Renovated Triple Decker
81 Ellington St, Boston, MA 02121
MULTI_FAMILY - Boston, MA
Property size:
2,763 SFLot size:
0.06 AcresPrice / SF:
$430/SF- Added:
- May 5, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 20 at 4:06 pm
Property Features for 81 Ellington St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
- Standard status
- Active
- APN
- W:14 P:01787 S:000,1305089
- Size
- 2,763 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10381
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 3
Listing agent Keller Williams Realty Evolution
Listing office Keller Williams Realty Evolution 301 Edgewater Place, Suite 100, Beverly, MA (781) 395-5600
Listing date May 5, 2026
MLS# 73513065
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triple‑decker built in 1905 with 3 units total; one unit is currently vacant
- Renovations completed over the last several years, including new kitchens, bathrooms, windows/siding, floors, plumbing, and electrical
- Unit mix: Unit 1 is a 2‑bed/1‑bath; Units 2 and 3 are each 3‑bed/1‑bath
- Updates include hardwood floors, shaker cabinetry, stainless steel appliances, recessed lighting, and new bathroom vanities with tile
- Two units are leased (two leases in place) and one unit is vacant
- Located in Dorchester near Franklin Park and the commuter rail station
Overview
This recently renovated triple decker triplex includes three residential units. Unit 1 is a 2-bedroom, 1-bath layout, while Units 2 and 3 are each 3-bedroom, 1-bath apartments. Updates described in the remarks include new kitchens and bathrooms, replacement windows and siding, new flooring, and improvements to plumbing and electrical throughout. Interior finishes include hardwood floors, shaker cabinetry, stainless steel appliances, new vanities and tile in the baths, and recessed lighting.
The property is located at 81 Ellington St in Boston, Massachusetts, in an R3 zoning district. The seller notes the building is convenient to Franklin Park and the commuter rail station, with access to city amenities.
For investors or owner-occupants, the unit mix supports multiple resident profiles, with two units noted as already leased and one unit currently vacant. With the renovation scope covering key building systems and interior finishes, the property may appeal to buyers looking for a turnkey residential income asset with an opportunity to stabilize the remaining vacant unit.
The property is located at 81 Ellington St in Boston, Massachusetts, in an R3 zoning district. The seller notes the building is convenient to Franklin Park and the commuter rail station, with access to city amenities.
For investors or owner-occupants, the unit mix supports multiple resident profiles, with two units noted as already leased and one unit currently vacant. With the renovation scope covering key building systems and interior finishes, the property may appeal to buyers looking for a turnkey residential income asset with an opportunity to stabilize the remaining vacant unit.
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 | $104.4k | $37.80 |
| − Vacancy | −$4.7k | −$1.70 |
| EGI | $99.7k | $36.10 |
| − OpEx | −$29.9k | −$10.83 |
| NOI | $69.8k | $25.27 |
2,763 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$997.4K
$872.7K – $1.16M
NOI $69,819 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$927.3K
$811.4K – $1.08M
NOI $64,909 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,825 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.082149
- Latitude
- 42.301001
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Recently renovated triplex with three units, including one vacant unit, offering a refreshed mix of 2- and 3-bedroom layouts.
Where is this triplex located?
The property is located at 81 Ellington St Boston, MA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Triple‑decker built in 1905 with 3 units total; one unit is currently vacant; Renovations completed over the last several years, including new kitchens, bathrooms, windows/siding, floors, plumbing, and electrical; Unit mix: Unit 1 is a 2‑bed/1‑bath; Units 2 and 3 are each 3‑bed/1‑bath
