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Four-Bedroom Triplex Investment

79 Pleasant Street Boston, MA 02125

79 Pleasant Street, Boston, MA, 02125
$1,949,000
For Sale
$1,949,000

Three oversized four-bedroom residences are all leased through August 31, 2026, with hardwood floors and in-unit laundry.

Property Size3,966 SF
Price / SF$491.43
Days on Market220

Property Features for 79 Pleasant Street

General Information

Standard status
Active
Size
3,966 SF
Property subtype
Multi-family

Building Details

Year Built
1914
Listing agency Boston Realty Advisors
Listed by Tayler Barbella · License #9585340
Source Stevebremis
Added: Dec 15, 2025 Updated: Jul 21 at 3:56AM Checked: Jul 22 at 6:28AM

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 Boston Realty Advisors


Investment Insights

Based on property information with market context.

This well-maintained triplex features three oversized four-bedroom residences, each currently leased through August 31, 2026. The units include hardwood flooring throughout, in-unit laundry, and updated kitchen and bathroom appliances. Outdoor space is a core part of the layout, with a private deck for each unit plus shared backyard access.

Located at 79 Pleasant Street in Boston, MA 02125, the property is near a variety of popular restaurants, neighborhood shops, and convenient public transportation. This setting supports steady tenant appeal for the income-focused buyer.

As a turnkey, multi-unit asset, the building is positioned for immediate rental income continuity, with tenant-occupied units and established in-place residency terms.

Key Highlights

  • Multi‑unit property built in 1914 with three oversized 4‑bedroom residences
  • All three units are currently leased through August 31, 2026
  • Each unit features hardwood flooring and in‑unit laundry

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 $149.9k $37.80
− Vacancy −$6.7k −$1.70
EGI $143.2k $36.10
− OpEx −$43.0k −$10.83
NOI $100.2k $25.27
3,966 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,218 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $93,169 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$2.97M
$2.60M – $3.46M (±1% cap)
NOI $207,882 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Nail Salon Spa & Massage Center HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store Auto Parts Store Daycare Center Acupuncture (Bike/Boat/Book/etc) Store Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three oversized four-bedroom residences are all leased through August 31, 2026, with hardwood floors and in-unit laundry.
Where is this triplex located?
The property is located at 79 Pleasant Street Boston, MA.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: Multi‑unit property built in 1914 with three oversized 4‑bedroom residences; All three units are currently leased through August 31, 2026; Each unit features hardwood flooring and in‑unit laundry
Contact an agent
More about this property
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