9 Carmel Street Boston MA 02120 MLS #73310040

9 Carmel Street
Boston, MA, 02120
$3,150,000
13 Beds
6 Baths
3,088 SqFt
0.06 Acres
$3,150,000
9 Carmel Street
Boston, MA, 02120
Prime investment opportunity in Boston’s coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the “bottom of the hill” near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment. Updated with new electrical and plumbing systems, along with low-maintenance vinyl siding, this property is easy to manage and maintain. Located a short distance from Longwood Medical Area, Orange Line at Roxbury Crossing and Green Line at Brigham Circle (both a quarter-mile away), this investment promises strong rental demand and long-term value. Don’t miss this solid income-generating property in one of Boston’s most desirable neighborhoods, close to universities and major employers.

Property Details

Price:
$3,150,000
MLS #:
73310040
Status:
Active
Beds:
13
Baths:
6
Address:
9 Carmel Street
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
Mission Hill
City:
Boston
Listed Date:
Nov 6, 2024
State:
MA
Finished Sq Ft:
3,088
Total Sq Ft:
3,088
ZIP:
02120
Lot Size:
2,430 sqft / 0.06 acres (approx)
Year Built:
1905
Units:
3

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Wood, Tile

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$222,600
Tax Year
2024
Taxes
$20,228
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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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