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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2026-09-03

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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20 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 0212720 Grimes Street Boston MA 02127
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  • 12Bedrooms
  • 10Bathrooms
  • 4,313Square Feet
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.
Listed by Adam Burns of Burns Realty & Investments

Listing Sold by Compass

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Basic Information

  • Contingency Inspection
  • Gross Income $241,800
  • Mls StatusSold
  • Parcel Number 1412799

Location

  • Address20 Grimes Street
  • Building Number20
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetGrimes Street
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02127

Interior

  • Flooring Tile, Hardwood

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Tax Information

  • Tax Assessed Value $2,315,000
  • Tax Year 2025
  • Taxes$26,808

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 9
  • Bedrooms12
  • Full Bath8
  • Half Baths2

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Garage Spaces4
  • Levels 9
  • Patio And Porch Features Patio, Patio - Enclosed
  • Rooms27
  • Stories9
  • Units3
  • Year Built1885
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Water Body

  • Miles to Beach1
  • Waterfront Features 1/2 to 1 Mile To Beach

Parking

  • Covered Spaces 4
  • Garage YN Yes
  • Parking Features Leased
  • Parking Spaces4

Basic Information

  • GO-List Price$3,100,000
  • MLS Number73373831
  • Modification Date07/10/2025
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date05/22/2025
  • Sale Date07/09/2025
  • Sale Price$3,000,000

Property

  • Acreage0.06

Exterior

  • Fencing Fenced/Enclosed

Property Information

  • Building Area Source Owner
  • Living Area 4,313
  • Lot Size Square Feet 2,564
  • Lot Size Units Acres
  • Square Feet4,313

Other

  • Date Listed05/13/2025
  • Farm Land Area Units Square Feet

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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