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3-Unit Triple-Decker with Parking

95 Franklin Street Boston, MA 02134

95 Franklin Street, Boston, MA, 02134
$1,398,000
For Sale
$1,398,000

3-family property features a front entry stairwell with three 3-bedroom units and each has a rebuilt porch.

Property Size3,594 SF
Price / SF$388.98
Days on Market38

Property Features for 95 Franklin Street

General Information

Standard status
Active
Size
3,594 SF
Property subtype
Multi-family

Building Details

Year Built
1910
Listing agency Compass
Listed by Lewis Carroll Team
Source Wilsonwolfe
Added: Jun 15 Updated: Jul 21 at 8:07AM Checked: Jul 22 at 6:31AM

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 Compass


Investment Insights

Based on property information with market context.

95 Franklin Street is a 3-family triple-decker featuring a front entry stairwell that provides access to all three units. Each unit offers three bedrooms and one bathroom, with a spacious living room, an updated eat-in kitchen with dishwasher and pantry, and a large central foyer. The property includes rebuilt front porches, along with newer furnaces and hot water heaters.

The home is positioned in Lower Allston near Harvard Square, Boston Landing, and the Mass Pike, with convenient access to Harvard Business School, local cafes and restaurants, parks, and public transportation.

This configuration supports straightforward owner-occupancy or rental use, with consistent unit layouts across the three 3-bedroom apartments.

Key Highlights

  • 3‑family triple‑decker on 95 Franklin Street with a front entry stairwell serving three 3‑bedroom units
  • Each unit includes 3 bedrooms and 1 bathroom, with a spacious living room and a large central foyer
  • Updated eat‑in kitchens in each unit feature dishwashers and pantries

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 $135.9k $37.80
− Vacancy −$6.1k −$1.70
EGI $129.7k $36.10
− OpEx −$38.9k −$10.83
NOI $90.8k $25.27
3,594 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,818 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,430 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M (±1% cap)
NOI $188,383 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Nail Salon Food Market Hair Salon Accounting Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - 3-family property features a front entry stairwell with three 3-bedroom units and each has a rebuilt porch.
Where is this triplex located?
The property is located at 95 Franklin Street Boston, MA.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: 3‑family triple‑decker on 95 Franklin Street with a front entry stairwell serving three 3‑bedroom units; Each unit includes 3 bedrooms and 1 bathroom, with a spacious living room and a large central foyer; Updated eat‑in kitchens in each unit feature dishwashers and pantries
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