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

114-116 Thornton Street

Roxbury's Fort Hill - Boston, MA ID #73578206

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114-116 Thornton Street

Roxbury's Fort Hill - Boston, MA ID #73578206

Property Description

Updated - Fort Hill - three-family with strong in-place income in one of Roxbury’s most desirable residential neighborhoods. Generating $12,870 per month and $154,440 annually in current gross rental income and 6.64% cap rate, 114-116 Thornton Street presents an exceptional opportunity to acquire a renovated, income-producing multifamily property with a proven rental history. Spanning 3,852 square feet, the property features three spacious 4-bedroom, 2-bath residences, creating an impressive 12-bedroom, 6-bath configuration with approximately 1,284 square feet per unit. Each residence offers a generous layout with a large living room, eat-in kitchen, refinished hardwood floors and updated finishes throughout. Kitchens feature granite countertops and stainless steel appliances. Additional features include gas heat, a large shared backyard and free common laundry in the basement with two washers and two dryers. Ideally situated in Fort Hill, approximately one mile from Northeastern University, the property offers convenient access to the Longwood Medical Area, area universities, public transportation, Downtown Boston and the surrounding Roxbury and Mission Hill neighborhoods. With all three residences currently grossing $12,870 a month, 114-116 Thornton Street combines strong in-place income, renovated interiors and a desirable rental configuration with long-term investment potential.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Triplex
  • Area: Roxbury's Fort Hill
  • Zip Code: 02119
  • Taxes: 15,917
  • Levels: 3
  • Acres: 0.09

Parking

  • Parking: On Street

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 24
  • Has Basement: Yes

Location

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114-116 Thornton Street, Boston, MA

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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.