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.
Features
: Leased
: Frame
: Tile, Hardwood
: Public Sewer
: Public
: 4
: Unknown
Additional Information
South Boston
4
2025
Active
$719
R3
3
$3,100,000
: Yes
No
New
Address Map
Boston
Massachusetts
Suffolk
02127
W72° 56' 53''
N42° 20' 2.3''
Residential Income
20 Grimes Street, Boston, Massachusetts
12 Bedrooms
9 Bathrooms
2,564 Sqft
$3,100,000
Listing ID #73373831
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $3,100,000
Bedrooms : 12
Rooms : 27
Bathrooms : 9
Half Bathrooms : 2
Square Footage : 2,564 Sqft
Year Built : 1885
Lot Area : 0.06 Acre
Listing ID : 73373831
BathroomsFull : 8