Renovated
For Sale
$1,149,000
49 West Cottage Street, Boston, MA 02125
Three apartment layouts combine updated kitchens, bathrooms, and mechanical systems, including a heat pump.
Property Size2,821 SF
Price / SF$407.30
Days on Market14
Property Features for 49 West Cottage Street
General Information
Standard status
Active
Size
2,821 SF
Total Parking Spaces
1
Property subtype
Multi-family
Occupancy
100%
Financials
Cap Rate
7.63%
Gross Income
$98,160
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Year Built
1880
Buildings
1
Listing Agency:
Choose Boston,LLC
Listed By:
Zachary Feldshuh · License #449597954
(607) 342-5872
Source:
Hgjohnsonrealestate
Added: Oct 4
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 Choose Boston,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,821-square-foot triplex, built in 1880, contains three apartments: a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom unit. Renovations include kitchen and bathroom updates, cosmetic improvements, and refreshed mechanical systems with a new heat pump. The property is fully rented and has a 7.63% cap rate.
One parking space is located behind the building, with access from a paved driveway. Uphams Corner MBTA station provides service to South Station. South Bay offers shopping, dining, and entertainment nearby.
One parking space is located behind the building, with access from a paved driveway. Uphams Corner MBTA station provides service to South Station. South Bay offers shopping, dining, and entertainment nearby.
Key Highlights
- Three apartments with 3‑bedroom/2‑bathroom, 2‑bedroom/1‑bathroom, and 1‑bedroom/1‑bathroom layouts
- 2,821 square feet; built in 1880
- Renovations include kitchens, bathrooms, cosmetic finishes, and mechanical systems with a new heat pump
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,285
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,700
$1.4M
Cap Rate 7%
$1,018,357
$1.0M
Cap Rate 9%
$792,056
$792.1K
Market Conditions
NOI Build-Up for 2,821 SF
Gross rent
$106.6K $37.80/SF
− Vacancy
−$4.8K −$1.70/SF
EGI
$101.8K $36.10/SF
− OpEx
−$30.6K −$10.83/SF
NOI
$71.3K $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%
$1,425,700
Cap Rate 7%
$1,018,357
Cap Rate 9%
$792,056
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$891.1K – $1.19M
NOI $71,285 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$946.7K
$828.4K – $1.10M
NOI $66,271 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,866 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,816
Businesses Nearby
Explore this area
Business Placement
Demographics for 02125, MA
34,926
Population
14,999
Households
2.3
Avg Household Size
32
Median Age
42%
College-Educated
87%
High-School Grad
2.2 sq mi
ZIP Area
15,875
Density / Sq Mi
$71,810
Median Household Income
$52,106
Median Earnings
$1,897
Median Rent
$645,400
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 - Three apartment layouts combine updated kitchens, bathrooms, and mechanical systems, including a heat pump.
Where is this triplex located?
The property is located at 49 West Cottage Street Boston, MA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Three apartments with 3‑bedroom/2‑bathroom, 2‑bedroom/1‑bathroom, and 1‑bedroom/1‑bathroom layouts; 2,821 square feet; built in 1880; Renovations include kitchens, bathrooms, cosmetic finishes, and mechanical systems with a new heat pump
