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$3,100,000
24 Days On Site
20 Grimes StreetBoston, MA 02127
For Sale|Triplex|Pending
12
Beds
10
Total Baths
8
Full Baths
2
Partial Baths
4,313
SqFt
$719
/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
Price
$3,100,000
Days On Site
24 Days
Bedrooms
12
Inside Area (SqFt)
4,313 sqft
Total Baths
10
Full Baths
8
Partial Baths
2
Lot Size
0.06 Acres
Year Built
1885
MLS® Number
73373831
Status
Pending
Property Tax
$26,808
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
Recent Activity
| yesterday | Listing updated with changes from the MLS® | |
| yesterday | Status changed to Pending | |
| 4 weeks ago | Listing first seen on site |
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
Waterfront Features
Beach Front
Community Features
Community Features
PoolTennis Court(s)ParkStable(s)Golf
MLS Area
South Boston
Listing courtesy of Adam Burns of Burns Realty & Investments
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.
Last checked 2025-06-07 10:27 AM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.
Last checked 2025-06-07 10:27 AM UTC
Neighborhood & Commute
Source: Walkscore
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