83-85 Highland Street, Boston, MA 02119
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
83-85 Highland Street,Boston, MA 02119
$2,475,000
- 15 Beds
- 6 Baths
- 5,748 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Fri, Sep 2501:00 pm - 02:00 pm
Listed by: mission realty advisors
Office: compass
MLS#:73577201
Source:MLSPIN
Price summary
- Price:$2,475,000
- Price per sq. ft.:$430.58
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:73577201
- Updated:September 23, 2026 at 11:16 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:27
- Flooring:Hardwood, Wood
- Bathrooms Description:Bathroom with Shower Stall
- Kitchen Description:Dishwasher, Disposal, Kitchen, Microwave, Oven, Refrigerator
- Basement Description:Dirt Floor
- Living area:5,748 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1900
- Building area:5,748 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Corner Lot
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,475,000
- Price per sq. ft.:$430.58
- Tax amount:$12,776 (2027)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Open Floorplan, Storage
Parking
- Parking description:On Street
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