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Three-Family Residential Investment

48 H Street Boston, MA 02127

48 H Street, Boston, MA, 02127
$1,189,000
For Sale
$1,189,000

Semi-detached three-family home with 5 bedrooms and 3 bathrooms, delivered vacant in as-is condition.

Property Size2,088 SF
Price / SF$569.44
Days on Market9

Property Features for 48 H Street

General Information

Standard status
Active
Size
2,088 SF
Property subtype
3 Family

Building Details

Year Built
1890
Listing agency Rooney Real Estate, LLC
Listed by Jackie Rooney Team · License #452508574
Source Iverty
Added: Jul 14 Updated: Jul 20 at 3:31AM Checked: Jul 22 at 5:04AM

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


Investment Insights

Based on property information with market context.

This semi-detached three-family residential property offers a total of 5 bedrooms and 3 bathrooms. The home features high ceilings and is described as well-maintained, including a newer roof and updated heating systems. The property is delivered vacant and in as-is condition, giving the next owner flexibility for renovation and cosmetic updates.

The home is located at 48 H Street in Boston, MA 02127. The property is being marketed as an investment opportunity and includes an income projection after updates, with a projected total rent of $10K per month.

With 2,088 square feet of total area, this configuration is suited to buyers seeking a multi-unit residential asset that can be repositioned through renovation.

Key Highlights

  • Semi‑detached 3‑family home built in 1890
  • 5 bedrooms and 3 bathrooms with 2,088 SF of living area
  • 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 (±1% cap)
NOI $52,762 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$700.7K
$613.1K – $817.5K (±1% cap)
NOI $49,051 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
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

Suggested Use

Auto Parts Store Daycare Center Catering Service Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Semi-detached three-family home with 5 bedrooms and 3 bathrooms, delivered vacant in as-is condition.
Where is this triplex located?
The property is located at 48 H Street 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: Semi‑detached 3‑family home built in 1890; 5 bedrooms and 3 bathrooms with 2,088 SF of living area; Newer roof and updated heating systems
Contact an agent
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