Two Attached Three-Unit
For Sale
$2,999,999
3-5 Westminster Ter, Boston, MA 02119
Two attached 3-unit buildings offer fully occupied residential income with mixed 3- and 4-bedroom units.
Property Size6,462 SF
Price / SF$464.25
Days on Market51
Property Features for 3-5 Westminster Ter
General Information
Standard status
Active
Size
6,462 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
3 x 4BR, 3 x 3BR
Multifamily Units
6
Building Details
Building Size
6,462 SF
Year Built
1930
Buildings
2
Listing Agency:
RSC Global Realty
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Jun 11
Changed: Jul 30
Last Checked: Jul 30 at 7:37PM
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 RSC Global Realty
Investment Insights
Based on property information with market context.
This multifamily opportunity consists of 2 attached 3-unit buildings. The unit mix includes three 4-bedroom units on one side and three 3-bedroom units on the other side. The property is currently fully occupied, with a mix of TAW and leases and lease expirations on 8/31/26. The buildings were constructed in 1930 and contain approximately 6,462 SF.
Located at 3-5 Westminster Ter in Roxbury, within the City of Boston, the property sits in a neighborhood characterized by ongoing residential and mixed-use development.
Financials are available upon request, and the buyer and buyer’s agent are responsible for their own due diligence.
Located at 3-5 Westminster Ter in Roxbury, within the City of Boston, the property sits in a neighborhood characterized by ongoing residential and mixed-use development.
Financials are available upon request, and the buyer and buyer’s agent are responsible for their own due diligence.
Key Highlights
- 2 attached 3‑unit buildings with a total of 6 units
- Unit mix: three 4‑bedroom units and three 3‑bedroom units
- Currently fully occupied with a mix of TAW and leases
Financial Insights For Apartment 5plus
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 | $286.9k | $44.40 |
| − Vacancy | −$10.9k | −$1.69 |
| EGI | $276.0k | $42.71 |
| − OpEx | −$124.2k | −$19.22 |
| NOI | $151.8k | $23.49 |
6,462 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.17M
$1.90M – $2.53M
NOI $151,806 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.84M
$4.23M – $5.65M
NOI $338,712 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,698
Businesses Nearby
Explore this area
Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two attached 3-unit buildings offer fully occupied residential income with mixed 3- and 4-bedroom units.
Where is this apartment building located?
The property is located at 3-5 Westminster Ter Boston, MA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 2 attached 3‑unit buildings with a total of 6 units; Unit mix: three 4‑bedroom units and three 3‑bedroom units; Currently fully occupied with a mix of TAW and leases
