Three-Unit Freestanding
839 E Second St, Boston, MA 02127
For Sale
$2,549,000
Three separate residences each offer two bedrooms, two baths, and in-unit laundry.
Property Size3,834 SF
Lot Size0.07 Acres
Price / SF$664.84
Days on Market14
Property Features for 839 E Second St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
decks
yard
Building Details
Building Size
Year Built
Buildings
Listing Agency:
ERA Key Realty Services
(617) 932-7020
Listed By:
Mary McCarthy Collins
(617) 759-8696
Source:
Iverty
Added: Oct 25
Changed: Nov 7
Last Checked: Nov 7 at 4:59AM
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 ERA Key Realty Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2009, this freestanding triplex contains three residences and 3,834 square feet of living space on a 3,125-square-foot lot. Each unit has an open kitchen, dining, and living area, two bedrooms, two baths, and a laundry closet. The first unit also includes a family room and direct garage access. Decks and a large yard provide additional outdoor space, with drive-in parking on the property.
Independence Park is a three-minute walk away, and the beach is five minutes on foot. Castle Island is also a short walk, while bus lines are one block from the property. Shopping, dining, and other amenities are within walking distance; the Seaport, the Pike, and the highway are accessible nearby.
The property is offered for the first time, will be delivered vacant, and is being sold as-is at closing.
Independence Park is a three-minute walk away, and the beach is five minutes on foot. Castle Island is also a short walk, while bus lines are one block from the property. Shopping, dining, and other amenities are within walking distance; the Seaport, the Pike, and the highway are accessible nearby.
The property is offered for the first time, will be delivered vacant, and is being sold as-is at closing.
Key Highlights
- Three residences in a freestanding structure built in 2009
- 3,834 square feet of living space on a 3,125‑square‑foot lot
- Each unit has 2 bedrooms, 2 baths, open living, kitchen and dining areas, and a laundry closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,882
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,937,640
$1.9M
Cap Rate 7%
$1,384,029
$1.4M
Cap Rate 9%
$1,076,467
$1.1M
Market Conditions
NOI Build-Up for 3,834 SF
Gross rent
$144.9K $37.80/SF
− Vacancy
−$6.5K −$1.70/SF
EGI
$138.4K $36.10/SF
− OpEx
−$41.5K −$10.83/SF
NOI
$96.9K $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%
$1,937,640
Cap Rate 7%
$1,384,029
Cap Rate 9%
$1,076,467
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,882 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.50M
NOI $90,068 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,963 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
Explore this area
Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Boston, MA
Properties on Market for Triplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences each offer two bedrooms, two baths, and in-unit laundry.
Where is this triplex located?
The property is located at 839 E Second St Boston, MA.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Three residences in a freestanding structure built in 2009; 3,834 square feet of living space on a 3,125‑square‑foot lot; Each unit has 2 bedrooms, 2 baths, open living, kitchen and dining areas, and a laundry closet
