Triplex with Walk-Up
472 Warren Boston, MA 02119
472 Warren, Boston, MA, 02119
$1,555,000
For Sale
$1,555,000
Three oversized units with a walk-up attic and high-ceiling basement, positioned near Boston Latin Academy.
Property Size5,718 SF
Price / SF$271.95
Days on Market79
Property Features for 472 Warren
General Information
- Standard status
- Active
- Size
- 5,718 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1899
Listing Agency
Atlantic Properties
(978) 578-5013
Listed by
Chris Bernier
(978) 578-5013
Source
Churchillprop
Added: Apr 30 Checked: Jul 17 at 3:40 am
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 Atlantic Properties
Investment Insights
Based on property information with market context.
472 Warren is a multifamily triplex configured with three oversized residential units. The basement includes high ceilings, which may support additional finished space depending on future layout needs. The property also features a walk-up attic, offering further room for expansion or added utility within the existing structure. The total building size is 5,718 square feet.
The property is located at 472 Warren in Boston, MA 02119, next to Boston Latin Academy. Public remarks note easy access to nearby transit, multiple bus routes, and ample off-street parking, which can be helpful for tenants who commute.
For investors and owner-operators, this setup provides three separate residential units within one asset. The current configuration is described as producing over $150,000 in annual income in the public remarks. The presence of both a high-ceiling basement and a walk-up attic may also be relevant for buyers considering changes that increase usable space over time. Prospective tenants or buyers can review the unit configuration and feasibility of future improvements during due diligence.
The property is located at 472 Warren in Boston, MA 02119, next to Boston Latin Academy. Public remarks note easy access to nearby transit, multiple bus routes, and ample off-street parking, which can be helpful for tenants who commute.
For investors and owner-operators, this setup provides three separate residential units within one asset. The current configuration is described as producing over $150,000 in annual income in the public remarks. The presence of both a high-ceiling basement and a walk-up attic may also be relevant for buyers considering changes that increase usable space over time. Prospective tenants or buyers can review the unit configuration and feasibility of future improvements during due diligence.
Key Highlights
- Built in 1899
- Currently configured as three oversized residential units
- Walk‑up attic offers additional expansion or development potential
Local Financial Insights For Apartment 5plus
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 | $253.9k | $44.40 |
| − Vacancy | −$9.6k | −$1.69 |
| EGI | $244.2k | $42.71 |
| − OpEx | −$109.9k | −$19.22 |
| NOI | $134.3k | $23.49 |
5,718 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.06M
$1.81M – $2.41M
NOI $144,490 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$1.92M
$1.68M – $2.24M
NOI $134,327 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$4.28M
$3.75M – $5.00M
NOI $299,715 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three oversized units with a walk-up attic and high-ceiling basement, positioned near Boston Latin Academy.
Where is this triplex located?
The property is located at 472 Warren Boston, MA.
What is the asking price?
The asking price for this property is $1,555,000.
What are key features of this property?
This property features: Built in 1899; Currently configured as three oversized residential units; Walk‑up attic offers additional expansion or development potential
