Three-Unit Triple
23 Santuit St Boston, MA 02124
New
MULTI_FAMILY - Boston, MA
Property size:
3,360 SFLot size:
0.08 AcresPrice / SF:
$357/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 2:06 pm
Property Features for 23 Santuit St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
- Standard status
- Active
- APN
- 1306049
- Size
- 3,360 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10834
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 3
Listing agent Scott Morris (508) 238-5000
Listing office Keller Williams Realty 574 Washington Street, South Easton, MA (508) 238-5000
Listing date Jul 9, 2026
MLS# 73547563
Listing URL
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 three-unit triple decker offers three separate apartments, each with five rooms including a living room, kitchen, and bathroom, with room utilization for three bedrooms. The first-floor layout currently needs a wall added to transform into a three-bedroom configuration. Interior features include hardwood flooring throughout, with some vinyl replacement windows, plus separate utilities for each unit. Building systems and updates include gas heating and gas cooking, along as an updated PVC sewer waste line. A finished basement adds practical value with clean, usable space, laundry connections, and room for storage.
The property is located in Boston, MA 02124, with described walking-distance access to Shawmut and Ashmont T-stations, Pope John Paul Academy, Saint Marks Church, Via Cannuccia, a park, restaurants, and other nearby neighborhood amenities.
This offering is being sold as-is, and it should appeal to an owner-occupant looking to live in one unit while renting the others, as well as multifamily investors or developers evaluating a potential condo conversion. For buyers comfortable with targeted improvement work, the configuration flexibility described for the first floor can be a meaningful consideration.
The property is located in Boston, MA 02124, with described walking-distance access to Shawmut and Ashmont T-stations, Pope John Paul Academy, Saint Marks Church, Via Cannuccia, a park, restaurants, and other nearby neighborhood amenities.
This offering is being sold as-is, and it should appeal to an owner-occupant looking to live in one unit while renting the others, as well as multifamily investors or developers evaluating a potential condo conversion. For buyers comfortable with targeted improvement work, the configuration flexibility described for the first floor can be a meaningful consideration.
Key Highlights
- Triple decker built in 1905 with three units, each offering 5 rooms including living room, kitchen, bathroom, and use for 3 bedrooms
- 1st‑floor layout has utilization for 3 bedrooms—just needs a wall to transform into 3‑bedroom configuration
- Hardwood flooring throughout, plus some vinyl replacement windows
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 | $127.0k | $37.80 |
| − Vacancy | −$5.7k | −$1.70 |
| EGI | $121.3k | $36.10 |
| − OpEx | −$36.4k | −$10.83 |
| NOI | $84.9k | $25.27 |
3,360 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.42M
NOI $84,905 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$1.13M
$986.7K – $1.32M
NOI $78,933 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,118 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit property with separate utilities, gas heat, hardwood floors, and a finished basement with laundry connections.
Where is this triplex located?
The property is located at 23 Santuit St Boston, MA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Triple decker built in 1905 with three units, each offering 5 rooms including living room, kitchen, bathroom, and use for 3 bedrooms; 1st‑floor layout has utilization for 3 bedrooms—just needs a wall to transform into 3‑bedroom configuration; Hardwood flooring throughout, plus some vinyl replacement windows
