Fully Leased Three-Unit Apartment
35 Wilcock Street Boston, MA 02124
35 Wilcock Street, Boston, MA, 02124
$1,140,000
For Sale
$1,140,000
Fully leased three-unit building with spacious 3-bed/1-bath apartments and completed lead paint certification.
Property Size3,432 SF
Price / SF$332.17
Days on Market11
Property Features for 35 Wilcock Street
General Information
- Standard status
- Active
- Size
- 3,432 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Boston Realty Advisors
Listed by
Kevin Benzinger
(781) 878-2478
Source
Trufantre
Added: Jul 12 Updated: Jul 22 at 8:01AM Checked: Jul 22 at 8:01AM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
35 Wilcock Street is a fully leased, three-unit apartment building offering spacious 3-bedroom, 1-bath apartments. The property consists entirely of similarly configured units, supporting straightforward management and consistent use across the building. All units have completed lead paint certification, which can help reduce near-term compliance considerations for a new owner.
Located in Dorchester, the building benefits from Red Line and bus access. The area is described as featuring tree-lined streets and an expanding mix of restaurants and shops, providing everyday amenities within the neighborhood.
Located in Dorchester, the building benefits from Red Line and bus access. The area is described as featuring tree-lined streets and an expanding mix of restaurants and shops, providing everyday amenities within the neighborhood.
Key Highlights
- Fully leased three‑unit apartment building
- Built in 1910
- All units are spacious 3‑bedroom/1‑bath apartments
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 | $129.7k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $123.9k | $36.10 |
| − OpEx | −$37.2k | −$10.83 |
| NOI | $86.7k | $25.27 |
3,432 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,724 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,625 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $179,892 @ 7.0% cap · market cap 15.78%
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 - Fully leased three-unit building with spacious 3-bed/1-bath apartments and completed lead paint certification.
Where is this triplex located?
The property is located at 35 Wilcock Street Boston, MA.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Fully leased three‑unit apartment building; Built in 1910; All units are spacious 3‑bedroom/1‑bath apartments
