20 Grimes Street new Save Request In-Person Tour Request Virtual Tour
Boston,MA 02127
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 4,313 sqft
Price per Sqft $718
MLS Listing ID 73373831
Bedrooms 12
Full Baths 8
Half Baths 2
Year Built 1885
Annual Tax Amount $26,808
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 3 Family - 3 Units Up/Down
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.
Location
State MA
County Suffolk
Area South Boston
Zoning R3
Direction W 8th Street --> Grimes Street
Interior
Flooring Tile,Hardwood
Exterior
Garage Spaces 4.0
Fence Fenced/Enclosed
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Stable(s),Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Waterfront Description Beach Front,1/2 to 1 Mile To Beach
Total Parking Spaces 4
Garage Yes
Building
Story 9
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false