Three-Family Residential
36 Wenham St Boston, MA 02130
36 Wenham St, Boston, MA, 02130
$1,380,000
For Sale
$1,380,000
Three-family decker offered as-is, featuring nine bedrooms and three full baths in Jamaica Plain.
Property Size4,314 SF
Lot Size0.13 Acres
Price / SF$319.89
Days on Market85
Property Features for 36 Wenham St
General Information
- Standard status
- Active
- Size
- 4,314 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1935
Listing agency
Coldwell Banker Realty - Boston
(617) 266-4430
Listed by
Ismail Guessous
Source
Reishomesearch
Added: Apr 29 Updated: Jul 21 at 1:56AM Checked: Jul 21 at 1:56AM
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 Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
This is a three-family residential property being sold as-is. The classic decker configuration provides approximately 4,314 square feet of living space across nine bedrooms and three full baths. The building sits on a 5,806 square foot lot.
The property is located in Jamaica Plain. The seller notes it is priced to reflect the work needed, offering contractors, developers, and investors a value-add opportunity.
The as-is condition supports multiple potential paths, including redeveloping, converting to condos, repositioning as market-rate rentals, or holding long-term.
The property is located in Jamaica Plain. The seller notes it is priced to reflect the work needed, offering contractors, developers, and investors a value-add opportunity.
The as-is condition supports multiple potential paths, including redeveloping, converting to condos, repositioning as market-rate rentals, or holding long-term.
Key Highlights
- Three‑family decker offered as‑is in Jamaica Plain.
- Over 4,300 sq ft with 9 bedrooms and 3 full baths across the three units.
- 5,806 sq ft lot in Jamaica Plain.
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 | $163.1k | $37.80 |
| − Vacancy | −$7.3k | −$1.70 |
| EGI | $155.7k | $36.10 |
| − OpEx | −$46.7k | −$10.83 |
| NOI | $109.0k | $25.27 |
4,314 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.56M
$1.36M – $1.82M
NOI $109,012 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,345 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,123 @ 7.0% cap · market cap 16.39%
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-family decker offered as-is, featuring nine bedrooms and three full baths in Jamaica Plain.
Where is this triplex located?
The property is located at 36 Wenham St Boston, MA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Three‑family decker offered as‑is in Jamaica Plain.; Over 4,300 sq ft with 9 bedrooms and 3 full baths across the three units.; 5,806 sq ft lot in Jamaica Plain.
