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$3,000,000

20 Grimes Street
Boston, MA 02127

Triplex|Sold 07/09/2025
12
Beds
10
Total Baths
8
Full Baths
2
Partial Baths
4,313
SqFt
$696
/SqFt
1885
Built
County:
Suffolk
Call Now: 401-323-8292
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401-323-8292
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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.

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Listing Snapshot
Bedrooms 
12
Total Baths 
10
Full Baths 
8
Partial Baths 
2
Inside Area (SqFt) 
4,313 sqft
Lot Size 
0.06 Acres
Year Built 
1885
MLS® Number 
73373831
Status 
Sold
Property Tax 
$26,808
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
10 months agoListing updated with changes from the MLS®
General Features
Acres 
0.06
Disclosures 
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.
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
9
Parking 
Leased
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
4313
SqFt Total 
4313
Water Source 
Public
Zoning 
R3
Interior Features
Flooring 
TileHardwood
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Exterior Features
Construction Details 
Frame
Patio And Porch 
Patio
Community Features
Community Features 
PoolTennis Court(s)ParkStable(s)Golf
MLS Area 
South Boston
Neighborhood & Commute
Source: Walkscore
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