Turnkey 3-Family
4464-4468 Washington Street Boston, MA 02131
For Sale
$1,229,000
Turnkey 3-family with updated kitchens and baths, front and rear decks, and separate boilers for individual heating.
Property Size3,390 SF
Price / SF$362.54
Days on Market144
Property Features for 4464-4468 Washington Street
General Information
- Standard status
- Active
- Size
- 3,390 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1920
Listing Agency:
eXp Realty
(888) 854-7493
Listed By:
Charles Roderick · License #119670
(888) 854-7493
Source:
Compass
Added: Mar 1
Changed: Jul 23
Last Checked: Jul 23 at 9:54AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This turnkey 3-family residence features front and rear decks for every unit, with each home offering an entry foyer with access to a front deck. Interior layouts include a spacious living/dining room combination and a kitchen with an eating bar, separate pantry, and access to a second rear deck. The property highlights include hardwood floors, high ceilings, and front and side bay windows that provide abundant natural light. Each unit has an updated kitchen and bath, and the flexible configuration is described as supporting either a 3-bedroom setup or an expanded 2-bedroom layout.
The property is located at 4464-4468 Washington Street in Roslindale. It is currently occupied by long-term, stable tenants.
Separate boilers serve the units, allowing tenants to pay their individual heating costs. With the building presented as turn-key and currently occupied, it is suited to investors seeking rental income without immediate updates based on the provided description.
The property is located at 4464-4468 Washington Street in Roslindale. It is currently occupied by long-term, stable tenants.
Separate boilers serve the units, allowing tenants to pay their individual heating costs. With the building presented as turn-key and currently occupied, it is suited to investors seeking rental income without immediate updates based on the provided description.
Key Highlights
- Turnkey 3‑family home built in 1920 with updated kitchens and baths
- Front and rear decks for every unit, plus porch and deck areas for outdoor living
- Each unit has its own entry foyer with access to a front deck and a spacious living/dining combo
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 | $128.1k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $122.4k | $36.10 |
| − OpEx | −$36.7k | −$10.83 |
| NOI | $85.7k | $25.27 |
3,390 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.43M
NOI $85,663 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$1.14M
$995.5K – $1.33M
NOI $79,638 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,690 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey 3-family with updated kitchens and baths, front and rear decks, and separate boilers for individual heating.
Where is this triplex located?
The property is located at 4464-4468 Washington Street Boston, MA.
What is the asking price?
The asking price for this property is $1,229,000.
What are key features of this property?
This property features: Turnkey 3‑family home built in 1920 with updated kitchens and baths; Front and rear decks for every unit, plus porch and deck areas for outdoor living; Each unit has its own entry foyer with access to a front deck and a spacious living/dining combo
