Three-Family Home with Great
855 Saratoga Street Boston, MA 02128
855 Saratoga Street, Boston, MA, 02128
$949,900
For Sale
$949,900
Spacious three-family home in a convenient location with separate utilities.
Property Size2,925 SF
Price / SF$324.75
Days on Market63
Property Features for 855 Saratoga Street
General Information
- Standard status
- Active
- Size
- 2,925 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1900
Listing Agency
Century 21 Mario Real Estate
(617) 569-6044
Listed by
Joseph Mario · License #91869
(617) 569-6044
Source
Compass
Added: May 16 Checked: Jul 17 at 5:54 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 Century 21 Mario Real Estate
Investment Insights
Based on property information with market context.
This is a three-family home situated in a convenient location. The property includes separate utilities for each unit (4-5-5). It features large decks and a yard. The property size is 2925 square feet. The building requires flood insurance, with an approximate annual cost of $2750. The second and third floor units share one hot water tank, while there is another separate hot water tank. The sale is subject to the seller finding suitable housing.
Key Highlights
- Three‑family property offering income potential
- Separate utilities for each unit (4‑5‑5)
- Convenient location
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 | $110.6k | $37.80 |
| − Vacancy | −$5.0k | −$1.70 |
| EGI | $105.6k | $36.10 |
| − OpEx | −$31.7k | −$10.83 |
| NOI | $73.9k | $25.27 |
2,925 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$923.9K – $1.23M
NOI $73,913 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$981.6K
$858.9K – $1.15M
NOI $68,714 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,317 @ 7.0% cap · market cap 16.14%
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 - Spacious three-family home in a convenient location with separate utilities.
Where is this triplex located?
The property is located at 855 Saratoga Street Boston, MA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Three‑family property offering income potential; Separate utilities for each unit (4‑5‑5); Convenient location
