Three-Unit Residential
For Sale
$1,999,999
922 E 4th St, Boston, MA 02127
The three-unit property is slated for delivery vacant.
Property Size4,098 SF
Price / SF$488.04
Days on Market26
Property Features for 922 E 4th St
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
ready for some updates
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$24,299
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Peggy Buresh
(781) 308-1250
Source:
Exprealty
Added: Sep 25
Changed: Oct 19
Last Checked: Oct 19 at 2:50PM
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 eXp Realty LLC - Corporate Office
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family residential property is configured as a triplex and will be delivered vacant. Updates are needed, and the property has been held by the same family for more than 45 years. There is no parking space on the property.
Public transportation, a highway, the beach, and restaurants are identified nearby; the highway, beach, and restaurants are described as minutes away.
Public transportation, a highway, the beach, and restaurants are identified nearby; the highway, beach, and restaurants are described as minutes away.
Key Highlights
- Three‑family triplex to be delivered vacant
- No parking space on the property
- Family‑owned for over 45 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,554
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,071,080
$2.1M
Cap Rate 7%
$1,479,343
$1.5M
Cap Rate 9%
$1,150,600
$1.2M
Market Conditions
NOI Build-Up for 4,098 SF
Gross rent
$154.9K $37.80/SF
− Vacancy
−$7.0K −$1.70/SF
EGI
$147.9K $36.10/SF
− OpEx
−$44.4K −$10.83/SF
NOI
$103.6K $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%
$2,071,080
Cap Rate 7%
$1,479,343
Cap Rate 9%
$1,150,600
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.29M – $1.73M
NOI $103,554 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$1.38M
$1.20M – $1.60M
NOI $96,270 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$3.07M
$2.69M – $3.58M
NOI $214,801 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
462
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The three-unit property is slated for delivery vacant.
Where is this triplex located?
The property is located at 922 E 4th St Boston, MA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Three‑family triplex to be delivered vacant; No parking space on the property; Family‑owned for over 45 years
