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INVESTMENT SNAPSHOT
About this property
Location, location!!! Don't miss out on this oversized multi-family residence at 23 Lawrence Ave, in Boston's Roxbury / Grove Hall neighborhood. This property is conveniently located minutes to the commuter rail and bus stop, making it a quick commute to Downtown Boston as well as the BMC Medical Campus and the Longwood Medical Campus, not to mention all of the well renowned universities in Boston. It is also a nice walk or a quick drive to the newly revitalized South Bay Shopping Plaza and Franklin Park, where you'll enjoy Golfing, Walking Trails, Tennis and the famous Franklin Park Zoo. This building has a partially finished basement with adequate egresses making it an easy ADU project. There's hard wood flooring in all units underneath the existing carpet.These units are all under market rent and have leases ending in 2026. The market rate for a four bedroom in this area is between $3700-$4000 depending on condition and amenities.
Property details
| Units | 3 |
| Living area | 4,297 sqft |
| Lot size | 5,860 sqft |
| Year built | 1900 |
| Price / sqft | $321 |
| County | Suffolk |
| MLS # | 73477175 |
Listing status
| Days on market | 90 days |
| Listed on | February 18, 2026 |
Taxes & financials
| Annual property tax | $9,085 |
| Tax year | 2025 |
| Assessed value | $609,600 |
| Zoning | R3 |
| Gross income (actual) | $116,148/yr |
| Net operating income (actual) | $116,148/yr |
| Total actual rent | $9,679/mo |
Building & lot
| Stories | 3 |
| Total rooms | 20 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Partially Finished, Walk-Out Access, Interior Entry, Concrete |
| Foundation | Stone |
| Construction | Frame |
| Flooring | Carpet |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Oven |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of Fort Hill Brokerage Group — Liana Williams. 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 23 Lawrence Ave, Boston MA 02121 have?
It is a 3-unit multi-family property with 4,297 sqft of living area, built in 1900.
How long has 23 Lawrence Ave, Boston MA 02121 been on the market?
23 Lawrence Ave, Boston MA 02121 has been listed for 90 days (since February 18, 2026).
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 5.6%, with a Signal Score of 91/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,379,000 across 3 units, that works out to roughly $459,667 per unit.
What are the property taxes on 23 Lawrence Ave, Boston MA 02121?
Annual property taxes are $9,085 (2025), on an assessed value of $609,600.
What is the price per square foot?
At $1,379,000 for 4,297 sqft, that's about $321 per square foot.
Where is this property located?
23 Lawrence Ave, Boston MA 02121 is in Boston, Suffolk County, MA 02121.
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