45 Thorndike, Boston, MA 02118

Boston
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
45 Thorndike,Boston, MA 02118
$1,299,999
  • 8 Beds
  • 3 Baths
  • 2,628 sq. ft.
  • Multi-family
  • Active
Listed by: jason g. mahoney esq., jason g. mahoney esq.
Office: vitruvius realty
MLS#:73594957
Source:MLSPIN

Price summary

  • Price:$1,299,999
  • Price per sq. ft.:$494.67

About this home

RARE BELOW MARKET OPPORTUNITY with significant equity and cash flow upside in coming years. Renovated 3 family brick row house in Boston's desirable South End zip code of 02118, including a total of 8 bedrooms, 3 bathrooms and a total of 3,504sqft. All 3 units are rented with high performing leases. Detailed rent roll and full 2025/2026 P&L available upon request. Unit 1: 2 bedroom, 1 bath - $2,278/month (80% AMI), Unit 2: 3 bedroom, 1 bath - $1,948/month (60% AMI), Unit 3: 3 bedroom, 1 bath - $2,500/month (80% AMI). No BPDA restrictions on the sale or buyer qualifications. Rent limit restrictions (AMI percentages above) will expire in 2038, unlocking full market value rents. Full deed restriction details, including title insurance verification of 2038 expiration available upon request. Currently offered at a cap rate of ~5, with substantial upside in future years, as AMI limits increase and with the eventual expiration of deed restriction in 2038. Recent improvements include: full...

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Home facts

  • Year built:1900
  • Listing ID #:73594957
  • Updated:November 08, 2026 at 12:29 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement Description:Full, Unfinished, Walk-Out Access
  • Living area:2,628 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:2,628 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Level
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,999
  • Price per sq. ft.:$494.67
  • Tax amount:$10,149 (2027)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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