Gut-Renovated Three-Family
54 Brooks St Boston, MA 02128
54 Brooks St, Boston, MA, 02128
$1,375,000
For Sale
$1,375,000
Gut-renovated three-family with bright open layouts, updated kitchens and baths, and three spacious bedrooms per unit.
Property Size2,700 SF
Price / SF$509.26
Days on Market107
Property Features for 54 Brooks St
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1899
Listing agency
EVO Real Estate Group, LLC
(508) 395-5876
Listed by
Corey Moy
(508) 395-5876
Source
Lockandkeyre
Added: Apr 7 Updated: Jul 22 at 12:28PM Checked: Jul 22 at 12:28PM
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 EVO Real Estate Group, LLC
Investment Insights
Based on property information with market context.
54 Brooks St in East Boston presents a gut-renovated three-family residence designed for modern living. The property includes three separate units, each featuring a bright, open layout. Interiors are updated throughout with sleek kitchens and updated bathrooms, and each unit offers three spacious bedrooms and one bathroom.
Located in East Boston, the home is described as being just minutes from downtown, Logan Airport, and nearby shops and dining.
As a three-unit residential income property, it offers a turnkey configuration with consistent unit layouts across the building.
Located in East Boston, the home is described as being just minutes from downtown, Logan Airport, and nearby shops and dining.
As a three-unit residential income property, it offers a turnkey configuration with consistent unit layouts across the building.
Key Highlights
- Gut‑renovated three‑family home built in 1899 in East Boston
- Three units with bright, open layouts
- Each unit offers 3 bedrooms and 1 bathroom
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 | $102.1k | $37.80 |
| − Vacancy | −$4.6k | −$1.70 |
| EGI | $97.5k | $36.10 |
| − OpEx | −$29.2k | −$10.83 |
| NOI | $68.2k | $25.27 |
2,700 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$974.7K
$852.8K – $1.14M
NOI $68,227 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$906.1K
$792.9K – $1.06M
NOI $63,429 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,523 @ 7.0% cap · market cap 10.29%
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 - Gut-renovated three-family with bright open layouts, updated kitchens and baths, and three spacious bedrooms per unit.
Where is this triplex located?
The property is located at 54 Brooks St Boston, MA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Gut‑renovated three‑family home built in 1899 in East Boston; Three units with bright, open layouts; Each unit offers 3 bedrooms and 1 bathroom
