Renovated 3-Unit
For Sale
$1,999,000
211 W 9th St, Boston, MA 02127
Three apartments combine updated finishes with private laundry and central air conditioning.
Property Size2,510 SF
Price / SF$796.41
Days on Market243
Property Features for 211 W 9th St
General Information
Standard status
Active
Size
2,510 SF
Property subtype
Multi-Family
Zoning
R3
Units
Unit Mix
1 x 4BR/2BA (bi-level), 2 x 2BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$17,929
Amenities
quartz countertops
stainless steel appliances
central A/C
in-unit laundry
shared backyard
false
Wood, Tile
Fenced
No
Rubber
Harbor,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Building Details
Year Built
1886
Year Renovated
2021
Stories
5
Listing Agency:
Compass
Listed By:
Carlisle Group
(617) 206-3333
Source:
Arborviewrealtyinc
Added: Feb 16
Changed: Aug 29
Last Checked: Apr 22 at 10:48AM
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 Compass
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Investment Insights
Based on property information with market context.
Completed in 2021, this 2,510-square-foot triplex contains three separate apartments within a building originally constructed in 1886. The first-floor residence is a bi-level layout with 4 bedrooms and 2 bathrooms, while the upper levels each provide a 2-bedroom, 1-bath apartment. Interiors include quartz countertops, stainless steel appliances, central A/C, and in-unit laundry across the residences. A shared backyard provides outdoor space for the property.
The property is located at 211 W 9th Street in Boston’s 02127 ZIP code, near Washington Village and the commercial offerings along Old Colony Ave. West Broadway, the Broadway T station, and the Seaport are also identified as nearby destinations, placing transit, retail, dining, and employment centers within the surrounding area.
The property is located at 211 W 9th Street in Boston’s 02127 ZIP code, near Washington Village and the commercial offerings along Old Colony Ave. West Broadway, the Broadway T station, and the Seaport are also identified as nearby destinations, placing transit, retail, dining, and employment centers within the surrounding area.
Key Highlights
- Three‑unit configuration with one 4‑bedroom, 2‑bath bi‑level apartment and two 2‑bedroom, 1‑bath apartments
- 2,510 square feet in a building constructed in 1886
- Renovated in 2021 with quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,426
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,520
$1.3M
Cap Rate 7%
$906,086
$906.1K
Cap Rate 9%
$704,733
$704.7K
Market Conditions
NOI Build-Up for 2,510 SF
Gross rent
$94.9K $37.80/SF
− Vacancy
−$4.3K −$1.70/SF
EGI
$90.6K $36.10/SF
− OpEx
−$27.2K −$10.83/SF
NOI
$63.4K $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%
$1,268,520
Cap Rate 7%
$906,086
Cap Rate 9%
$704,733
Alternative Uses
Best Use
Multifamily LT 5
$906.1K
$792.8K – $1.06M
NOI $63,426 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$842.4K
$737.1K – $982.8K
NOI $58,965 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,564 @ 7.0% cap · market cap 6.58%
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
1,788
Businesses Nearby
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Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
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 apartments combine updated finishes with private laundry and central air conditioning.
Where is this triplex located?
The property is located at 211 W 9th St Boston, MA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Three‑unit configuration with one 4‑bedroom, 2‑bath bi‑level apartment and two 2‑bedroom, 1‑bath apartments; 2,510 square feet in a building constructed in 1886; Renovated in 2021 with quartz countertops and stainless steel appliances
