Sold
20 Grimes St, Boston, MA
Boston · MA 02127
- $3,000,000
- Price
- 12
- Beds
- 9
- Baths
- 4313
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1885
Units:
3 Units
Lot size:
2,564 Sq.Ft Lot
Price per square foot:
$719 / Sq.Ft
Parking:
4 Garage Spaces · 4 Off Street Spaces
About this home
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.
Neighborhood & Transit
South Boston
20 Grimes St, Boston · MA 02127
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Andrew Red 0.39 mi
Price Insight
- Days on Market:
- 482 days
- Listing Price:
- $3,100,000
- Price per Sq.Ft:
- $719
- Tax Assessment:
- $2,315,000 in 2025
- Taxes:
- $2,234 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 8
- Half Bathrooms
- 2
- Living Area
- 4,313 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4313
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 2,564 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 4 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Fiber Cement Siding
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Adam Burns
- Listing office
- Burns Realty & Investments LLC
- MLS PIN #
- 73373831
- Disclosure
- All three units have leases in place through 8/31/2025. Unit 2 signed lease renewal $6,300/month through 8/31/2026. Unit 1 & 3 can be leased for 9/1 if buyer desires. Additional monthly rent income from garage parking spaces of $1,300/month. Listing Broker has ownership interest in property.