Property Description

Exceptional opportunity to own a turn-key 3-unit multifamily asset in one of Boston’s most sought-after neighborhoods. This well-maintained property delivers strong in-place income and a 6% cap rate, ideal for investors seeking immediate cash flow with long-term growth potential. Each unit features 4 bedrooms with modern finishes and consistent rental history. The building sits above 4 garage parking spaces—an increasingly rare and valuable amenity in South Boston. Perfectly located near public transportation, restaurants, shops, and major commuter routes, this property benefits from strong tenant demand and low vacancy. An ideal addition to any investment portfolio.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 9
  • Total Bedrooms: 12
  • Total Full Baths: 8
  • Total Half Baths: 2
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 241800
  • Gross Expenses: 55645
  • Net Operating Income: 186155

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 3

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1885
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73373831
  • Last Updated: 05/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/13/2025New$3,100,000$719MLSPIN

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Seller's Representative: Adam Burns, Burns Realty & Investments
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 2025-05-13 14:57:00

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