Updated Triplex with Garden
72 Wellington Hill Street Boston, MA 02126
72 Wellington Hill Street, Boston, MA, 02126
$1,249,999
For Sale
$1,249,999
Updated triplex offers three residential units, including a finished lower-level walkout, with central air, parking, and yard space.
Property Size3,400 SF
Price / SF$367.65
Days on Market91
Property Features for 72 Wellington Hill Street
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1919
Listing agency
Stony Brook & Lennox Realty Advisors
Listed by
Markese Daise
(617) 765-8747
Source
Perrydinatalerealty
Added: Apr 24 Updated: Jul 20 at 8:10PM Checked: Jul 22 at 7:07AM
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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
An updated triplex configured as a 2-family with an additional finished third unit in the lower-level full walkout basement. The layout includes a bi-level 5-bedroom, 2-bath unit, a spacious 3-bedroom, 1-bath unit, and a 2-bedroom, 1-bath garden unit.
The property is located in the Wellington Hill area of Mattapan, with proximity to Mattapan’s shops, restaurants, and retail corridors, plus easy access to transit and Downtown Boston.
Recent improvements include a new roof, updated 200AMP electrical, updated plumbing, central air, and on-site yard space with parking. This configuration provides multiple unit options within a single updated income property.
The property is located in the Wellington Hill area of Mattapan, with proximity to Mattapan’s shops, restaurants, and retail corridors, plus easy access to transit and Downtown Boston.
Recent improvements include a new roof, updated 200AMP electrical, updated plumbing, central air, and on-site yard space with parking. This configuration provides multiple unit options within a single updated income property.
Key Highlights
- Updated triplex (built 1919) with three residential units, including a finished lower‑level walkout basement unit
- Unit mix includes 5 beds/2 baths, 3 beds/1 bath, and 2 beds/1 bath garden unit for flexible living or renting
- New roof plus updated plumbing and updated 200‑amp electrical
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 | $128.5k | $37.80 |
| − Vacancy | −$5.8k | −$1.70 |
| EGI | $122.7k | $36.10 |
| − OpEx | −$36.8k | −$10.83 |
| NOI | $85.9k | $25.27 |
3,400 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,916 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$1.14M
$998.4K – $1.33M
NOI $79,873 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,214 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Updated triplex offers three residential units, including a finished lower-level walkout, with central air, parking, and yard space.
Where is this triplex located?
The property is located at 72 Wellington Hill Street Boston, MA.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: Updated triplex (built 1919) with three residential units, including a finished lower‑level walkout basement unit; Unit mix includes 5 beds/2 baths, 3 beds/1 bath, and 2 beds/1 bath garden unit for flexible living or renting; New roof plus updated plumbing and updated 200‑amp electrical
