Home Homes for Sale 83-85 Highland Street, Boston MA 02119
$2,475,000
$431/sqft · Boston, MA
15Beds
6Baths
5,748Sqft
0.04 acresLot Size
83-85 Highland Street, Boston MA 02119
Active Listed 4 days ago
3 Family Built in 1900 0.04 Acre Lot

What's Special

3 FamilyBuilt in 1900

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston’s most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston’s largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.

Location

Property Details

Core Details

Property Type3 Family
Year Built1900
Parcel Number3395226
Zoning0013
Stories3
MLS #73577201

Space & Sizing

Living Area5,748 sqft
Above Grade5,748 sqft
Total Rooms27
Bedrooms15
Bathrooms6
Lot Size0.04 acres

Features & Systems

Open Parking0
ConstructionBrick
FoundationConcrete Perimeter
RoofRubber
CoolingCentral Air, Window Unit(s)
HeatingNatural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Dishwasher Disposal Dryer Microwave Oven Refrigerator Washer
Community Features
Park Public School Public Transportation Shopping
Flooring
Hardwood Wood
Interior Features
Bathroom with Shower Stall Bathroom With Tub Kitchen Living Room Open Floorplan Smart Thermostat Stone/Granite/Solid Counters Storage
Levels
3
Lot Features
Corner Lot
Lead Paint
Unknown
Parking Features
On Street
Rent Includes
Unit 1(Water) Unit 2(Water) Unit 3(Water)

Additional Information

Disclosures: Buyer to own due diligence.

Directions: gps

Financial Details

Annual Taxes$12,776 (2027)
Assessed Value$730,000
Gross Income$200,700
Net Operating Income$200,700
Tax Book Number66958
Listed on Sep 15, 2026 Contract signed Sep 15, 2026 Updated Sep 19, 2026 7:05 AM Suffolk County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73577201

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