Three-Unit Residential Income
18 Peverell Street Boston, MA 02125
18 Peverell Street, Boston, MA, 02125
$1,575,000
For Sale
$1,575,000
Turnkey three-family featuring updated kitchens, renovated baths, hardwood floors, vinyl windows, and separate gas heating systems.
Property Size3,462 SF
Price / SF$454.94
Days on Market106
Property Features for 18 Peverell Street
General Information
- Standard status
- Active
- Size
- 3,462 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1900
Listing agency
Symphony Properties
(617) 536-1400
Listed by
Daniel Tully · License #9073048
(617) 536-1400
Source
Compass
Added: Apr 8 Updated: Jul 21 at 4:54AM Checked: Jul 22 at 11:06AM
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 Symphony Properties
Investment Insights
Based on property information with market context.
Recently updated three-family with three spacious 3-bedroom units. Each unit offers an updated eat-in kitchen with stainless appliances, quartz countertops, and large pantry closets with laundry hookups, along with vinyl windows, hardwood flooring, and renovated tile bathrooms. The units also feature enormous decks with views of the Boston skyline and harbor islands.
The property is centrally located near the Savin Hill T Red Line stop, with highway access and close proximity to UMass Boston, as well as a variety of restaurants, cafes, and parks.
All three units have separate gas heat and hot water systems. The current projection lists a rent roll of $10,050 per month.
The property is centrally located near the Savin Hill T Red Line stop, with highway access and close proximity to UMass Boston, as well as a variety of restaurants, cafes, and parks.
All three units have separate gas heat and hot water systems. The current projection lists a rent roll of $10,050 per month.
Key Highlights
- Three‑family in Dorchester’s Jones Hill/Savin Hill area, built in 1900
- Each unit offers 3 bedrooms with updated eat‑in kitchens and stainless appliances
- Quartz countertops and upgraded cabinets/counters, plus large pantry closets with laundry hookups
Local 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 | $130.9k | $37.80 |
| − Vacancy | −$5.9k | −$1.70 |
| EGI | $125.0k | $36.10 |
| − OpEx | −$37.5k | −$10.83 |
| NOI | $87.5k | $25.27 |
3,462 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M
NOI $87,482 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,329 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$2.59M
$2.27M – $3.02M
NOI $181,464 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey three-family featuring updated kitchens, renovated baths, hardwood floors, vinyl windows, and separate gas heating systems.
Where is this triplex located?
The property is located at 18 Peverell Street Boston, MA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Three‑family in Dorchester’s Jones Hill/Savin Hill area, built in 1900; Each unit offers 3 bedrooms with updated eat‑in kitchens and stainless appliances; Quartz countertops and upgraded cabinets/counters, plus large pantry closets with laundry hookups
