Updated Three-Family
For Sale
$2,675,000
44 Mozart Street, Boston, MA 02130
Three updated residences offer large-bedroom layouts, private outdoor space, central air, in-unit laundry, and tandem off-street parking.
Property Size4,608 SF
Price / SF$580.51
Days on Market71
Property Features for 44 Mozart Street
General Information
Standard status
Active
Size
4,608 SF
Property subtype
Multi-family
Financials
Cap Rate
6.23%
Gross Income
$208,500
Site & Location
Neighborhood
Jamaica Plain
Public Transit
Yes
Units
Unit Mix
5-bedroom, 3-bath lower duplex, 4-bedroom, 2-bath floor-through, 5-bedroom, 3-bath penthouse duplex
Multifamily Units
3
Amenities
updated kitchens
granite countertops
stainless steel appliances
modern baths
hardwood floors
central air
in-unit laundry
private rear outdoor space
Building Details
Year Built
1920
Listing Agency:
Compass
Listed By:
Mission Realty Advisors
(203) 893-8316
Source:
Sredboston
Added: Aug 16
Changed: Oct 23
Last Checked: Oct 24 at 9:59PM
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 Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family property contains 4,608 square feet across three updated residences: a 5-bedroom, 3-bath lower duplex, a 4-bedroom, 2-bath floor-through unit, and a 5-bedroom, 3-bath penthouse duplex. The 14-bedroom, 8-bath configuration includes generous living areas, updated kitchens with granite countertops and stainless steel appliances, modern bathrooms, hardwood flooring, central air, in-unit laundry, and private rear outdoor space. Tandem off-street parking adds further functionality.
Located at 44 Mozart Street in Jamaica Plain, the property sits just off Centre Street and approximately 0.3 miles from Jackson Square Orange Line Station. The location provides access to the Longwood Medical Area, Northeastern University, Downtown Boston, public transportation, and nearby restaurants, shops, parks, and other neighborhood amenities. The property has a 6.23% in-place cap rate and was built in 1920.
Located at 44 Mozart Street in Jamaica Plain, the property sits just off Centre Street and approximately 0.3 miles from Jackson Square Orange Line Station. The location provides access to the Longwood Medical Area, Northeastern University, Downtown Boston, public transportation, and nearby restaurants, shops, parks, and other neighborhood amenities. The property has a 6.23% in-place cap rate and was built in 1920.
Key Highlights
- 4,608‑square‑foot three‑family property with 14 bedrooms and 8 baths
- Unit mix includes a 5‑bedroom lower duplex, 4‑bedroom floor‑through, and 5‑bedroom penthouse duplex
- 6.23% in‑place cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,441
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,328,820
$2.3M
Cap Rate 7%
$1,663,443
$1.7M
Cap Rate 9%
$1,293,789
$1.3M
Market Conditions
NOI Build-Up for 4,608 SF
Gross rent
$174.2K $37.80/SF
− Vacancy
−$7.8K −$1.70/SF
EGI
$166.3K $36.10/SF
− OpEx
−$49.9K −$10.83/SF
NOI
$116.4K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,328,820
Cap Rate 7%
$1,663,443
Cap Rate 9%
$1,293,789
Alternative Uses
Best Use
Multifamily LT 5
$1.66M
$1.46M – $1.94M
NOI $116,441 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$1.55M
$1.35M – $1.80M
NOI $108,251 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$3.45M
$3.02M – $4.03M
NOI $241,533 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three updated residences offer large-bedroom layouts, private outdoor space, central air, in-unit laundry, and tandem off-street parking.
Where is this triplex located?
The property is located at 44 Mozart Street Boston, MA.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: 4,608‑square‑foot three‑family property with 14 bedrooms and 8 baths; Unit mix includes a 5‑bedroom lower duplex, 4‑bedroom floor‑through, and 5‑bedroom penthouse duplex; 6.23% in‑place cap rate
