Details
Public Transit
Yes
Sprinkler System
Yes
Multifamily Units
3
Amenities
central A/C
central heating
in-unit washer/dryer hookups
Building Details
Year Built
1908
Listing Agency:
Giant Realty
Listed By:
Sanford Lui · License #9526587
(617) 818-4002
Source:
Rosenrealty
Added: Oct 3
Changed: Oct 15
Last Checked: Oct 15 at 12:01AM
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 Giant Realty
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Investment Insights
Based on property information with market context.
This renovated triplex contains three units with a combined 9 bedrooms and 7 full bathrooms. Each residence has central air conditioning, central heating, and in-unit washer and dryer hookups. The property also has a sprinkler system and updated building systems. Built in 1908, the building contains 4,360 square feet and includes 6 off-street parking spaces.
The property is near Boston College, Boston University, Whole Foods, Star Market, Stop & Shop, restaurants, and shopping. The MBTA Green Line is within walking distance, with major transportation routes also nearby.
The property is near Boston College, Boston University, Whole Foods, Star Market, Stop & Shop, restaurants, and shopping. The MBTA Green Line is within walking distance, with major transportation routes also nearby.
Key Highlights
- Three units with a combined 9 bedrooms and 7 full bathrooms
- Renovated building with 4,360 square feet; built in 1908
- Six off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,174
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,480
$2.2M
Cap Rate 7%
$1,573,914
$1.6M
Cap Rate 9%
$1,224,156
$1.2M
Market Conditions
NOI Build-Up for 4,360 SF
Gross rent
$164.8K $37.80/SF
− Vacancy
−$7.4K −$1.70/SF
EGI
$157.4K $36.10/SF
− OpEx
−$47.2K −$10.83/SF
NOI
$110.2K $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%
$2,203,480
Cap Rate 7%
$1,573,914
Cap Rate 9%
$1,224,156
Alternative Uses
Best Use
Multifamily LT 5
$1.57M
$1.38M – $1.84M
NOI $110,174 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.71M
NOI $102,425 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M
NOI $228,534 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer central heating and air conditioning, washer and dryer hookups, and off-street parking.
Where is this triplex located?
The property is located at 152 Washington Street Boston, MA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Three units with a combined 9 bedrooms and 7 full bathrooms; Renovated building with 4,360 square feet; built in 1908; Six off‑street parking spaces
