Triplex with Den
For Sale
$2,150,000
67 Old Harbor St, Boston, MA 02127
Three residential units include flexible den space and convenient access to transit and nearby amenities.
Property Size5,439 SF
Days on Market71
Property Features for 67 Old Harbor St
General Information
Standard status
Active
Size
5,439 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2-bed + den/1-bath, 2 x 3-bed/1-bath + den
Multifamily Units
3
Additional Details
Cap Rate
5.73%
Amenities
92 Walk Score "Walker's Paradise"
Value-add opportunity
Easy access to public transit
Building Details
Building Size
5,439 SF
Units
3
Listing Agency:
Marcus & Millichap Real Estate Investment Services
Listed By:
Tony Pepdjonovic · License #License(s): MA: 9525302
(617) 896-7277
Source:
Marcusmillichap
Added: Aug 8
Changed: Oct 4
Last Checked: Oct 16 at 5:37AM
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 Marcus & Millichap Real Estate Investment Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This triplex at 67 Old Harbor St includes three residential units with varied layouts. One apartment offers two bedrooms, a den, and one bathroom, while the two remaining apartments each provide three bedrooms, a den, and one bathroom. The configuration gives the property a mix of unit sizes within one multifamily asset.
The property is in Boston, MA 02127, with a Walk Score of 92. Public transportation, multiple highways, and local amenities are accessible from the property, including a range of services and destinations within walking distance.
The property is in Boston, MA 02127, with a Walk Score of 92. Public transportation, multiple highways, and local amenities are accessible from the property, including a range of services and destinations within walking distance.
Key Highlights
- Three‑unit triplex configuration at 67 Old Harbor St, Boston, MA 02127
- One 2‑bed + den/1‑bath apartment
- Two 3‑bed/1‑bath + den apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,440
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,748,800
$2.7M
Cap Rate 7%
$1,963,429
$2.0M
Cap Rate 9%
$1,527,111
$1.5M
Market Conditions
NOI Build-Up for 5,439 SF
Gross rent
$205.6K $37.80/SF
− Vacancy
−$9.3K −$1.70/SF
EGI
$196.3K $36.10/SF
− OpEx
−$58.9K −$10.83/SF
NOI
$137.4K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,748,800
Cap Rate 7%
$1,963,429
Cap Rate 9%
$1,527,111
Alternative Uses
Best Use
Multifamily LT 5
$1.96M
$1.72M – $2.29M
NOI $137,440 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.13M
NOI $127,773 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $285,091 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,878
Businesses Nearby
Explore this area
Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include flexible den space and convenient access to transit and nearby amenities.
Where is this triplex located?
The property is located at 67 Old Harbor St Boston, MA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Three‑unit triplex configuration at 67 Old Harbor St, Boston, MA 02127; One 2‑bed + den/1‑bath apartment; Two 3‑bed/1‑bath + den apartments
