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INVESTMENT SNAPSHOT
About this property
Motived Seller! Unlock incredible potential with this 3-family residence, perfectly suited for those looking to owner-occupy or a seasoned investor. The first floor will be delivered vacant, offering the rare and immediate opportunity to move in or capitalize on market rents. Surrounded by new developments, this area is signaling a rapid upward trend in equity and neighborhood appreciation. The real game-changer is the basement with 7ft+ ceilings, offering a prime opportunity for an ADU conversion to add a fourth unit in a high-demand area. Currently, the occupied units provide strong rental income, offering immediate income flow while you build equity. With the heating systems and water heaters already well-maintained, a few cosmetic updates to the upper units will bring this property to its full potential. Complete with a rare private driveway providing off-street parking for 4+ cars, this property is the perfect opportunity for those who recognize location and future upside.
Property details
| Units | 3 |
| Living area | 4,413 sqft |
| Lot size | 4,000 sqft |
| Year built | 1905 |
| Price / sqft | $283 |
| County | Suffolk |
| MLS # | 73486845 |
Listing status
| Days on market | 78 days |
| Listed on | March 15, 2026 |
Taxes & financials
| Annual property tax | $13,368 |
| Tax year | 2025 |
| Assessed value | $1,154,400 |
| Zoning | R3 |
| Gross income (actual) | $79,800/yr |
| Net operating income (actual) | $79,800/yr |
| Total actual rent | $7,800/mo |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Construction | Stone |
| Flooring | Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator |
Location
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Listing courtesy of Thumbprint Realty, LLC — Chantae Turner. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 1023-A Blue Hill Ave, Boston MA 02124 have?
It is a 3-unit multi-family property with 4,413 sqft of living area, built in 1905.
How long has 1023-A Blue Hill Ave, Boston MA 02124 been on the market?
1023-A Blue Hill Ave, Boston MA 02124 has been listed for 78 days (since March 15, 2026).
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 6.2%, with a Signal Score of 94/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,250,000 across 3 units, that works out to roughly $416,667 per unit.
What are the property taxes on 1023-A Blue Hill Ave, Boston MA 02124?
Annual property taxes are $13,368 (2025), on an assessed value of $1,154,400.
What is the price per square foot?
At $1,250,000 for 4,413 sqft, that's about $283 per square foot.
Is there parking?
4 total parking spaces (paved drive).
Where is this property located?
1023-A Blue Hill Ave, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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