MA > Boston
Boston, MA 02127,20 Grimes Street
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Boston, MA 02127,20 Grimes Street
Boston, MA 02127,20 Grimes Street
Boston, MA 02127,20 Grimes Street
Boston, MA 02127,20 Grimes Street
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Katie Gellenbeck

Katie Gellenbeck

+1(206) 852-2256
$ 3,100,000
Est. payment /mo
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20 Grimes Street Boston, MA 02127

12 Beds

9 Baths

4,313 SqFt

UPDATED:

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

Listed by Burns Realty & Investments
agent

Katie Gellenbeck

Advisor | License ID: 9558572

+1(206) 852-2256

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20 Grimes Street