Turn-Key 3-Unit Residential
21 Hosmer Street Boston, MA 02126
21 Hosmer Street, Boston, MA, 02126
$1,350,000
For Sale
$1,350,000
Oversized 3-family with three 3-bed/1-bath apartments, decks, central air, and updated electrical and finishes.
Property Size4,056 SF
Price / SF$332.84
Days on Market73
Property Features for 21 Hosmer Street
General Information
- Standard status
- Active
- Size
- 4,056 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Stony Brook & Lennox Realty Advisors
Listed by
Markese Daise
(617) 396-3100
Source
Longwoodresidential
Added: May 10 Updated: Jul 21 at 2:41AM Checked: Jul 21 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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
This fully turn-key oversized 3-family offers three expansive 3-bedroom, 1-bath units. Each apartment features interior updates including hardwood floors, modern kitchens and bathrooms, and central air. The exterior and key building components have been improved with new siding, a newer rubber roof, and decks throughout.
Located near public transit and retail in Boston, the property is set up for immediate occupancy with a strong in-place rent roll.
The three units provide flexible layouts, and the building is presented as a plug-and-play income option or for an owner-occupant seeking on-site rental income. The neighboring property at 19 Hosmer St is also available.
Located near public transit and retail in Boston, the property is set up for immediate occupancy with a strong in-place rent roll.
The three units provide flexible layouts, and the building is presented as a plug-and-play income option or for an owner-occupant seeking on-site rental income. The neighboring property at 19 Hosmer St is also available.
Key Highlights
- Oversized Mattapan 3‑family built in 1900 with three 3‑bed/1‑bath units
- Three large apartments with layouts that can easily function as 4‑bedroom apartments
- Central air plus updated electrical
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 | $153.3k | $37.80 |
| − Vacancy | −$6.9k | −$1.70 |
| EGI | $146.4k | $36.10 |
| − OpEx | −$43.9k | −$10.83 |
| NOI | $102.5k | $25.27 |
4,056 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.71M
NOI $102,492 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,284 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M
NOI $212,599 @ 7.0% cap · market cap 15.75%
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 - Oversized 3-family with three 3-bed/1-bath apartments, decks, central air, and updated electrical and finishes.
Where is this triplex located?
The property is located at 21 Hosmer Street 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: Oversized Mattapan 3‑family built in 1900 with three 3‑bed/1‑bath units; Three large apartments with layouts that can easily function as 4‑bedroom apartments; Central air plus updated electrical
