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    Adams Village Multifamily Property Title is generated by Realmo AI

    37 Westmoreland St, Boston, MA 02124

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    Claim this Listing
    Pending
    $1,453,000

    MULTI_FAMILY - Boston, MA

    Property size:
    3,981 SF
    Lot size:
    0.12 Acres
    Added:
    May 16, 2025
    Days on Market:
    417
    Last Refresh:
    Jul 6 at 11:06 am

    Property Features for 37 Westmoreland St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
    Parking
    5
    Standard status
    Pending
    APN
    W:16 P:03471 S:000,1314649
    Size
    3,981 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13531

    Building Details

    Year built
    1905
    Floors in Building
    3
    Number of units
    3

    We can help!

    Contact an agent
    James Fitzgerald

    Listing agent James Fitzgerald

    Listing office RE/MAX Realty Plus 738 East Broadway, Boston, MA

    Listing date May 16, 2025

    MLS# 73376602 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three‑family home built in 1905 with nearly 4,000 SF of living space across 3 spacious floors
    • 7 bedrooms and 3 bathrooms, with hardwood floors and high ceilings throughout
    • Front and back porches plus a 3‑season porch for additional outdoor and seasonal living space
    • Built‑in hutches and a well‑designed layout on all levels
    • Full basement offers storage and potential future expansion
    • 2‑car garage plus nearby access to Ashmont T Station and highways to I‑93 N & S

    Overview

    This three-family property, located in the Adams Village area, features approximately 4,000 square feet of living space. The building contains three spacious floors with a well-designed layout, high ceilings, built-in hutches, and hardwood floors. Each unit includes generously sized bedrooms, front and back porches, and a three-season porch. A full basement provides storage space or potential for future expansion. The property includes a two-car garage. The location provides walkable access to local establishments and is located minutes from the Ashmont T Station, Pope John Paul Park, and highway access to 93 North and South. This income-producing property is located in one of Dorchester's most desirable neighborhoods and is suitable for both owner-occupants and investors. The lot size is 0.1234 acres. The property is zoned R3.

    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 $150.5k $37.80
    − Vacancy −$6.8k −$1.70
    EGI $143.7k $36.10
    − OpEx −$43.1k −$10.83
    NOI $100.6k $25.27
    3,981 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,597 @ 7.0% cap · market cap 6.92%
    Second Best
    Apartment 5plus
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,522 @ 7.0% cap · market cap 6.44%
    Theoretical Best
    Office A
    $2.98M
    $2.61M – $3.48M (±1% cap)
    NOI $208,668 @ 7.0% cap · market cap 14.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Hotel & Motel Acupuncture Parking Lot & Garage Skin Care Clinic Tech Support Center Cafe & Coffee Shop Computer & Electronic Repair Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.057595
    Latitude
    42.284907

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family home in desirable Adams Village neighborhood.
    Where is this triplex located?
    The property is located at 37 Westmoreland St Boston, MA.
    What is the asking price?
    The asking price for this property is $1,453,000.
    What are key features of this property?
    This property features: Three‑family home built in 1905 with nearly 4,000 SF of living space across 3 spacious floors; 7 bedrooms and 3 bathrooms, with hardwood floors and high ceilings throughout; Front and back porches plus a 3‑season porch for additional outdoor and seasonal living space
    (617) 268-5100
    We can help!
    Contact an agent
    James Fitzgerald
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