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INVESTMENT SNAPSHOT
About this property
Excellent investment opportunity! This fully occupied three-family property offers immediate cash flow with **$9,500/month** in rental income. All three units feature **3 bedrooms and 1 full bathroom** with spacious, functional layouts that consistently attract tenants. Units are occupied through housing voucher programs, providing stable tenancy, with Unit 3 under lease through **9/30/2026**. Freshly painted in **2025**, the property has been well maintained and features separate utilities with **3 gas meters, 4 electric meters (including a common panel), and three gas forced-air heating systems**. Additional amenities include hardwood floors, shared basement laundry, front and rear porches, a common backyard, and on-street parking. Conveniently located near shopping, restaurants, public transportation, and major commuter routes, this turnkey asset is an excellent opportunity for investors seeking reliable cash flow and long-term value. **48-hour notice required for all showings.**
Property details
| Units | 3 |
| Living area | 3,369 sqft |
| Lot size | 2,282 sqft |
| Year built | 1905 |
| Price / sqft | $341 |
| County | Suffolk |
| MLS # | 73553914 |
Listing status
| Days on market | 4 days |
| Listed on | July 23, 2026 |
Taxes & financials
| Annual property tax | $10,703 |
| Tax year | 2025 |
| Assessed value | $924,300 |
| Zoning | R3 |
| Gross income (actual) | $114,000/yr |
| Net operating income (actual) | $114,000/yr |
| Total actual rent | $9,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Basement | Full |
| Foundation | Granite |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
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Listing courtesy of a MLS PIN member office. 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 109 Capen St, Boston MA 02124 have?
It is a 3-unit multi-family property with 3,369 sqft of living area, built in 1905.
How long has 109 Capen St, Boston MA 02124 been on the market?
109 Capen St, Boston MA 02124 has been listed for 4 days (since July 23, 2026).
What is the price per unit?
At a list price of $1,150,000 across 3 units, that works out to roughly $383,333 per unit.
What are the property taxes on 109 Capen St, Boston MA 02124?
Annual property taxes are $10,703 (2025), on an assessed value of $924,300.
What is the price per square foot?
At $1,150,000 for 3,369 sqft, that's about $341 per square foot.
Is there parking?
1 total parking space.
Where is this property located?
109 Capen St, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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