Oversized Triple Decker
32 Callender Street Boston, MA 02124
32 Callender Street, Boston, MA, 02124
$1,199,999
For Sale
$1,199,999
Three-unit triple decker with a vacant third floor and yard, featuring ductwork and forced-hot-air systems in units.
Property Size3,729 SF
Price / SF$321.80
Days on Market73
Property Features for 32 Callender Street
General Information
- Standard status
- Active
- Size
- 3,729 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1905
Listing agency
eXp Realty
(888) 854-7493
Listed by
Benny Troncoso · License #9589487
(888) 854-7493
Source
Compass
Added: May 11 Updated: Jul 20 at 10:36PM Checked: Jul 21 at 8:38AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This oversized triple decker presents a classic three-unit configuration with flexible living layouts. The first and second floor units are leased through February 2027, while the third floor is currently vacant and described as move-in ready. The property also includes a good-sized yard.
Located at 32 Callender Street in Boston, the home is positioned as a residential income opportunity for both investors and owner-occupants.
The units include ductwork with forced hot-air systems. The seller notes this can be a helpful foundation for future renovations, including the potential to add central air. The sale is subject to the seller successfully completing a 1031 exchange.
Located at 32 Callender Street in Boston, the home is positioned as a residential income opportunity for both investors and owner-occupants.
The units include ductwork with forced hot-air systems. The seller notes this can be a helpful foundation for future renovations, including the potential to add central air. The sale is subject to the seller successfully completing a 1031 exchange.
Key Highlights
- Three‑unit triple decker with covered porch and covered patio/deck plus a good‑sized yard
- 3 total bathrooms and a full basement
- Roof material: rubber; lot is cleared and level
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 | $141.0k | $37.80 |
| − Vacancy | −$6.3k | −$1.70 |
| EGI | $134.6k | $36.10 |
| − OpEx | −$40.4k | −$10.83 |
| NOI | $94.2k | $25.27 |
3,729 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,229 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$1.25M
$1.10M – $1.46M
NOI $87,602 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,459 @ 7.0% cap · market cap 16.29%
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 - Three-unit triple decker with a vacant third floor and yard, featuring ductwork and forced-hot-air systems in units.
Where is this triplex located?
The property is located at 32 Callender Street Boston, MA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Three‑unit triple decker with covered porch and covered patio/deck plus a good‑sized yard; 3 total bathrooms and a full basement; Roof material: rubber; lot is cleared and level
