Three-Family Residential Income
For Sale
$1,099,000
48 H St, Boston, MA 02127
Semi-detached three-family delivered vacant and in as-is condition, with newer roof and updated heating systems.
Property Size2,088 SF
Price / SF$526.34
Days on Market97
Property Features for 48 H St
General Information
Standard status
Active
Size
2,088 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1890
Tenancy
Multi
Listing Agency:
Rooney Real Estate, LLC
Listed By:
Jackie Rooney Team · License #449501011
(617) 645-5370
Source:
Gooddeedsrealtypartners
Added: Jul 16
Changed: Oct 13
Last Checked: Oct 7 at 4:42PM
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 Rooney Real Estate, LLC
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,762
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,055,240
$1.1M
Cap Rate 7%
$753,743
$753.7K
Cap Rate 9%
$586,244
$586.2K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$78.9K $37.80/SF
− Vacancy
−$3.6K −$1.70/SF
EGI
$75.4K $36.10/SF
− OpEx
−$22.6K −$10.83/SF
NOI
$52.8K $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%
$1,055,240
Cap Rate 7%
$753,743
Cap Rate 9%
$586,244
Alternative Uses
Best Use
Multifamily LT 5
$753.7K
$659.5K – $879.4K
NOI $52,762 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$700.7K
$613.1K – $817.5K
NOI $49,051 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,445 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,052
Businesses Nearby
Explore this area
Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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 $1,099,000.
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
