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Adam Dow

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

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83-85 Highland St , Boston, MA 02119
$2,475,000
Est. Payment: $5,500.00/mo
15 Bed
6 Bath
5748 Sqft
Status: New | Days on site: 3
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AN3337 - TM334200
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House Description

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston’s most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston’s largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.

Highlights

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

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1900

County

Suffolk

Area

Roxbury's Fort Hill

Listing ID

73577201

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:15
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Air Cond:Central Air,Window Unit(s)
Fireplaces:
Floor:Wood,Hardwood
Other:
  • Additional:Storage, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub, Smart Thermostat, Open Floorplan, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:0
Zoning:0013
Roof:Rubber
Sewer:Public Sewer
Parking Features:On Street

Open House

Upcoming Open Houses
Saturday 11:00 am - 12:00 pm Sep 19
Principal Interest
$5,500
Taxes
$1,065

Home Price

$2,475,000

Loan Details

30 yrs
%

Down Payment

20%
$495,000
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Monthly Price:
$5,500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,500.00 $1,064.67 $0.00 $6,564.67
Yearly $66,000.00 $12,776.00 $0.00 $78,776.00
Total $1,980,000.00 $383,280.00 $0.00 $2,363,280.00

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.