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Three-Unit Residential Building

28 Juliette St, Boston, MA 02122

For Sale
New
$1,250,000

The vacant property has separate gas and electric utilities, central A/C, and laundry hookups for each unit.

Property Size3,285 SF
Days on Market4

Property Features for 28 Juliette St

General Information

Standard status Active
Size 3,285 SF
Property subtype 3 Family - 3 Units Up/Down

Site & Location

Neighborhood Dorchester
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 3
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Annual Taxes $11,120

Amenities

in-building laundry hookup
Central A/C
private back deck

Building Details

Building Size 3,285 SF
Year Built 1910
Listing Agency: William Raveis R.E. & Home Services
Listed By: Julian Addy · License MA #9552128
Source: Jonathanradford
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 9:41AM

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 William Raveis R.E. & Home Services

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Investment Insights

Based on property information with market context.

Built in 1910, this three-unit residential property contains 3,285 square feet. Each apartment has an open living and dining area, a kitchen with stainless steel appliances, and a private rear deck. Central A/C serves the building, and each unit has a dedicated basement laundry hookup. Gas and electric utilities are separately metered. Lead compliance certificates are in hand for all three units, which are vacant.

The property is at 28 Juliette Street in Dorchester’s Meeting House Hill neighborhood. Ronan Park is nearby, and Fields Corner T station is a short distance away. Local restaurants, cafés, shops, and Boston’s Little Saigon Cultural District are also noted in the surrounding area.

Key Highlights

  • 3,285‑square‑foot, three‑unit property built in 1910
  • All 3 units are vacant; lead compliance certificates are in hand for each
  • Separate gas and electric utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,010
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,200 $1.7M
Cap Rate 7%
$1,185,857 $1.2M
Cap Rate 9%
$922,333 $922.3K
Market Conditions
NOI Build-Up for 3,285 SF
Gross rent
$124.2K $37.80/SF
− Vacancy
−$5.6K −$1.70/SF
EGI
$118.6K $36.10/SF
− OpEx
−$35.6K −$10.83/SF
NOI
$83.0K $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%
$1,660,200
Cap Rate 7%
$1,185,857
Cap Rate 9%
$922,333

Alternative Uses

Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,010 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.10M
$964.6K – $1.29M (±1% cap)
NOI $77,171 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M (±1% cap)
NOI $172,187 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,960
Businesses Nearby

Demographics for 02122, MA

24,385
Population
10,039
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
14,344
Density / Sq Mi
$82,945
Median Household Income
$53,897
Median Earnings
$2,052
Median Rent
$656,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Boston, MA

$444 Jul
$443 Aug
$456 Sep
$478 Oct

Properties on Market for Triplexes in Boston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The vacant property has separate gas and electric utilities, central A/C, and laundry hookups for each unit.
Where is this triplex located?
The property is located at 28 Juliette St Boston, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,285‑square‑foot, three‑unit property built in 1910; All 3 units are vacant; lead compliance certificates are in hand for each; Separate gas and electric utilities
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