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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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114-116 Thornton St , Boston, MA 02119
$1,800,000
Est. Payment: $4,000.00/mo
12 Bed
6 Bath
3852 Sqft
Status: New | Days on site: 1
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AN3337 - TM334200
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House 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.

Highlights

Listed by Mission Realty Advisors , 617-942-1609 Compass , 617-752-6845.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1890

County

Suffolk

Area

Roxbury's Fort Hill

Listing ID

73578206

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Hardwood
Other:
  • Additional:Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Dining Room, Kitchen, Living Room
Water:Public

Exterior Features

Lot:Gentle Sloping
Garage Capacity:0
Zoning:0012
Roof:Rubber
Sewer:Public Sewer
Parking Features:On Street

Open House

Upcoming Open Houses
Saturday 1:00 pm - 2:00 pm Sep 19
Principal Interest
$4,000
Taxes
$1,326

Home Price

$1,800,000

Loan Details

30 yrs
%

Down Payment

20%
$360,000
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Monthly Price:
$4,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,000.00 $1,326.41 $0.00 $5,326.41
Yearly $48,000.00 $15,916.88 $0.00 $63,916.88
Total $1,440,000.00 $477,506.40 $0.00 $1,917,506.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.