Deleaded Three-Family with In-Unit
85 Waumbeck Boston, MA 02121
For Sale
$1,399,000
Spacious three-family with updated kitchens, modern baths, and in-unit laundry in every unit.
Property Size4,655 SF
Price / SF$300.54
Days on Market34
Property Features for 85 Waumbeck
General Information
- Standard status
- Active
- Size
- 4,655 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing Agency:
Citywide Realty Group
(617) 953-7699
Listed By:
Sohail Kaisar
(617) 953-7699
Source:
Lockandkeyre
Added: Jun 24
Changed: Jul 23
Last Checked: Jul 24 at 1:03PM
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 Citywide Realty Group
Investment Insights
Based on property information with market context.
Deleaded three-family home offering generous living space with 9 bedrooms and 3 full baths across three units. Units feature updated kitchens with quartz countertops and stainless steel appliances, modern bathrooms, and in-unit laundry in each unit. Recent improvements include new siding, three new rear porches, a newer electrical panel, fresh interior paint, and beautifully refinished hardwood floors.
The first-floor unit is currently leased for immediate income, while the second and third floors can be delivered vacant for owner occupancy or market-rate rentals. The property is conveniently located near public transportation and close to shopping, restaurants, parks, schools, and major commuter routes.
An open house is scheduled for Saturday 12:00 PM–2:30 PM and Sunday 12:00 PM–2:00 PM.
The first-floor unit is currently leased for immediate income, while the second and third floors can be delivered vacant for owner occupancy or market-rate rentals. The property is conveniently located near public transportation and close to shopping, restaurants, parks, schools, and major commuter routes.
An open house is scheduled for Saturday 12:00 PM–2:30 PM and Sunday 12:00 PM–2:00 PM.
Key Highlights
- Spacious 3‑family with 4,655 SF total and 9 bedrooms, 3 full baths (built in 1900).
- Updated kitchens with quartz countertops and stainless steel appliances.
- Modern baths plus in‑unit laundry in every unit.
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 | $176.0k | $37.80 |
| − Vacancy | −$7.9k | −$1.70 |
| EGI | $168.0k | $36.10 |
| − OpEx | −$50.4k | −$10.83 |
| NOI | $117.6k | $25.27 |
4,655 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,629 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$1.56M
$1.37M – $1.82M
NOI $109,355 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $243,996 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Spacious three-family with updated kitchens, modern baths, and in-unit laundry in every unit.
Where is this triplex located?
The property is located at 85 Waumbeck Boston, MA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Spacious 3‑family with 4,655 SF total and 9 bedrooms, 3 full baths (built in 1900).; Updated kitchens with quartz countertops and stainless steel appliances.; Modern baths plus in‑unit laundry in every unit.
