Three-Unit Multifamily
428-430 Hyde Park Avenue Boston, MA 02131
428-430 Hyde Park Avenue, Boston, MA, 02131
$1,199,000
For Sale
$1,199,000
Well-maintained three-unit building with hardwood floors, spacious living areas, and recent cosmetic improvements.
Property Size4,261 SF
Price / SF$281.39
Days on Market54
Property Features for 428-430 Hyde Park Avenue
General Information
- Standard status
- Active
- Size
- 4,261 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Boston Realty Advisors
Listed by
Kevin Benzinger
(617) 236-0711
Source
Campionre
Added: May 30 Updated: Jul 21 at 11:56AM Checked: Jul 22 at 6:48AM
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.
Well-maintained three-unit multifamily property featuring two 4-bedroom/1-bath units and one 3-bedroom/1-bath unit. The units include hardwood floors and spacious living areas with light and air, with recent cosmetic improvements already completed.
Located in Boston’s Roslindale neighborhood, the property offers access to local amenities and immediate access to transit.
The layout supports continued value through additional cosmetic upgrades and operational efficiencies, based on the improvements opportunity noted in the available materials.
Located in Boston’s Roslindale neighborhood, the property offers access to local amenities and immediate access to transit.
The layout supports continued value through additional cosmetic upgrades and operational efficiencies, based on the improvements opportunity noted in the available materials.
Key Highlights
- Three‑unit multifamily property built in 1910
- Unit mix: two 4‑bedroom/1‑bath units plus one 3‑bedroom/1‑bath unit
- Hardwood floors throughout the units
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 | $161.1k | $37.80 |
| − Vacancy | −$7.2k | −$1.70 |
| EGI | $153.8k | $36.10 |
| − OpEx | −$46.1k | −$10.83 |
| NOI | $107.7k | $25.27 |
4,261 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.54M
$1.35M – $1.79M
NOI $107,672 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,100 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $223,345 @ 7.0% cap · market cap 18.63%
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 - Well-maintained three-unit building with hardwood floors, spacious living areas, and recent cosmetic improvements.
Where is this triplex located?
The property is located at 428-430 Hyde Park Avenue Boston, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1910; Unit mix: two 4‑bedroom/1‑bath units plus one 3‑bedroom/1‑bath unit; Hardwood floors throughout the units
