20 Grimes Street Boston MA 02127 MLS #73373831

20 Grimes Street
Boston, MA, 02127
$3,100,000
12 Beds
9 Baths
4,313 SqFt
0.06 Acres
$3,100,000
20 Grimes Street
Boston, MA, 02127
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.

Property Details

Price:
$3,100,000
MLS #:
73373831
Status:
Active
Beds:
12
Baths:
9
Address:
20 Grimes Street
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
South Boston
City:
Boston
Listed Date:
May 13, 2025
State:
MA
Finished Sq Ft:
4,313
Total Sq Ft:
4,313
ZIP:
02127
Lot Size:
2,564 sqft / 0.06 acres (approx)
Year Built:
1885
Units:
3

Schools

Interior

Bathrooms
8 Full Bathrooms, 2 Half Bathrooms
Flooring
Tile, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Leased
Parking Spots
4

Financial

Net Operating Income
$186,155
Tax Year
2025
Taxes
$26,808
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Burns Realty & Investments. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
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20 Grimes Street
Boston, MA