5-9 Family at 124-128R Terrace St, Boston MA 02120
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27 photos

$3,250,000

124-128R Terrace St, Boston MA 02120
Boston, MA 02120
Listed by Matthew O Hara
Bedrooms
14
Bathrooms
8
Living area
5,737 sqft
Year built
1880

About this home

Call for offers - 110-128R Terrace Street is an 18,000 sqft site which is ZBA approved for 79 residential apartments with first floor retail and garage parking. $4.99M with ZBA approvals. The site is comprised of 5 parcels. This listing is three continguous residential buildings at 124, 126 & 128R Terrace, listed for $3.25M and is a 3 family with TAW, a 3 fam which is already vacant and a single family with a TAW. Being sold with MLS# 73581797, which is a corner commercial building at 110-118 Terrace St that has 2 TAW businesses, both aware of the development/preparing to vacate & the adjacent 3539 sqft lot, considered 120 Terrace St. The asking price for just the real estate as is, $4.79M. Ask agent for details and planned development context map for Terrace St.

Property details

MLS
MLS Property Information Network
MLS #
73581795
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
30
On market date
September 23, 2026
Stories
6
Total bathrooms
8
Garage spaces
2
Parking spaces
4
Lot size
0.09 acres
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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.

Elementary
Maurice J Tobin
0.35 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
401
Student:teacher ratio
11.5:1
District
Boston
Middle
James P Timilty Middle
0.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
205
Student:teacher ratio
8.2:1
District
Boston
High
Fenway High School
0.19 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
384
Student:teacher ratio
12.8:1
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).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies17

Market position

How this listing compares to current activity in Boston, from live MLS data.

On the market 30 days -- 94 fewer days than Boston's current average of 124 days.
For reference, the median list price across 8,974 active listings in Boston right now is $85,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$19,722/mo
$650,000 down
$2,600,000 loan
Principal & interest$16,864
Property tax (est.)$2,708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 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.