Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

83-85 Highland Street

Roxbury's Fort Hill - Boston, MA ID #73577201

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83-85 Highland Street

Roxbury's Fort Hill - Boston, MA ID #73577201

Property Description

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.

Additional Details

  • Status: NEW
  • Type: Multi-Family, Triplex
  • Area: Roxbury's Fort Hill
  • Zip Code: 02119
  • Taxes: 12,776
  • Levels: 3
  • Acres: 0.04

Parking

  • Parking: On Street

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 27
  • Has Basement: Yes

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Mission Realty Advisors of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.