20 Grimes Street, Boston, MA 02127

$3,000,000
12
BD
10
BA
4,313
SqFt

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Sold Price
$3,000,000
List Price
$3,100,000
Status
SOLD
MLS#
73373831
Bedrooms
12
Bathrooms
10
Full Baths
8
Half Baths
2
Living Area
4,313
Lot Size (Acres)
0.06
Year Built
1885

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.

Additional Information

Area
South Boston
Taxes
$26,808
Parking Description
Leased
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Adam Burns from Listing Office: Burns Realty & Investments.

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