Cash Flowing Multifamily
472 Warren Boston, MA 02119
472 Warren, Boston, MA, 02119
$1,555,000
For Sale
$1,555,000
MULTI_FAMILY - Boston, MA
Property Size5,718 SF
Lot Size0.07 Acres
Price / SF$271.95
Days on Market84
Property Features for 472 Warren
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 8, Bedroom 13, Bedroom 2, Bedroom 11, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 15, Bedroom 14, Bedroom 9, Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 3
- Standard status
- Active
- APN
- 3325148
- Size
- 5,718 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10162
Building Details
- Year built
- 1899
- Floors in Building
- 3
- Number of units
- 3
Listing agency
RE/MAX Realty Plus
(617) 268-5100
Listed by
James Fitzgerald
(617) 268-5100
Added: Apr 30 Updated: Jul 11 at 3:32AM Checked: Jul 22 at 11:06PM
MLS# 73510170
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property, configured with three oversized residential units, generates over $150,000 in annual income. The basement features high ceilings, presenting an opportunity for future unit expansion or added amenities. A walk-up attic offers additional room to grow the investment. Located next to the Boston Latin Academy, the property provides convenient access to the train, multiple bus routes, and ample off-street parking. The property is situated in Boston, Massachusetts, within the postal code 02119, and is located in Suffolk County. The lot size is 0.0681 acres, and the property size is 5718 square feet. This property offers immediate returns and long-term upside, suitable for adding a cash-flowing asset to a portfolio or exploring a condo conversion.
Key Highlights
- Built in 1899
- Currently configured with 3 oversized residential units
- Reported over $150,000 in annual income
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 - Multifamily property with high income and expansion potential.
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 with 3 oversized residential units; Reported over $150,000 in annual income
