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INVESTMENT SNAPSHOT
About this property
Turnkey investment in the heart of Fields Corner! A very well maintained & completely renovated three family delivering three identical 4-bed/2-bath units, each with in-unit laundry. Unit 1 will be delivered vacant - live in one unit, rent the others. Great opportunity for a seasoned investor or owner occupant! The property produces a strong annual rent roll and excellent cash flow from day one. Set in one of Boston's most diverse and dynamic neighborhoods, it sits just steps from the MBTA Red Line Fields Corner Station - a direct ride to South Station, Downtown Crossing, and Cambridge - with walkable access to Dorchester Avenue's celebrated restaurant corridor, local shops, parks, and quick highway connections. A true plug-and-play asset combining great quality, strong in-place income, and an unbeatable transit-rich location with consistent rental demand. Don't miss this rare opportunity!
Property details
| Units | 3 |
| Living area | 4,302 sqft |
| Lot size | 4,638 sqft |
| Year built | 1901 |
| Price / sqft | $348 |
| County | Suffolk |
| MLS # | 73529600 |
Listing status
| Days on market | 4 days |
| Listed on | June 3, 2026 |
Taxes & financials
| Annual property tax | $13,087 |
| Tax year | 2025 |
| Assessed value | $1,130,100 |
| Zoning | R3 |
| Gross income (actual) | $91,500/yr |
| Net operating income (actual) | $91,500/yr |
| Total actual rent | $7,625/mo |
Building & lot
| Stories | 3 |
| Total rooms | 24 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, On Street |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of Douglas Elliman Real Estate - The Sarkis Team — The Sarkis Team. 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 349 Adams St, Boston MA 02122 have?
It is a 3-unit multi-family property with 4,302 sqft of living area, built in 1901.
How long has 349 Adams St, Boston MA 02122 been on the market?
349 Adams St, Boston MA 02122 has been listed for 4 days (since June 3, 2026).
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 5.2%, with a Signal Score of 88/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,499,000 across 3 units, that works out to roughly $499,667 per unit.
What are the property taxes on 349 Adams St, Boston MA 02122?
Annual property taxes are $13,087 (2025), on an assessed value of $1,130,100.
What is the price per square foot?
At $1,499,000 for 4,302 sqft, that's about $348 per square foot.
Where is this property located?
349 Adams St, Boston MA 02122 is in Boston, Suffolk County, MA 02122.
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