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.
This property sold for 3.2% below the original asking price.
With only 22 days on market, this was a quick sale compared to typical market conditions.
South Boston
20 Grimes Street, Boston MA 02127
Boston, MA 02127
School information not available
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/09/2025 | ✓ Sold | $3,000,000 | - | - | Property sold |
| 05/13/2025 | 🏠 Listed for Sale | $3,100,000 | - | - | Original listing |
Finding comparable properties...
