Remodeled Three-Family
64 Bremen Street Boston, MA 02128
64 Bremen Street, Boston, MA, 02128
$1,390,000
For Sale
$1,390,000
Remodeled three-unit home with newer appliances, updated finishes, and two currently rented units.
Property Size2,907 SF
Price / SF$478.16
Days on Market107
Property Features for 64 Bremen Street
General Information
- Standard status
- Active
- Size
- 2,907 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
DiPietro Group Real Estate
Listed by
Kim Oliveira
(617) 396-3100
Source
Longwoodresidential
Added: Apr 8 Updated: Jul 20 at 5:15PM Checked: Jul 22 at 7:16AM
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 DiPietro Group Real Estate
Investment Insights
Based on property information with market context.
64 Bremen Street is a remodeled three-family residence with a spacious layout across all three units. The property includes newer appliances and updated finishes throughout. The top-floor unit has been freshly painted and is described as move-in ready, while the first and second units are already rented, providing income from day one.
The home is positioned for convenient access to Maverick Square T, the Water Shuttle, Logan Airport, and nearby highways, along with dining and amenities in East Boston.
As a three-unit investment or owner-occupant option, the building offers a modernized interior and a configuration that supports both rental stability and flexible live-in potential, based on the currently rented lower units and move-in ready condition of the top unit.
The home is positioned for convenient access to Maverick Square T, the Water Shuttle, Logan Airport, and nearby highways, along with dining and amenities in East Boston.
As a three-unit investment or owner-occupant option, the building offers a modernized interior and a configuration that supports both rental stability and flexible live-in potential, based on the currently rented lower units and move-in ready condition of the top unit.
Key Highlights
- Remodeled three‑family home (year built 1910) at 64 Bremen Street
- Two units are currently rented, providing income from day one
- Top‑floor unit is freshly painted and move‑in ready
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 | $109.9k | $37.80 |
| − Vacancy | −$4.9k | −$1.70 |
| EGI | $104.9k | $36.10 |
| − OpEx | −$31.5k | −$10.83 |
| NOI | $73.5k | $25.27 |
2,907 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$918.2K – $1.22M
NOI $73,458 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$975.6K
$853.6K – $1.14M
NOI $68,291 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M
NOI $152,373 @ 7.0% cap · market cap 10.96%
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 - Remodeled three-unit home with newer appliances, updated finishes, and two currently rented units.
Where is this triplex located?
The property is located at 64 Bremen Street Boston, MA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Remodeled three‑family home (year built 1910) at 64 Bremen Street; Two units are currently rented, providing income from day one; Top‑floor unit is freshly painted and move‑in ready
