20 Grimes St Boston, MA 02127
Property details
About 20 Grimes St
Exceptional opportunity to own a turn-key 3-unit multifamily asset in one of Boston’s most sought-after neighborhoods. This well-maintained property delivers strong in-place income and a 6% cap rate, ideal for investors seeking immediate cash flow with long-term growth potential. Each unit features 4 bedrooms with modern finishes and consistent rental history. The building sits above 4 garage parking spaces—an increasingly rare and valuable amenity in South Boston. Perfectly located near public transportation, restaurants, shops, and major commuter routes, this property benefits from strong tenant demand and low vacancy. An ideal addition to any investment portfolio.
Highlights
(New)
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 8
- Flooring Type: Tile, Hardwood
- Total Bedroom Count: 12
- Garage Space: 4 spaces
- Parking: Leased
- Waterfront: Beach
- List Price: $3,100,000
- Price/SqFt: $718
- Directions: W 8th Street --> Grimes Street
- Year Built: 1885
- Stories: 9
- Living Area: 4,313 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73373831
- MLS Name: MLS Property Information Network
- Office Name: Burns Realty & Investments
- Office Phone: (857) 496-7187
- Listing Agent: Adam Burns
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,100,000
20 Grimes St
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Price information
Property sales
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Tax history
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Nearby schools
2
Michael J. Perkins Elementary School
Public District KG-5
0.2 mi
•50 Burke St
2
Joseph P. Tynan Elementary School
Public District PK-5
0.7 mi
•650 E 4th St
3
William E Russell
Public District PK-5
1.0 mi
•750 Columbia Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,838. The most common annual income of people living in Boston, MA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
H&M
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
BMW
Audi
Volkswagen
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
This home is located at 20 Grimes St in Boston, MA and zip code 02127 in the South Boston neighborhood. This 4,313 square foot home, which was built in 1885, sits on a 0.06 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $3,100,000.
In April 2025, from all listings sold in Boston, MA there were more than 136 sold above asking price, over 160 sold below and more than 52 were sold right at the asked price. In April 2025 in Boston, MA there were 31.8% more homes for sale than in March. In April 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $840,482.