Three-Unit Residential Income
64 Fuller Street Boston, MA 02124
64 Fuller Street, Boston, MA, 02124
$995,000
For Sale
$995,000
Three spacious units with private back porches, separate utilities, and updated roof and newer water heaters, while needing improvements.
Property Size3,543 SF
Price / SF$280.84
Days on Market89
Property Features for 64 Fuller Street
General Information
- Standard status
- Active
- Size
- 3,543 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1905
Listing agency
RE/MAX Partners
(978) 475-2100
Listed by
James Pham · License #9570577
(978) 475-2100
Source
Compass
Added: Apr 24 Updated: Jul 20 at 4:36PM Checked: Jul 21 at 8:31AM
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 RE/MAX Partners
Investment Insights
Based on property information with market context.
This 3-family residence offers three spacious units, each configured with 5 rooms, 3 bedrooms, and 1 bathroom, plus a private back porch. The property has separate utilities for each unit. Per the seller, the roof was updated approximately 10 years ago, and all three water heaters are newer. A good-sized backyard provides outdoor space for gardening or entertaining, though the home needs updating.
Located on Fuller Street in Dorchester’s Ashmont Hill neighborhood, the property is described as a short stroll from Ashmont Station and nearby eateries and shops. There is also noted easy access to Malibu Beach, UMass Boston, I-93/I-90, and Downtown Boston.
The layout and utility separation make the building straightforward as a residential income property. Please note that no showings are scheduled prior to open houses on 5/9.
Located on Fuller Street in Dorchester’s Ashmont Hill neighborhood, the property is described as a short stroll from Ashmont Station and nearby eateries and shops. There is also noted easy access to Malibu Beach, UMass Boston, I-93/I-90, and Downtown Boston.
The layout and utility separation make the building straightforward as a residential income property. Please note that no showings are scheduled prior to open houses on 5/9.
Key Highlights
- 3‑family residence in the Ashmont Hill neighborhood (Dorchester) built in 1905
- Three units, each with 5 rooms, 3 bedrooms, and 1 bathroom, plus a private back porch
- Separate utilities for all three units
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 | $133.9k | $37.80 |
| − Vacancy | −$6.0k | −$1.70 |
| EGI | $127.9k | $36.10 |
| − OpEx | −$38.4k | −$10.83 |
| NOI | $89.5k | $25.27 |
3,543 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,529 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,232 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M
NOI $185,710 @ 7.0% cap · market cap 18.66%
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 spacious units with private back porches, separate utilities, and updated roof and newer water heaters, while needing improvements.
Where is this triplex located?
The property is located at 64 Fuller Street Boston, MA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3‑family residence in the Ashmont Hill neighborhood (Dorchester) built in 1905; Three units, each with 5 rooms, 3 bedrooms, and 1 bathroom, plus a private back porch; Separate utilities for all three units
