Three-Story Multi-Family
72 Wellington Hill Boston, MA 02126
72 Wellington Hill, Boston, MA, 02126
$1,250,000
For Sale
$1,250,000
Three-story multi-family home with eight-plus bedrooms, four full baths, and central A/C plus in-unit washer and dryer in each unit.
Property Size3,188 SF
Price / SF$392.10
Days on Market162
Property Features for 72 Wellington Hill
General Information
- Standard status
- Active
- Size
- 3,188 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1919
Listing agency
Crystal Realty Assoc.,Inc.
Listed by
Denovan Blake
(978) 658-2345
Source
Wilsonwolfe
Added: Feb 9 Updated: Jul 20 at 8:12PM Checked: Jul 21 at 7:06AM
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 Crystal Realty Assoc.,Inc.
Investment Insights
Based on property information with market context.
This three-story multi-family residence was established in 1919 and includes approximately 3,188 square feet of living area on a 5,169 square foot lot. The building offers eight-plus bedrooms and four full bathrooms, with a finished basement that also includes a full bathroom. Each unit is equipped with its own central A/C and in-unit washer and dryer.
The property was renovated 2–3 years ago and includes updates and upgrades throughout. A first showing is available during the open house on April 21 and 22 from 12–2 PM.
With a vertical layout that creates distinct levels of living space, the building is designed to support straightforward, self-contained unit use and on-site laundry convenience.
The property was renovated 2–3 years ago and includes updates and upgrades throughout. A first showing is available during the open house on April 21 and 22 from 12–2 PM.
With a vertical layout that creates distinct levels of living space, the building is designed to support straightforward, self-contained unit use and on-site laundry convenience.
Key Highlights
- Multi‑family residence built in 1919 with 3 stories and 3,188 SF of living area
- 5169 SF lot with multiple defined living levels throughout the building
- Eight‑plus bedrooms and 4 full bathrooms, plus a finished basement with a full bathroom
Local Financial Insights For Apartment 5plus
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 | $141.5k | $44.40 |
| − Vacancy | −$5.4k | −$1.69 |
| EGI | $136.2k | $42.71 |
| − OpEx | −$61.3k | −$19.22 |
| NOI | $74.9k | $23.49 |
3,188 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$936.2K – $1.25M
NOI $74,893 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,102 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Three-story multi-family home with eight-plus bedrooms, four full baths, and central A/C plus in-unit washer and dryer in each unit.
Where is this multifamily property located?
The property is located at 72 Wellington Hill Boston, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Multi‑family residence built in 1919 with 3 stories and 3,188 SF of living area; 5169 SF lot with multiple defined living levels throughout the building; Eight‑plus bedrooms and 4 full bathrooms, plus a finished basement with a full bathroom