MA
Suffolk
Boston
02119
114-116 Thornton Street
114-116 Thornton Street, Boston, MA 02119
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Listing Type
Multi Family
Listing Status
Active
40
$1,800,000

Home Details for 114-116 Thornton Street

Price
$1,800,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
6
Full Bathrooms
6
Square feet
3852
Year built
1890
Lot size acres
0.09
County
Suffolk
Total rooms
24
Basement
Full, Interior Entry, Concrete
MLS Listing#
73578206
Property 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.

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
    • Steam
    • Zoned
  • Basement
    • Full
    • Interior Entry
    • Concrete
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Compass - 617-752-6845
Presented by: Mission Realty Advisors
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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