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$3,000,000
20 Grimes StreetBoston, 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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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 ago | Listing 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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