8 Colonial Ave, Boston, MA 02124
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$1,200,000
3 Unit
8 Beds
3 Baths
3469 SQFT
0.09 Acre

Property Description

Turnkey 3-family in the heart of Codman Square — fully tenanted & cash-flowing from day one! This meticulously renovated triple-decker offers two 3BR units & one 2BR unit generating $8,425/mo in current gross income with a clear path to $9,400/mo at market rents. Over $195,000 in capital improvements including lifetime metal roof, 400-amp electrical upgrade, HVAC mini splits, new kitchens & flooring, updated plumbing & refinished hardwoods. Lead certificates in hand — no delays, no surprises. Ideal for investors seeking strong in-place income or an owner-occupant looking to live affordably while the other units pay the mortgage. Codman Square offers unbeatable convenience — walk to MBTA Commuter Rail (Talbot Ave) with direct access to South Station, surrounded by shops, dining & services with continued neighborhood appreciation. A rare, move-in ready opportunity in one of Boston's most connected and high-upside neighborhoods. Do not disturb tenants.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 101100
  • Gross Expenses: 3647
  • Electric Expenses: 260
  • Water/Sewer: 2187
  • Miscellaneous Expense: 1200
  • Net Operating Income: 97453

Utilities

  • Utility Connections: for Electric Oven, for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1895
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Metal
  • Flooring Type: Hardwood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73513091
  • Last Updated: 05/06/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/05/2026New$1,200,000$346MLSPIN
12/18/2024Sold$890,000$257MLSPIN
11/01/2024Under Agreement$1,099,000$317MLSPIN
10/18/2024Contingent$1,099,000$317MLSPIN
10/16/2024Price Change$1,099,000$317MLSPIN
09/23/2024Active$1,195,000$344MLSPIN
09/19/2024Price Change$1,195,000$344MLSPIN
09/19/2024Price Change$1,995,000$575MLSPIN
09/12/2024Active$1,075,000$310MLSPIN
09/08/2024New$1,075,000$310MLSPIN
04/17/2024Canceled$1,199,000$346MLSPIN
04/11/2024Active$1,199,000$346MLSPIN
04/07/2024Price Change$1,199,000$346MLSPIN
03/24/2024Active$1,350,000$389MLSPIN
03/20/2024New$1,350,000$389MLSPIN
02/26/2024Canceled$1,199,000$346MLSPIN
02/26/2024Active$1,199,000$346MLSPIN
02/22/2024New$1,199,000$346MLSPIN

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Seller's Representative: The Avenue, Serhant
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-06 03:30:00

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