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Updated Triplex with Garden Unit
For Sale
$1,250,000

72 Wellington Hill St, Boston, MA 02126

Updated triplex offers three residential units, including a finished lower-level walkout, with central air, parking, and yard space.

Property Size3,400 SF
Days on Market137

Property Features for 72 Wellington Hill St

General Information

Standard status Active
Size 3,400 SF
Total Parking Spaces 8
Property subtype Multifamily

Site & Location

Neighborhood Mattapan

Taxes and HOA fees

Annual Taxes $9,727

Building Details

Building Size 3,400 SF
Year Built 1919
Listing Agency: Stony Brook & Lennox Realty Advisors
Listed By: Markese Daise · License #9574297
Source: Classifiedrealtygroup
Added: Jun 11 Changed: Sep 24 Last Checked: Oct 24 at 2:10PM

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

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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.

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,916
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,320 $1.7M
Cap Rate 7%
$1,227,371 $1.2M
Cap Rate 9%
$954,622 $954.6K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$128.5K $37.80/SF
− Vacancy
−$5.8K −$1.70/SF
EGI
$122.7K $36.10/SF
− OpEx
−$36.8K −$10.83/SF
NOI
$85.9K $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%
$1,718,320
Cap Rate 7%
$1,227,371
Cap Rate 9%
$954,622

Alternative Uses

Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,916 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$1.14M
$998.4K – $1.33M (±1% cap)
NOI $79,873 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M (±1% cap)
NOI $178,214 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 02126, MA

22,734
Population
9,617
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
12,630
Density / Sq Mi
$67,206
Median Household Income
$42,397
Median Earnings
$1,659
Median Rent
$515,000
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

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 St 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: 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
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