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Guillermo A Molina Jr

info@theomteam.com +1(978) 360-3441

$ 1,800,000

Est. payment | -/mo

12 Beds

6 Baths

3,852 SqFt

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$ 1,800,000

Est. payment | -/mo

Save Virtual Tour

12 Beds

6 Baths

3,852 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,852 sqft

Price per Sqft $467

MLS Listing ID 73578206

Bedrooms 12

Full Baths 6

Year Built 1890

Annual Tax Amount $15,916

Tax Year 2027

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

Updated - Fort Hill - three-family with strong in-place income in one of Roxbury's most desirable residential neighborhoods. Generating $12,870 per month and $154,440 annually in current gross rental income and 6.64% cap rate, 114-116 Thornton Street presents an exceptional opportunity to acquire a renovated, income-producing multifamily property with a proven rental history. Spanning 3,852 square feet, the property features three spacious 4-bedroom, 2-bath residences, creating an impressive 12-bedroom, 6-bath configuration with approximately 1,284 square feet per unit. Each residence offers a generous layout with a large living room, eat-in kitchen, refinished hardwood floors and updated finishes throughout. Kitchens feature granite countertops and stainless steel appliances. Additional features include gas heat, a large shared backyard and free common laundry in the basement with two washers and two dryers. Ideally situated in Fort Hill, approximately one mile from Northeastern University, the property offers convenient access to the Longwood Medical Area, area universities, public transportation, Downtown Boston and the surrounding Roxbury and Mission Hill neighborhoods. With all three residences currently grossing $12,870 a month, 114-116 Thornton Street combines strong in-place income, renovated interiors and a desirable rental configuration with long-term investment potential.

Location

State MA

County Suffolk

Area Roxbury'S Fort Hill

Zoning 0012

Direction Google Maps

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Dining Room, Kitchen, Living Room

Heating Hot Water, Steam, Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer

Exterior

Community Features Public Transportation, Park, Public School, T-Station, University

Roof Type Rubber

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=hov7nENKmA8

Listed by Compass

NEARBY SCHOOLS & PROPERTIES

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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114-116 Thornton Street Boston, MA 02119