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.
Sold for $3,020,000 on 01/23/25
$3,020,000
9 Carmel St, Roxbury, MA 02120
13beds
3,088sqft
3 Family - 3 Units Up/Down
Built in 1905
-- sqft lot
$2,978,500 Zestimate®
$978/sqft
$3,543 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 23, 2025 at 12:49pm
Listed by:
Mission Realty Advisors,
Compass
Bought with:
Groma Team
Groma Realty, LLC
Source: MLS PIN,MLS#: 73310040
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Wood, Tile
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,088
- Total interior livable area: 3,088 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck
- Fencing: Fenced/Enclosed,Fenced
Lot
- Size: 2,430 sqft
Details
- Parcel number: 3399726
- Zoning: 3f
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter, Stone
- Roof: Rubber
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & neighborhood
Community
- 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
Location
- Region: Roxbury
HOA & financial
Other financial information
- Total actual rent: 18550
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Estimated market value
$2,978,500