$2,300,000

48 Boylston St Boston, MA 02130

$10,000
Closing credit¹
6 beds
6 full
4,992 sqft
0.1 acres
$461 / sqft
Multi-Family

Property details

About 48 Boylston St

UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.

Highlights

Home typeMulti Family
HeatingSteam, Oil, Other
StatusActive
(New)
CoolingWall Unit(s)
Size4,992 sqft
BasementYes
Lot size0.11 Acres
Year built1905
MLS #73343796

Summary

  • MLS Number: 73343796
  • MLS Name: MLS Property Information Network
  • Office Name: Focus Real Estate
  • Office Phone: (617) 676-4082
  • Listing Agent: Bunny Cecchetto

IDX 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: 3/12/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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townhome / multi-family property featuring a porch and a balcony

$2,300,000

48 Boylston St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

John F. Kennedy Elementary School

Public District PK-5

0.3 mi

7 Bolster St

6

Ellis Mendell Elementary School

Public District PK-5

0.3 mi

164 School St

2

David A. Ellis Elementary School

Public District PK-5

0.8 mi

302 Walnut Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $97,955. The most common annual income of people living in Boston, MA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

9%
<35k
42%
35k-100k
34%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
1%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
1%
12-17 yrs old
50%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 48 Boylston St in Boston, MA and zip code 02130 in the Hyde Square neighborhood. This 4,992 square foot home, which was built in 1905, sits on a 0.11 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $2,300,000.

While more than 51 listings in Boston, MA in February 2025 were sold above asking price, there were more than 36 listings sold at asking price, and more than 119 were sold below. In February 2025 in Boston, MA there were 11.9% more homes for sale than in January. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $832,546.

From Rocket Homes Real Estate and based on county public records data.

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