164 Boylston Street, Boston MA 02130
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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About this home
Fully tenanted, cash-flowing and just three blocks from the Stony Brook T, this three-family built in 2006 offers a standout investment in one of Jamaica Plain's best locations. Offering three spacious residences and four off-street parking spaces, 164 Boylston combines the benefits of newer construction with meaningful future upside to increase cash flow. The unit mix includes one 2-bedroom, 2-bath residence and two 3-bedroom, 2-bath residences. Each features a primary bath, granite countertops, stainless steel appliances, central air, in-unit laundry, and separately metered heat, hot water and electricity. The second and third floor residences each enjoy a private rear balcony, while the first-floor unit is wheelchair accessible. Additional amenities include three large private basement storage rooms, individual power-vented hot water tanks and a building-wide sprinkler system. Fully tenanted, the property currently generates $10,375 per month and $124,500 annually in gross rental income. Current rents are below market rent, providing an opportunity to increase income over time while the property is already producing positive cash flow at today's rents. Projected rents for the 2027/2028 rental cycle total $11,700 per month and $140,400 annually, representing approximately $15,900 in additional annual gross rental income as leases turn over. The location also offers convenient access to the Longwood Medical Area, one of Boston's major employment and education centers. Closer to home, residents enjoy easy access to the Orange Line, Southwest Corridor, Café Ula, Chilacates, Mike's Fitness, the Sam Adams Brewery, Jamaica Pond, Franklin Park and Jamaica Plain's extensive collection of restaurants, shops and neighborhood amenities. A compelling opportunity to acquire a turnkey, cash-flowing multifamily property with parking, modern systems, strong in-place income and meaningful long-term upside in one of Boston's most established rental markets.
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Listed for Sale
Oct 6, 2026Previous Transaction - MLS #72732393
Previously Sold
Jan 15, 2021Previous Transaction - MLS #72464824
Previously Sold
May 9, 2019| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/06/2026 | 🏠 Listed for Sale | $1,500,000 | - | - | Original listing |
| 01/15/2021 | 🏷️ Previously Sold | $1,400,000 | - | - | MLS #72732393 |
| 05/09/2019 | 🏷️ Previously Sold | $1,500,000 | - | - | MLS #72464824 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $17,060 | $1,375,800 |
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Jamaica Plain
164 Boylston Street, Boston MA 02130
Boston, MA 02130
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