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Three-Family Residential Investment
For Sale
$1,099,000
Pending

48 H Street, Boston, MA 02127

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

Property Size2,088 SF
Days on Market99

Property Features for 48 H Street

General Information

Standard status Pending
Size 2,088 SF
Property subtype Multifamily

Site & Location

Neighborhood South Boston

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $12,982

Building Details

Building Size 2,088 SF
Year Built 1890
Listing Agency: Rooney Real Estate, LLC
Listed By: Jackie Rooney Team
Source: Classifiedrealtygroup
Added: Jul 19 Changed: Oct 18 Last Checked: Oct 24 at 2:10PM

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 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

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 (±1% cap)
NOI $52,762 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$700.7K
$613.1K – $817.5K (±1% cap)
NOI $49,051 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,445 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

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 $1,099,000.
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
More about this property
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