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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 4,313 sqft |
| Lot size | 2,564 sqft |
| Year built | 1885 |
| Price / sqft | $696 |
| County | Suffolk |
| MLS # | 73373831 |
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 20 Grimes Street, Boston MA 02127 have?
It is a 3-unit multi-family property with 4,313 sqft of living area, built in 1885.
What is the price per unit?
At a list price of $3,100,000 across 3 units, that works out to roughly $1,033,333 per unit.
What is the price per square foot?
At $3,100,000 for 4,313 sqft, that's about $696 per square foot.
Where is this property located?
20 Grimes Street, Boston MA 02127 is in Boston, Suffolk County, MA 02127.
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