Three-Unit Residential Income
57 Mozart Street Boston, MA 02130
57 Mozart Street, Boston, MA, 02130
$1,295,000
For Sale
$1,295,000
Three-family building with updated kitchens and baths, patio, off-street parking, and newer in-building laundry.
Property Size3,109 SF
Price / SF$416.53
Days on Market81
Property Features for 57 Mozart Street
General Information
- Standard status
- Active
- Size
- 3,109 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1905
Listing agency
Keller Williams Realty Boston-Metro | Back Bay
(617) 542-0012
Listed by
TEAM BRUSIL
(617) 542-0012
Source
Compass
Added: May 3 Updated: Jul 21 at 3:51AM Checked: Jul 22 at 11:31AM
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 Keller Williams Realty Boston-Metro | Back Bay
Investment Insights
Based on property information with market context.
57 Mozart Street is a three-family residential income property with open concept living, dining, and kitchen areas in each unit. The building features updated kitchens and bathrooms in recent years, including new tile, glass shower doors, stainless appliances, and granite countertops. A newer coin-operated laundry is located in the basement, and tankless Navien heaters were installed in 2019 with a roof replacement completed the same year.
The property is situated in Jamaica Plain and is approximately 0.3 miles to Stony Brook Station and 0.4 miles to Jackson Square. Unit 1 is currently occupied on a month-to-month lease by a tenant interested in remaining, while Unit 2 and Unit 3 are vacant. Each unit has 3 bedrooms and includes letters of full de-leading, ready for new occupancy.
Outdoor amenities include a patio and off-street parking.
The property is situated in Jamaica Plain and is approximately 0.3 miles to Stony Brook Station and 0.4 miles to Jackson Square. Unit 1 is currently occupied on a month-to-month lease by a tenant interested in remaining, while Unit 2 and Unit 3 are vacant. Each unit has 3 bedrooms and includes letters of full de-leading, ready for new occupancy.
Outdoor amenities include a patio and off-street parking.
Key Highlights
- 3‑family property (57 Mozart) with 3 beds per unit and open concept living, dining, and kitchens
- Updates include newer kitchens and bathrooms with tile, glass shower doors, stainless appliances, and granite counter tops
- 3 full bathrooms total; full basement with partially finished space plus newer coin‑op laundry
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 | $117.5k | $37.80 |
| − Vacancy | −$5.3k | −$1.70 |
| EGI | $112.2k | $36.10 |
| − OpEx | −$33.7k | −$10.83 |
| NOI | $78.6k | $25.27 |
3,109 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.0K – $1.31M
NOI $78,562 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$1.04M
$913.0K – $1.22M
NOI $73,037 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $162,961 @ 7.0% cap · market cap 12.58%
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 - Three-family building with updated kitchens and baths, patio, off-street parking, and newer in-building laundry.
Where is this triplex located?
The property is located at 57 Mozart Street Boston, MA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3‑family property (57 Mozart) with 3 beds per unit and open concept living, dining, and kitchens; Updates include newer kitchens and bathrooms with tile, glass shower doors, stainless appliances, and granite counter tops; 3 full bathrooms total; full basement with partially finished space plus newer coin‑op laundry
