New

$1,500,000

For Sale

5 days ago

164 Boylston St, Boston, MA

Name: 164 Boylston St, For Sale in Boston - eXp Realty
Brand: Compass
SKU: 73587007
Price: 1500000 USD

House

MLS® 73587007

8 Bed

6 Bath

3278 sqft

4 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 3278 sqft

Garage

Taxes $17,060

Days Active 5

Lot Size 0.08 Acres

Approx. Age 2006

Avg. Price Per Sqft $457

MLS® Number 73587007

Property Address: 164 Boylston St, Boston, MA, 02130-5070

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number73587007

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2006

BasementFull, Finished, Concrete

DrivewayPaved Drive, Off Street, On Street

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 6, 2026List Date

$1,500,000List Price

-End Date

Not Sold YetSold Price

For Sale

May 5, 2026List Date

$1,569,000List Price

Commute

Commute

Starting Address

Destination Address

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