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Home Massachusetts Mission Hill Multi-Family Homes for Sale

781 Parker Street Boston, MA 02120
Open House: Thu 5/15 12:00 PM
40
781 Parker Street, Boston, MA 02120
View Map
$2,750,000
3 Unit
10 Beds
6 Baths
3717 SQFT
0.08 Acre

Property Description

Fully renovated three-family in Boston’s highly sought-after Mission Hill, just 0.3 miles to the Orange Line and minutes to the Green Line, 39 & 66 buses. Steps from the Longwood Medical Area and top universities—Northeastern, Wentworth, MCPHS, MassArt, and Simmons—ensuring strong, stable rental demand. Starting 9/1/25, gross rent will be $16,500/month, with a projected 6.7% cap rate by 9/1/26. Unit 1 is a 4 bed, 2 bath duplex with dual living rooms. Unit 2 offers 3 beds and 1.5 baths with an open layout. Unit 3 is a top-floor 3 bed, 2 bath with vaulted ceilings and exceptional natural light. All units feature quartz counters, stainless steel appliances, glass-enclosed tiled baths, recessed lighting, central HVAC, and hardwood floors. A shared patio provides valuable outdoor space. With no deferred maintenance, high-end finishes, and a prime transit-oriented location, this is a true turnkey asset—ideal for investors or 1031 buyers. Leases in place through 8/31/26. Proforma Available.
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Partially Finished
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 198000
  • Net Operating Income: 198000

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73373801
  • Last Updated: 05/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/13/2025New$2,750,000$740MLSPIN

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Seller's Representative: Mission Realty Advisors, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-14 18:35:00

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