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Adam Dow

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

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34 Circuit St , Boston, MA 02119
$2,650,000
Est. Payment: $5,888.89/mo
17 Bed
8 Bath
7365 Sqft
Status: New | Days on site: 1
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AN3337 - TM334200
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House Description

Rare opportunity to acquire a fully renovated, condo-quality four-family investment property offering a 6.6% in-place cap rate with additional future upside. Ideally positioned between Nubian Square and Fort Hill, 34 Circuit Street offers convenient access to the Longwood Medical Area, Boston Medical Center, Northeastern University, Downtown Boston, public transportation, and the continued development throughout the Roxbury corridor. Spanning approximately 7,365 square feet, the property features four spacious, thoughtfully designed residences with condo quality finishes and desirable unit mix: one 2-bedroom, 2-bath apartment, one 4-bedroom, 1.5-bath apartment, and two expansive 5-bedroom, 2-bath apartments. Each residence features updated kitchens and baths, quality finishes, generous living spaces, and layouts designed for both livability and strong rental performance. Three off-street parking spaces. Currently generating $216,000 in annual gross rental income, the property is 100% occupied with all four units leased through August 31, 2027, providing exceptional income stability from day one. The property is projected to achieve a 7.1% capitalization rate in 2027, offering investors a compelling combination of immediate cash flow and future upside. The condo-quality renovations and strong unit mix make this a truly turnkey multifamily investment. Its larger floor plans, parking, and proximity to major employment, medical, educational, and transportation hubs support continued rental demand. Positioned between Nubian Square and Fort Hill, 34 Circuit Street is well situated to benefit from continued public and private investment throughout the surrounding area. A compelling opportunity for a 1031 exchange, portfolio expansion, or long-term investment, combining scale, stabilized income, quality renovations, parking, and future growth potential in one of Boston's evolving multifamily markets. Pro forma available upon request.

Highlights

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

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1905

County

Suffolk

Area

Roxbury's Fort Hill

Listing ID

73577592

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:17
  • Bathrooms:8
  • Full Bathrooms:7
  • 1/2 Bathrooms:1
Appliances:Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Air Cond:Central Air,Heat Pump
Fireplaces:
Floor:Tile,Hardwood
Other:
  • Additional:Bathroom With Tub & Shower, Living Room, Kitchen, Living RM/Dining RM Combo
Water:Public

Exterior Features

Garage Capacity:3
Zoning:0012
Roof:Rubber
Others:
  • Additional:Balcony/Deck, Balcony
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 3

Open House

Upcoming Open Houses
Thursday 12:00 pm - 1:00 pm Sep 17
Saturday 12:00 pm - 1:00 pm Sep 19
Principal Interest
$5,889
Taxes
$1,213

Home Price

$2,650,000

Loan Details

30 yrs
%

Down Payment

20%
$530,000
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Monthly Price:
$5,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,888.89 $1,213.17 $0.00 $7,102.06
Yearly $70,666.67 $14,558.02 $0.00 $85,224.69
Total $2,120,000.00 $436,740.60 $0.00 $2,556,740.60

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.