Turnkey 3-Unit Residential
200 Reservation Road Boston, MA 02136
For Sale
$1,239,000
Turnkey three-family with updated kitchens and baths, separate utilities, in-unit laundry, and dedicated basement storage.
Property Size3,546 SF
Price / SF$349.41
Days on Market126
Property Features for 200 Reservation Road
General Information
- Standard status
- Active
- Size
- 3,546 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1927
Listing Agency:
ERA Key Realty Services
(617) 932-7020
Listed By:
Terrence Bell · License #9515637
(617) 932-7020
Source:
Compass
Added: Mar 20
Changed: Jul 23
Last Checked: Jul 23 at 5:08PM
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 ERA Key Realty Services
Investment Insights
Based on property information with market context.
This turnkey three-family property features three spacious bedrooms and one full bath per unit. Each unit includes updated kitchens and baths, separate utilities, in-unit laundry, and dedicated basement storage, supporting straightforward day-to-day operations.
A new rubber roof was installed in 2018. The property also offers off-street parking for two cars, along with some additional green space that may be used as a garden or for an extension to the existing parking.
Tenants are in place, with leases converting to month-to-month after May 31, 2026, providing immediate cash flow with flexibility. The property is located near Stony Brook Reservation and the Neponset River, with nearby outdoor and recreation options, and offers easy access to public transit and I-95.
A new rubber roof was installed in 2018. The property also offers off-street parking for two cars, along with some additional green space that may be used as a garden or for an extension to the existing parking.
Tenants are in place, with leases converting to month-to-month after May 31, 2026, providing immediate cash flow with flexibility. The property is located near Stony Brook Reservation and the Neponset River, with nearby outdoor and recreation options, and offers easy access to public transit and I-95.
Key Highlights
- Turnkey 3‑family built in 1927 in Boston’s Hyde Park neighborhood
- Each unit offers 3 bedrooms and 1 full bath
- Updated kitchens and baths in all units
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 | $134.0k | $37.80 |
| − Vacancy | −$6.0k | −$1.70 |
| EGI | $128.0k | $36.10 |
| − OpEx | −$38.4k | −$10.83 |
| NOI | $89.6k | $25.27 |
3,546 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,605 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,303 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,867 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AMD Concepts
Foster Care Service
FAQs
What type of property is this?
Triplex - Turnkey three-family with updated kitchens and baths, separate utilities, in-unit laundry, and dedicated basement storage.
Where is this triplex located?
The property is located at 200 Reservation Road Boston, MA.
What is the asking price?
The asking price for this property is $1,239,000.
What are key features of this property?
This property features: Turnkey 3‑family built in 1927 in Boston’s Hyde Park neighborhood; Each unit offers 3 bedrooms and 1 full bath; Updated kitchens and baths in all units
