Boston MA Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
9
Lot size:
0.05 Acres
Year built:
1920
Baths:
7.00
MLS#:
73308669

ADDITIONAL INFORMATION

Don’t miss this rare opportunity to own a gut-renovated four-family investment property in Boston’s coveted South End. This historic brick row house features four never-lived-in units, offering the potential to achieve superior rents. The building includes two 2-bed/1-bath apartments, one 2-bed/2-bath apartment, and a massive 3 bed/2.5-bath penthouse duplex, with an additional loft level. Extensive renovations, featuring brand new utilities and mechanical systems, provide investors with the assurance that their property is well-equipped for long-term success. Private outdoor space, in-unit laundry, and central heating and cooling make this property stand out among comparable rental options. An easy condo-conversion alternative also provides investors with the option to sell as condos in the future. Ideally located near universities, public transportation, and the city’s best amenities, 577 Mass Ave is truly a prime investment opportunity.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.03 Acres
Year built:
1900
Baths:
3.00
MLS#:
73306187

ADDITIONAL INFORMATION

A three-unit multifamily home in Roxbury. This property must have all three units rented under the BPDA/BRA Inclusionary Development Policy (IDP). The units cannot be owner-occupied, and renters must be approved through a BPDA lottery conducted after the sale of the building. Unit 1 is a two-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,033. Unit 2 is a three-bedroom unit eligible for rental at 60% AMI, with a current maximum rent of $1,678, and is currently rented at $1,600 per month. Unit 3 is a three-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,280. The property is listed below market value, and rental restrictions are in effect until July 31, 2038.

Open House:

Saturday, 11/9 12:00-2:00PM

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.03 Acres
Year built:
1899
Baths:
6.00
MLS#:
73297296

ADDITIONAL INFORMATION

Fantastic Four Unit Brick “Brownstone” Opportunity in Boston’s Historic South End! This building retains period charm with original marble mantles, a high “parlor level” ceiling, and original molding details. There is laundry and working fireplaces in every unit, all units have private outdoor space including a private roof deck with city views, back decks, and a large back yard. This building was fully leased just prior to coming to market, with an outstanding, long term rental history. This offering presents the opportunity for a condo or single family conversion, owner occupancy, or value add updates to maintain this generational rental asset. Amazing location on quiet, tree lined Milford St. in the highly desirable “8 Streets” neighborhood, yet still right in the Heart of the Vibrant South End. A short distance to all that Downtown Boston has to offer. Do not miss this exceptional opportunity in one of the nation’s outstanding neighborhoods and sought after real estate markets!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.04 Acres
Year built:
1899
Baths:
7.00
MLS#:
73285552

ADDITIONAL INFORMATION

523 Columbus Avenue represents the opportunity to acquire an extremely rare brownstone asset in Boston’s highly coveted South End neighborhood. The property consists of 7 condominium units that feature stately finishes such as hardwood floors, high ceilings, original fireplaces, custom woodwork, and superior window lines with city views. The units range from studio through two bedroom units, and the asset improved by two private off-street parking spaces in the rear of the building. Although currently operating as a multifamily rental building, all 7 units at 523 Columbus are individually deeded as condominiums, allowing investors or owner occupiers the benefit of optionality. Additionally, 523 Columbus offers a value-add business plan through common area upgrades and light in unit renovations.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.



Boston Real Estate

The median home value in Boston, MA is $656,500. This is higher than the county median home value of $637,000. The national median home value is $338,100. The average price of homes sold in Boston, MA is $656,500. Approximately 31.48% of Boston homes are owned, compared to 59.04% rented, while 9.48% are vacant. Boston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Boston real estate agent to arrange a tour today!

Boston, Massachusetts 02118 has a population of 672,814. Boston 02118 is less family-centric than the surrounding county with 20.53% of the households containing married families with children. The county average for households married with children is 23.74%.

The median household income in Boston, Massachusetts 02118 is $81,744. The median household income for the surrounding county is $80,260 compared to the national median of $69,021. The median age of people living in Boston 02118 is 32.6 years.

Boston Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 47.4 inches per year, with 48.1 inches of snow per year.

Boston Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    102
    30-day change

Boston Schools and Demographics

Education near Boston, MA

Metric City County
High School Graduates 88.16 87.01
College Degree - 2 year 4.66 4.87
College Degree - 4 year 52.14 48.14
Graduate Degree 15.66 14.26
Expenditures per Student 29,396 29,396
Students per Teacher 11.3 11.3

Elementary Schools near Boston, MA

School Grades Students P/T Ratio ZIP
Blackstone PK - 05 601 14 02118
Boston Renaissance Charter Public School PK - 06 944 12.4 02136
Curley K-8 School PK - 08 876 13.5 02130
David A Ellis PK - 05 430 14.9 02119
Edison K-8 PK - 08 779 12.9 02135
Ellis Mendell PK - 05 242 11.7 02119
Haynes Early Education Center PK - 01 178 12.1 02119
Higginson PK - 02 173 11.4 02119
Higginson/Lewis K-8 PK - 08 416 13.2 02119
Jackson Mann PK - 08 749 13.5 02134
James Condon Elementary School PK - 05 799 14 02127
Joseph J Hurley PK - 08 342 15.6 02118
Josiah Quincy PK - 05 789 13.5 02111
Mario Umana Academy KG - 08 780 13.9 02128
Nathan HALE PK - 05 176 18.4 02119
Orchard Gardens PK - 08 837 13.1 02119
Rafael Hernandez PK - 08 422 17.8 02119
Richard J Murphy PK - 08 882 15.2 02122
Samuel W Mason PK - 05 242 12.8 02119
Up Academy Holland PK - 05 720 10.9 02121

Middle Schools near Boston, MA

School Grades Students P/T Ratio ZIP
Boston Middle School Academy 07 - 08 8 1.1 02127
Clarence R Edwards Middle School 06 - 08 416 11.2 02129
James P Timilty Middle School 06 - 08 486 11.8 02119
John W McCormack 06 - 08 596 11 02125
Lilla G. Frederick Middle School 06 - 08 552 13.1 02121
Mildred Avenue K-8 04 - 08 382 10.5 02126
Washington Irving Middle School 06 - 08 354 9 02131
Wm B Rogers Middle School 06 - 08 348 9.9 02136

High Schools near Boston, MA

School Grades Students P/T Ratio ZIP
Boston Latin Academy 07 - 12 1,723 17.7 02121
Boston Latin School 07 - 12 2,439 20.5 02115
Brighton High School 09 - 12 974 12.1 02135
Carter Developmental Center 07 - 12 30 6 02118
Charlestown High School 09 - 12 962 11 02129
East Boston High School 09 - 12 1,522 14.3 02128
Excel High School 09 - 12 538 11.5 02127
Jeremiah E Burke High 09 - 12 539 15.2 02121
O'Bryant School Math/Science 07 - 12 1,415 16.9 02120
Snowden International School At Copley 09 - 12 389 11.1 02116
The English High School 09 - 12 559 8 02130
West Roxbury Academy 09 - 12 579 11.6 02132

Ungraded Schools near Boston, MA

School Grades Students P/T Ratio ZIP
* Another Course To College 09 - 12 236 10.2 02135
* Boston Adult Academy 11 - 12 191 10 02116
* Boston Arts Academy 09 - 12 441 9.3 02215
* Fenway High School 09 - 12 328 14 02215
* Madison Park High 09 - 12 921 8.1 02120
* New Mission High School 09 - 12 301 10.8 02136
Boston Collegiate Charter School 05 - 12 688 11.7 02125
Boston Green Academy Horace Mann Charter School 06 - 12 393 11.2 02135
Boston Preparatory Charter Public School 06 - 12 391 11.8 02136
Dearborn 06 - 10 273 9.8 02121
Dr. William Henderson Upper 05 - 11 361 9.6 02124
Horace Mann School for the Deaf PK - 12 107 2.7 02134
Margarita Muniz Academy 09 - 11 229 10.1 02130
Quincy Upper School 06 - 12 497 11.8 02116
Techboston Academy 06 - 12 985 10.2 02124
William McKinley KG - 12 381 7.1 02116

Demographics near Boston, MA 02118

Metric Zip Code City
Neighborhood Type Inner City
Population 672,814 792,647
Population Density 13,920 13,609
Median Age 32.6 33.3
People per Household 2.3 2.4
Median Household Income 81,744 80,260
Average Income per Capita 50,344 47,916