Turnkey Three-Family
3150 Washington St Boston, MA 02130
3150 Washington St, Boston, MA, 02130
$1,325,000
For Sale
$1,325,000
Brick three-family with two 3-bedroom units and one 2-bedroom unit, each with 1.5 baths.
Property Size3,436 SF
Price / SF$385.62
Days on Market155
Property Features for 3150 Washington St
General Information
- Standard status
- Active
- Size
- 3,436 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1910
Listing agency
Longwood Residential, LLC
(857) 249-5131
Listed by
Derek Young
Source
Arborviewrealtyinc
Added: Feb 17 Updated: Jul 20 at 5:45PM Checked: Jul 20 at 5:45PM
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 Longwood Residential, LLC
Investment Insights
Based on property information with market context.
This turnkey brick three-family offers a strong unit mix: two expansive 3-bedroom units and one spacious 2-bedroom unit. Each unit is described as having 1.5 baths, LVP flooring, and stainless steel appliances, with oversized floor plans throughout. A basement provides common-area washer and dryer hookups, along with generous private storage areas for tenant convenience.
The property is located in Jamaica Plain and described as being near downtown Boston, major universities, shops, restaurants, parks, and public transportation, supporting ongoing rental demand.
One 3-bedroom unit is currently vacant, creating an immediate opportunity for occupancy. The asset is presented as well-maintained and built for durable, sustained performance.
The property is located in Jamaica Plain and described as being near downtown Boston, major universities, shops, restaurants, parks, and public transportation, supporting ongoing rental demand.
One 3-bedroom unit is currently vacant, creating an immediate opportunity for occupancy. The asset is presented as well-maintained and built for durable, sustained performance.
Key Highlights
- Brick three‑family built in 1910 with two 3‑bedroom units and one 2‑bedroom unit
- Each unit includes 1.5 baths and a living room/dining room combo layout
- Kitchen updates include upgraded cabinets and upgraded countertops; appliances include range, dishwasher, microwave, refrigerator, and disposal
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 | $129.9k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $124.0k | $36.10 |
| − OpEx | −$37.2k | −$10.83 |
| NOI | $86.8k | $25.27 |
3,436 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,825 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,719 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,101 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Brick three-family with two 3-bedroom units and one 2-bedroom unit, each with 1.5 baths.
Where is this triplex located?
The property is located at 3150 Washington St Boston, MA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Brick three‑family built in 1910 with two 3‑bedroom units and one 2‑bedroom unit; Each unit includes 1.5 baths and a living room/dining room combo layout; Kitchen updates include upgraded cabinets and upgraded countertops; appliances include range, dishwasher, microwave, refrigerator, and disposal
