Dorchester Triplex Near Fields
20 Corona St Boston, MA 02124
For Sale
$1,350,000
Pending
MULTI_FAMILY - Boston, MA
Property Size4,272 SF
Lot Size0.09 Acres
Days on Market119
Property Features for 20 Corona St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 12
- Bathrooms
- 3
- Rooms
- Bedroom 8, Bedroom 5, Bedroom 1, Bedroom 9, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 10, Bedroom 2
- Parking
- 2
- Standard status
- Pending
- APN
- W:15 P:00861 S:000,1302065
- Size
- 4,272 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14724
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 3
Listing Agency:
Keller Williams Realty Evolution
(781) 395-5600
Listed By:
Keller Williams Realty Evolution
Added: Mar 31
Changed: Jun 30
Last Checked: Jul 27 at 2:06AM
MLS# 73494101
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property in Boston, Massachusetts, features a massive triple decker with over 4200 square feet. Each of the three units includes 4 bedrooms and 1 bath. The building was renovated in 2019, with upgrades including new kitchens and baths, new electric and plumbing systems, and a new roof and windows. Units feature large rooms and hardwood floors. Common laundry is available in the basement. The property includes a driveway for off-street parking and decks off the rear of each unit. Located in Dorchester, the property is near the Fields Corner T Stop and offers convenient highway access. The property is zoned R3 and sits on a lot of 0.0877 acres.
Key Highlights
- Massive triple‑decker with 3 units, over 4,200 sq ft total (1905 build)
- Each unit features 4 bedrooms and 1 bathroom
- Renovated in 2019 with new kitchens, new baths, new electric, new plumbing, new windows, and roof
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 | $161.5k | $37.80 |
| − Vacancy | −$7.3k | −$1.70 |
| EGI | $154.2k | $36.10 |
| − OpEx | −$46.3k | −$10.83 |
| NOI | $108.0k | $25.27 |
4,272 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.54M
$1.35M – $1.80M
NOI $107,950 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,358 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,921 @ 7.0% cap · market cap 16.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Renovated triple decker with strong rent roll near T stop.
Where is this triplex located?
The property is located at 20 Corona St Boston, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Massive triple‑decker with 3 units, over 4,200 sq ft total (1905 build); Each unit features 4 bedrooms and 1 bathroom; Renovated in 2019 with new kitchens, new baths, new electric, new plumbing, new windows, and roof
