Renovated 3-Unit
53 Greenbrier Street Boston, MA 02124
53 Greenbrier Street, Boston, MA, 02124
$1,200,000
For Sale
$1,200,000
Fully renovated three-family home with hardwood floors, modern kitchen upgrades, and on-site coin-op laundry.
Property Size3,690 SF
Price / SF$325.20
Days on Market113
Property Features for 53 Greenbrier Street
General Information
- Standard status
- Active
- Size
- 3,690 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing agency
MIG
Listed by
Nichols Realty Team
(781) 635-9022
Source
Lindorealtygroup
Added: Apr 2 Updated: Jul 20 at 5:13PM Checked: Jul 22 at 8:12AM
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 MIG
Investment Insights
Based on property information with market context.
This fully renovated three-family home offers a dependable, low-maintenance setup for a residential income portfolio. Updates within the past seven years include the roof, central air conditioning, and heating systems. Each unit features hardwood floors and modern kitchens with stainless steel appliances.
A basement level includes coin-op laundry. One unit is delivered vacant and ready to move in immediately.
For access and timing, showings are accompanied only and require 48 hours’ notice. The property is conveniently located near Four Corners with nearby public transportation options, including bus routes to Ashmont and Ruggles’ MBTA Stations, as well as walking access to the Red Line and the Commuter Rail.
A basement level includes coin-op laundry. One unit is delivered vacant and ready to move in immediately.
For access and timing, showings are accompanied only and require 48 hours’ notice. The property is conveniently located near Four Corners with nearby public transportation options, including bus routes to Ashmont and Ruggles’ MBTA Stations, as well as walking access to the Red Line and the Commuter Rail.
Key Highlights
- Fully renovated 3‑family home built in 1905
- Roof, central AC, and heating systems updated within the last 7 years
- Each unit has hardwood floors and modern kitchens with stainless steel appliances
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 | $139.5k | $37.80 |
| − Vacancy | −$6.3k | −$1.70 |
| EGI | $133.2k | $36.10 |
| − OpEx | −$40.0k | −$10.83 |
| NOI | $93.2k | $25.27 |
3,690 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.17M – $1.55M
NOI $93,244 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$1.24M
$1.08M – $1.44M
NOI $86,686 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M
NOI $193,415 @ 7.0% cap · market cap 16.12%
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 - Fully renovated three-family home with hardwood floors, modern kitchen upgrades, and on-site coin-op laundry.
Where is this triplex located?
The property is located at 53 Greenbrier Street Boston, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully renovated 3‑family home built in 1905; Roof, central AC, and heating systems updated within the last 7 years; Each unit has hardwood floors and modern kitchens with stainless steel appliances
