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    Three-Unit Home on Meeting House Title is generated by Realmo AI

    29 Mount Ida Road, Boston, MA 02122

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    Claim this Listing
    For Sale
    $1,200,000

    Solid three-family home near Ronan Park and public transportation.

    Type:Multi-family
    Property size:
    3,303 SF
    Price / SF:
    $363/SF
    Added:
    Jan 21, 2026
    Days on Market:
    141
    Last Refresh:
    Apr 21 at 6:24 am

    Property Features for 29 Mount Ida Road

    General Information

    Standard status
    Active
    Size
    3,303 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1905

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    Listing Contact
    Gore Lietzke Group

    Listing agent Gore Lietzke Group

    Listing office William Raveis R.E. & Home Services

    Listing date Jan 21, 2026

    Source Stevebremis

    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

    HighLights

    • Vacant top floor ideal for owner‑occupants, investors, or condo conversion.
    • Each unit features 3 bedrooms, 1 bathroom, and an eat‑in kitchen with pantry.
    • Units 2 & 3 have renovated kitchens and baths.
    • Convenient location: 0.1 miles to Ronan Park and Bowdoin Street shops/restaurants/buses.
    • Separate utilities for each unit.
    • Newer hot water tanks and gas heating systems.

    Overview

    This three-family home is located on Meeting House Hill. Each unit features 3 bedrooms, 1 bathroom, an eat-in kitchen with pantry, hardwood floors, replacement windows, and front and rear porches. Units 2 and 3 have renovated kitchens and baths. The property includes an unfinished basement, newer hot water tanks, and gas heating systems. All utilities are separately metered. The rear porches have been recently redone. The top floor is vacant. The property is located 0.1 miles from water views at Ronan Park, which includes a playground, basketball courts, baseball field, and walking paths, and 0.1 miles to shops, restaurants, and the #15/#17 buses on Bowdoin Street. It is 0.6 miles to the Red Line at Fields Corner and 1.3 miles to Savin Hill Beach, and a bit more to Malibu Beach and Dorchester Yacht Club. The property size is 3303 square feet.

    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 $124.9k $37.80
    − Vacancy −$5.6k −$1.70
    EGI $119.2k $36.10
    − OpEx −$35.8k −$10.83
    NOI $83.5k $25.27
    3,303 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,464 @ 7.0% cap · market cap 6.96%
    Second Best
    Apartment 5plus
    $1.11M
    $969.9K – $1.29M (±1% cap)
    NOI $77,594 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Office A
    $2.47M
    $2.16M – $2.89M (±1% cap)
    NOI $173,130 @ 7.0% cap · market cap 14.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.06528
    Latitude
    42.30615

    FAQs

    What type of property is this?
    Triplex - Solid three-family home near Ronan Park and public transportation.
    Where is this triplex located?
    The property is located at 29 Mount Ida Road Boston, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Vacant top floor ideal for owner‑occupants, investors, or condo conversion.; Each unit features 3 bedrooms, 1 bathroom, and an eat‑in kitchen with pantry.; Units 2 & 3 have renovated kitchens and baths.
    More about this property
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