Three Units Investment
76 Bellevue Street Boston, MA 02125
76 Bellevue Street, Boston, MA, 02125
$1,109,900
For Sale
$1,109,900
Profitable investment property with updated kitchens and hardwood floors.
Property Size3,342 SF
Price / SF$332.11
Days on Market276
Property Features for 76 Bellevue Street
General Information
- Standard status
- Active
- Size
- 3,342 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing Agency
Coldwell Banker Realty - Dorchester
Listed by
Jovonie Houston
Source
Stevebremis
Added: Oct 17, 2025 Checked: Jul 16 at 11:45 am
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 Coldwell Banker Realty - Dorchester
Investment Insights
Based on property information with market context.
This investment property at 76 Bellevue Street offers an opportunity for investors. Located on a one-way side street, the property is near highway access, public transit, local restaurants, and shops. The building contains three units, each featuring three bedrooms, updated kitchens with dishwashers, and natural hardwood flooring. Unit 1 and Unit 2 will be delivered vacant, while Unit 3 has tenants at-will. All three units are de-leaded. The property includes 200-amp electrical service, central heating, and a coin-operated washer and dryer. The property size is 3342 square feet.
Key Highlights
- All three units are de‑leaded, ensuring safety and compliance.
- Delivered vacant (Units 1 & 2) or with tenants at‑will (Unit 3), offering immediate rental income potential or owner‑occupancy flexibility.
- Each unit features three spacious bedrooms and updated kitchens with dishwashers, appealing to a wide range of tenants.
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 | $126.3k | $37.80 |
| − Vacancy | −$5.7k | −$1.70 |
| EGI | $120.6k | $36.10 |
| − OpEx | −$36.2k | −$10.83 |
| NOI | $84.5k | $25.27 |
3,342 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,450 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$1.12M
$981.4K – $1.31M
NOI $78,510 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,174 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Profitable investment property with updated kitchens and hardwood floors.
Where is this triplex located?
The property is located at 76 Bellevue Street Boston, MA.
What is the asking price?
The asking price for this property is $1,109,900.
What are key features of this property?
This property features: All three units are de‑leaded, ensuring safety and compliance.; Delivered vacant (Units 1 & 2) or with tenants at‑will (Unit 3), offering immediate rental income potential or owner‑occupancy flexibility.; Each unit features three spacious bedrooms and **updated kitchens with dishwashers**, appealing to a wide range of tenants.
