Brick Triplex Row
For Sale
$1,150,000
1907 Columbus, Boston, MA 02119
Three residential units are paired with a full walk-out basement in this Boston multifamily property.
Property Size2,574 SF
Price / SF$446.78
Days on Market13
Property Features for 1907 Columbus
General Information
Standard status
Active
Size
2,574 SF
Property subtype
Multi-family
Additional Details
Public Transit
Yes
Multifamily Units
3
Building Details
Year Built
1898
Buildings
1
Construction
brick
Listing Agency:
Block Realty
Listed By:
Niko Stafford · License #9555394
(774) 808-1091
Source:
Trufantre
Added: Oct 5
Changed: Oct 16
Last Checked: Oct 16 at 9:17AM
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 Block Realty
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Investment Insights
Based on property information with market context.
At 1907 Columbus Ave in Boston, this brick row house contains three residential units and a full walk-out basement. The 2,574-square-foot property was built in 1898.
Jackson Square Station and the Orange Line are nearby. The property also has access to shopping, dining, parks, Northeastern University, the Longwood Medical Area, and Downtown Boston.
Jackson Square Station and the Orange Line are nearby. The property also has access to shopping, dining, parks, Northeastern University, the Longwood Medical Area, and Downtown Boston.
Key Highlights
- Three residential units
- 2,574 square feet; built in 1898
- Full walk‑out basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,043
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,860
$1.3M
Cap Rate 7%
$929,186
$929.2K
Cap Rate 9%
$722,700
$722.7K
Market Conditions
NOI Build-Up for 2,574 SF
Gross rent
$97.3K $37.80/SF
− Vacancy
−$4.4K −$1.70/SF
EGI
$92.9K $36.10/SF
− OpEx
−$27.9K −$10.83/SF
NOI
$65.0K $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%
$1,300,860
Cap Rate 7%
$929,186
Cap Rate 9%
$722,700
Alternative Uses
Best Use
Multifamily LT 5
$929.2K
$813.0K – $1.08M
NOI $65,043 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$863.8K
$755.9K – $1.01M
NOI $60,469 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,919 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,698
Businesses Nearby
Explore this area
Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are paired with a full walk-out basement in this Boston multifamily property.
Where is this triplex located?
The property is located at 1907 Columbus Boston, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three residential units; 2,574 square feet; built in 1898; Full walk‑out basement
