124-128R Terrace St, Boston MA 02120

Boston, MA 02120 • Mission Hill
$3,450,000
Est. $20,749/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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14
Beds
8
Baths
5,737
Sq Ft
$601
Price/Sq Ft
0.09
Acres
1880
Year Built
2
Garage Spaces
7 hours 37 minutes
Time on Market
For Sale Listed Sep 23, 2026 • MLS# 73581795 Copied! • Updated Sep 23, 2026

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About this home

Call for offers - 110-128R Terrace Street is an 18,000 sqft site which is ZBA approved for 79 residential apartments with first floor retail and garage parking. $5,2M with ZBA approvals. The site is comprised of 5 parcels. This listing is three continguous residential buildings at 124, 126 & 128R Terrace, listed for $3.45M and is a 3 family with TAW, a 3 fam which is already vacant and a single family with a TAW. Being sold with MLS# 73581797, which is a corner commercial building at 110-118 Terrace St that has 2 TAW businesses, both aware of the development/preparing to vacate & the adjacent 3539 sqft lot, considered 120 Terrace St. The asking price for just the real estate as is, $4.99M. Ask agent for details and planned development context map for Terrace St.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 23, 2026
$3,450,000
Original listing
Agent: Matthew O Hara Office: Blair Capital, LLC

Tax History

Year Taxes Assessment
2026 $37,246 $3,003,700

Financial Details

Annual Property Tax
$37,246
Tax Year 2026
Assessed Value
$3,003,700

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1880
Living Area 5,737 sq ft
Lot Size 0.09 acres
Stories 6
Bedrooms 14
Full Baths 8
Total Rooms 29

Investment Metrics

Units 7
Unit 1 Rent $2,600/mo · N
Unit 2 Rent $1,700/mo · N
Unit 3 Rent $1,800/mo · N
Unit 4 Rent — · N
Total Monthly Rent $6,100/mo
Gross Income $73,200
Net Operating Income $73,200
Cap Rate 2.12%
Heating None
Cooling None
Flooring Wood, Tile, Vinyl
Appliances None
Fireplace None
Basement Finished, Walk-out Access, Dirt Floor, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features On Street
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $37,246
Assessed Value $3,003,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Broker Has Ownership Interest
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures combined for all three buildings
Documents None
County Suffolk

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
14
Full Bathrooms
8
Living Area
5,737 sq ft
Total Rooms
29
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances:
Interior Features:
Windows:
Basement: Finished, Walk-Out Access, Dirt Floor, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: On Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,104
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Mission Hill

124-128R Terrace St, Boston MA 02120

Boston, MA 02120

Listing Information

Listing Agent Matthew O Hara
Listing Office Blair Capital, LLC
Office Phone 617-202-0000
Agent MLS ID BB805797
Office MLS ID AN2962
Listing Data Updated Sep 23, 2026 4:31 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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