East Boston Four-Family
275 Webster Street Boston, MA 02128
275 Webster Street, Boston, MA, 02128
$3,195,000
For Sale
$3,195,000
Fully leased, rebuilt four-family property in Jeffries Point.
Property Size4,404 SF
Price / SF$725.48
Days on Market88
Property Features for 275 Webster Street
General Information
- Standard status
- Active
- Size
- 4,404 SF
- Property subtype
- Multi-family / 4 Family - 4 Units Up/Down
Building Details
- Year Built
- 1900
Listing Agency
Aura Realty Advisors
(617) 590-0448
Listed by
Mike Preston · License #9529403
(617) 590-0448
Source
Compass
Added: Apr 21 Checked: Jul 17 at 6:19 am
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 Aura Realty Advisors
Investment Insights
Based on property information with market context.
Located in Jeffries Point, East Boston, 275 Webster Street is a fully leased four-family property. The building has been rebuilt from the studs and includes 4 new HVAC systems, full insulation, all-new windows, doors, and sliders, upgraded 200AMP electrical, a full sprinkler system, Hardie Plank siding, new hardwood floors, a rear granite patio, and reconstructed front steps. Each unit features contemporary finishes and in-unit laundry. The property is located near Piers Park, the Harborwalk, and Maverick MBTA Station. This property may be suitable for 1031 exchange buyers.
Key Highlights
- Fully leased four‑family building in highly desirable Jeffries Point, East Boston.
- Meticulously rebuilt from the studs with extensive capital improvements (new HVAC, insulation, windows, electrical, sprinkler system, siding, floors, patio).
- Steps from Piers Park, the Harborwalk, and Maverick MBTA Station.
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 | $166.5k | $37.80 |
| − Vacancy | −$7.5k | −$1.70 |
| EGI | $159.0k | $36.10 |
| − OpEx | −$47.7k | −$10.83 |
| NOI | $111.3k | $25.27 |
4,404 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,286 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,459 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $230,840 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully leased, rebuilt four-family property in Jeffries Point.
Where is this quadplex located?
The property is located at 275 Webster Street Boston, MA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: Fully leased four‑family building in highly desirable Jeffries Point, East Boston.; Meticulously rebuilt from the studs with extensive capital improvements (new HVAC, insulation, windows, electrical, sprinkler system, siding, floors, patio).; Steps from Piers Park, the Harborwalk, and Maverick MBTA Station.
