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Three-Unit Apartment Building
New
For Sale
$1,089,000

428 Hyde Park Avenue, Boston, MA 02131

Fully occupied property with staggered leases and recent cosmetic improvements.

Property Size6,544 SF
Lot Size0.10 Acres
Price / SF$166.41
Days on Market3

Property Features for 428 Hyde Park Avenue

General Information

Standard status Active
Size 6,544 SF
Lot size 0.10 Acres
Property subtype Multifamily
Occupancy 100%

Financials

Gross Income $125,280
Average Monthly Rent $3,480

Units

Unit Mix 2 x 4BR/1BA, 1 x 3BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Building Details

Year Built 1910
Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: Boston Realty Advisors
Listed By: Kevin Benzinger · License #9526383
Source: Bradvisors
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 21 at 3:49AM

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.

This three-story apartment property contains three residential units totaling 6,544 gross square feet on a 4,356 SF lot. The unit mix includes two four-bedroom, one-bath residences and one three-bedroom, one-bath residence. Hardwood flooring, generous living areas, and recent cosmetic updates are present throughout the building, which was built in 1910.

All three apartments are occupied, with lease terms staggered through mid-2027. The property is located in Boston’s Roslindale neighborhood, approximately a 12-minute walk from the Roslindale Village Commuter Rail station on the Needham Line. Multiple MBTA bus routes operate along Hyde Park Avenue.

Key Highlights

  • Three residential units across three floors
  • 6,544 gross square feet on a 4,356 SF lot
  • Unit mix includes two 4‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Cafe & Coffee Shop Accounting Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,109
Businesses Nearby

Demographics for 02131, MA

30,544
Population
13,264
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
10,909
Density / Sq Mi
$109,237
Median Household Income
$65,268
Median Earnings
$1,999
Median Rent
$634,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied property with staggered leases and recent cosmetic improvements.
Where is this triplex located?
The property is located at 428 Hyde Park Avenue Boston, MA.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Three residential units across three floors; 6,544 gross square feet on a 4,356 SF lot; Unit mix includes two 4‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath unit
More about this property
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