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9 Carmel Street, Boston MA 02120 – 13 bed 6 bath For Sale – 73310040

$ 3,150,000
9 Carmel Street, Boston MA 02120, ,

Overview

  • Updated On:
  • December 14, 2024
  • listingid
  • 73310040
  • 13 Bedrooms
  • 6 Bathrooms
  • 0 Garage Spaces
  • 0 Total Parking
  • 1905
  • HOA Fee

Description

Prime investment opportunity in Boston’s coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the “bottom of the hill” near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment. Updated with new electrical and plumbing systems, along with low-maintenance vinyl siding, this property is easy to manage and maintain. Located a short distance from Longwood Medical Area, Orange Line at Roxbury Crossing and Green Line at Brigham Circle (both a quarter-mile away), this investment promises strong rental demand and long-term value. Don’t miss this solid income-generating property in one of Boston’s most desirable neighborhoods, close to universities and major employers.

Property Details

Property Id: 443057
Price: $ 3,150,000
Property Size: 3,088.00 ft2
Property Lot Size: 0.06 ft2
Rooms: 20
Bedrooms: 13
Bathrooms: 6
Full Bath: 6
Total Bathrooms: 6
Disclosures: N
Basement: Walk-Out Access
Last Updated: 2024-11-25T19:01:46.316Z
Building Area Source: Public Records
Building Area Total: 3088
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University
Construction Materials: Frame
Directions: Tremont street to Carmel Street
Expiration Date: 1900-01-01
Fencing: Fenced/Enclosed,Fenced
Financial Data Source: Owner
Flooring: Wood,Tile
Foundation Details: Concrete Perimeter,Stone
Gross Income: 222600
List Agent MlsId: TM334200
List Office MlsId: AN2383
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-11-06
Listing ID: 73310040
Lot Size: 0.06
Lot Size SqFt: 2430
Lot Size Units: Acres
Anticipated Sale Date: 2025-01-15T05:00:00.000Z
Date Available: No
Bedroom 1: 4
Bedroom 2: 5
Bedroom 3: 5
Bath 1: 2
Bath 2: 2
Bath 3: 2
Lead Paint: Unknown
Lease 1: Y
Lease 2: Y
Lease 3: Y
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Listing Alert: No
Price Per SqFt: 1020.08
Days in Market: 19
Total Days on Market: 19
Open House: 1
MLS PIN Page: 102
Price Per SqFt: 1020.08
Unit 1 Rent: 5800
Unit 2 Rent: 6500
Unit 3 Rent: 6250
Living Area Includes Basement: No
Team Member: NB113206,CN211811
MLS Status: Under Agreement
Last Updated: 2024-11-25T18:57:00.000Z
Net Operating Income: 222600
Number Of Units: 3
Off Market Date: 2024-11-25
Original List Date: 2024-11-06T15:29:00.000Z
Original List Price: 3150000
Parcel Number: 3399726
Parking Features: On Street
Patio And Porch Features: Porch,Deck
Purchase Contract Date: 2024-11-25
Road Type: Public
Roof: Rubber
Sewer: Public Sewer
State: MA
Status Change Time: 2024-11-25T18:57:00.000Z
Total Stories: 6
Tax Annua lAmount: 20228
Tax Assessed Value: 1838400
Tax Book Number: 55006
Tax Year: 2024
Total Actual Rent: 18550
Utilities: for Gas Range,for Gas Oven
Water Source: Public
Year Built: 1905
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: 3f

Payment Calculator

$ 18,048.67
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 15,108.67

Amenities and Features

Other Features
Open Parking

Property Address

Address: 9 Carmel Street, Boston MA 02120
City:
State/County:
Zip: 02120
Country: US

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9 Carmel Street, Boston MA 02120 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

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