83-85 Highland Street, Boston, MA 02119
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83-85 Highland Street, Boston, MA 02119
83-85 Highland Street, Boston, MA 02119
83-85 Highland Street, Boston, MA 02119
83-85 Highland Street, Boston, MA 02119
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83-85 Highland Street Boston, MA 02119

15 Beds

6 Baths

5,748 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,748 sqft

Price per Sqft $430

MLS Listing ID 73577201

Bedrooms 15

Full Baths 6

Year Built 1900

Annual Tax Amount $12,776

Tax Year 2027

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type 3 Family

Property Description

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston's most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston's largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women's Hospital, Boston Children's Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.

Location

State MA

County Suffolk

Area Roxbury'S Fort Hill

Zoning 0013

Direction gps

Rooms

Basement Dirt Floor

Interior

Interior Features Storage, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub, Smart Thermostat, Open Floorplan, Living Room, Kitchen

Heating Natural Gas

Cooling Central Air, Window Unit(s)

Flooring Wood, Hardwood

Appliance Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Exterior

Community Features Public Transportation, Shopping, Park, Public School

Roof Type Rubber

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Compass
Sammi (Wai Yi) Ng

Sammi (Wai Yi) Ng

Real Estate Broker & Consultant

+1(617) 833-8856

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83-85 Highland Street