1. Massachusetts
  2. Boston
  3. 20 Grimes Street
$3,100,000

20 Grimes Street, Boston, MA 02127

  • 12 beds |
  • 10 baths |
  • 4,313 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1885
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $719/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Pending
Date Added:
May 13, 2025 at 05:00AM
Listing Office:
Burns Realty & Investments : 857-496-7187
Listing Agent:
Adam Burns : 617-564-1167
MLS ID:
73373831

This listing courtesy of Adam Burns, Burns Realty & Investments

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Michael J. Perkins Elementary School

50 Burke St, South Boston, MA, 02127

Grades KG-5

0.20 miles away

J

James Condon K-8 School

200 D St, South Boston, MA, 02127

Grades PK-8

0.29 miles away

B

Boston Collaborative High School

215 Dorchester St, South Boston, MA, 02127

Grades 10-12

0.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.