Three-Family Residential Income
48 H St Boston, MA 02127
New
48 H St, Boston, MA, 02127
$1,189,000
For Sale
$1,189,000
Semi-detached three-family delivered vacant and in as-is condition, with newer roof and updated heating systems.
Property Size2,088 SF
Price / SF$569.44
Days on Market7
Property Features for 48 H St
General Information
- Standard status
- Active
- Size
- 2,088 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1890
Listing agency
(617) 645-5370
Listed by
Jackie Rooney Team · License #449501011
(617) 645-5370
Source
Elliman
Added: Jul 16 Updated: Jul 21 at 1:51AM Checked: Jul 21 at 5:41AM
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 Jackie Rooney Team
Investment Insights
Based on property information with market context.
This semi-detached three-family property offers a spacious residential layout with 5 bedrooms and 3 bathrooms across approximately 2,088 square feet. The home features high ceilings and an open, inviting atmosphere. It is well-maintained, with a newer roof and updated heating systems, and it is being delivered vacant and in “as is” condition, providing flexibility for renovation and cosmetic updates.
Public remarks describe the location as central South Boston. BikeScore is noted at 60, walkScore at 95, and transitScore at 59, suggesting a walkable area with good access to transit.
The property is offered for sale as a residential income opportunity.
Public remarks describe the location as central South Boston. BikeScore is noted at 60, walkScore at 95, and transitScore at 59, suggesting a walkable area with good access to transit.
The property is offered for sale as a residential income opportunity.
Key Highlights
- 1890‑built semi‑detached 3‑family delivered vacant and in as‑is condition
- 5 bedrooms and 3 bathrooms in 2,088 SF of living space
- Newer roof and updated heating systems
Local 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 | $78.9k | $37.80 |
| − Vacancy | −$3.6k | −$1.70 |
| EGI | $75.4k | $36.10 |
| − OpEx | −$22.6k | −$10.83 |
| NOI | $52.8k | $25.27 |
2,088 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$753.7K
$659.5K – $879.4K
NOI $52,762 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$700.7K
$613.1K – $817.5K
NOI $49,051 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,445 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Semi-detached three-family delivered vacant and in as-is condition, with newer roof and updated heating systems.
Where is this triplex located?
The property is located at 48 H St Boston, MA.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: 1890‑built semi‑detached 3‑family delivered vacant and in as‑is condition; 5 bedrooms and 3 bathrooms in 2,088 SF of living space; Newer roof and updated heating systems
