$1,449,000
About this home
Strong cash-flowing investment opportunity in the Mount Bowdoin/Grove Hall neighborhood. Current 7.9 cap rate with gross annual rental income of ~$130,000 and long-term tenants in place. Units can be delivered vacant, or with leases through July 2027. Property features separately metered gas and electric, lead compliance certificates, washer/dryer hookups for each unit in the basement, and a driveway for off-street parking. A few doors down from the charming Barry Street community garden. Recent development in the area include a condo development on abutting property at 52 Bellevue Street, and upcoming proposed 14 unit new development just a few doors down at 427 Quincy Street. Unique Value Proposition: Potential to add a fourth unit, offering additional upside for investors.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73590937
- Property type
- 3 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- October 14, 2026
- Stories
- 4
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 3
- Lot size
- 0.08 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 663
- Student:teacher ratio
- 14.1:1
- District
- Boston
- Enrollment
- 340
- Student:teacher ratio
- 8.1:1
- District
- Boston
- Enrollment
- 490
- Student:teacher ratio
- 10.7:1
- District
- Boston
Walkability
Blended score for Boston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Boston, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.