$3,100,000 ($718.76 per sqft)

Est. Mortgage $15,880/mo *

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20 Grimes Street, Boston, (South Boston), MA, 02127

20 Grimes Street, Boston, (South Boston), MA, 02127
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27 rooms

12 beds

8 Full / 2 Half baths

1885

4,313 sqft

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.

Status:

Active

Town:

Boston

Type:

Multi-family

Units:

3

Zoning:

R3

Garage:

4-car

Levels:

9

Parking:

4-car, Leased

Acreage:

0.06

Est. Taxes:

$26,808

Assessment

$2,315,000

Construction

Frame

Amenities:

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

MLS #:

73373831

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Adam Burns, Burns Realty & Investments