Renovated Triplex with Private
New
For Sale
$4,899,999
909 E Broadway, Boston, MA 02127
Three occupied residences feature open living areas, in-unit laundry, and central air conditioning.
Property Size6,200 SF
Price / SF$816.67
Days on Market2
Property Features for 909 E Broadway
General Information
Standard status
Active
Size
6,200 SF
Property subtype
Multifamily
Occupancy
100%
Site & Location
Neighborhood
South Boston
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$37,915
Amenities
stainless steel appliances
custom cabinets
quartz countertops
recessed lighting
wine fridges
in suite laundry rooms
central air conditioning
hardwood floors
expansive decks
high efficiency systems
Building Details
Building Size
6,200 SF
Year Built
1905
Tenancy
Multi
Listing Agency:
Boston Hub Real Estate
Listed By:
Joseph Firicano
(781) 254-5791
Source:
Classifiedrealtygroup
Added: Oct 28
Last Checked: Oct 28 at 3:10PM
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 Hub Real Estate
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Investment Insights
Based on property information with market context.
This renovated triplex contains three residences with more than 6,000 square feet of living space, including 13 bedrooms and 15 bathrooms. Open kitchen, dining, and living areas connect to expansive decks. Kitchens are equipped with stainless steel appliances, custom cabinetry, quartz countertops, recessed lighting, and wine refrigerators. Each residence also has in-unit laundry, central air conditioning, hardwood floors, and a separate high-efficiency mechanical system.
The property is located steps from the beach in South Boston’s waterfront neighborhood. All three residences are occupied and have lease agreements in place. The building dates to 1905.
The property is located steps from the beach in South Boston’s waterfront neighborhood. All three residences are occupied and have lease agreements in place. The building dates to 1905.
Key Highlights
- Three residences with more than 6,000 square feet of living space
- 13 bedrooms and 15 bathrooms across the property
- Open kitchen, dining, and living areas with expansive decks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,616
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,032,320
$3.0M
Cap Rate 7%
$2,165,943
$2.2M
Cap Rate 9%
$1,684,622
$1.7M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$226.8K $37.80/SF
− Vacancy
−$10.2K −$1.70/SF
EGI
$216.6K $36.10/SF
− OpEx
−$65.0K −$10.83/SF
NOI
$151.6K $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%
$3,032,320
Cap Rate 7%
$2,165,943
Cap Rate 9%
$1,684,622
Alternative Uses
Best Use
Multifamily LT 5
$2.17M
$1.90M – $2.53M
NOI $151,616 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$2.01M
$1.76M – $2.35M
NOI $140,952 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,496 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences feature open living areas, in-unit laundry, and central air conditioning.
Where is this triplex located?
The property is located at 909 E Broadway Boston, MA.
What is the asking price?
The asking price for this property is $4,899,999.
What are key features of this property?
This property features: Three residences with more than 6,000 square feet of living space; 13 bedrooms and 15 bathrooms across the property; Open kitchen, dining, and living areas with expansive decks
