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Peter Pezzano

peter@pezzanogroup.com +1(617) 913-2730

$ 3,150,000

Est. payment -/mo

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Pending

9 Carmel Street Boston, MA 02120

13 Beds

6 Baths

3,088 SqFt

UPDATED:

11/25/2024 06:57 PM

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 3,088 sqft

Price per Sqft $1,020

MLS Listing ID 73310040

Bedrooms 13

Full Baths 6

Year Built 1905

Annual Tax Amount $20,228

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Prime investment opportunity in Boston's coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the "bottom of the hill" near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment. Updated with new electrical and plumbing systems, along with low-maintenance vinyl siding, this property is easy to manage and maintain. Located a short distance from Longwood Medical Area, Orange Line at Roxbury Crossing and Green Line at Brigham Circle (both a quarter-mile away), this investment promises strong rental demand and long-term value. Don’t miss this solid income-generating property in one of Boston’s most desirable neighborhoods, close to universities and major employers.

Location

State MA

County Suffolk

Area Mission Hill

Zoning 3f

Direction Tremont street to Carmel Street

Rooms

Basement Walk-Out Access

Interior

Flooring Wood, Tile

Exterior

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Utilities Available for Gas Range, for Gas Oven

Roof Type Rubber

Garage No

Building

Story 6

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Compass

Peter Pezzano

Agent | License ID: 9520972

+1(617) 913-2730

Peter Pezzano

9 Carmel Street Boston, MA 02120

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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9 Carmel Street