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$3,100,000
18 Days On Site

20 Grimes Street
Boston, MA 02127

For Sale|Triplex|Active Under Contract
12
Beds
10
Total Baths
8
Full Baths
2
Partial Baths
4,313
SqFt
$719
/SqFt
1885
Built
County:
Suffolk

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20 Grimes Street20 Grimes Street20 Grimes Street20 Grimes Street
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Exceptional opportunity to own a turn-key 3-unit multifamily asset in one of Boston’s most sought-after neighborhoods. This well-maintained property delivers strong in-place income and a 6% cap rate, ideal for investors seeking immediate cash flow with long-term growth potential. Each unit features 4 bedrooms with modern finishes and consistent rental history. The building sits above 4 garage parking spaces—an increasingly rare and valuable amenity in South Boston. Perfectly located near public transportation, restaurants, shops, and major commuter routes, this property benefits from strong tenant demand and low vacancy. An ideal addition to any investment portfolio.

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Listing Snapshot
Price 
$3,100,000
Days On Site 
18 Days
Bedrooms 
12
Inside Area (SqFt) 
4,313 sqft
Total Baths 
10
Full Baths 
8
Partial Baths 
2
Lot Size 
0.06 Acres
Year Built 
1885
MLS® Number 
73373831
Status 
Active Under Contract
Property Tax 
$26,808
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
3 weeks agoListing first seen on site
General Features
Acres 
0.06
Disclosures 
All three units have leases in place through 8/31/2025. Unit 2 signed lease renewal $6,300/month through 8/31/2026. Unit 1 & 3 can be leased for 9/1 if buyer desires. Additional monthly rent income from garage parking spaces of $1,300/month. Listing Broker has ownership interest in property.
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
9
Parking 
Leased
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
4313
SqFt Total 
4313
Water Source 
Public
Zoning 
R3
Interior Features
Flooring 
TileHardwood
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Exterior Features
Construction Details 
Frame
Patio And Porch 
Patio
Waterfront Features 
Beach Front
Community Features
Community Features 
PoolTennis Court(s)ParkStable(s)Golf
MLS Area 
South Boston
Listing courtesy of Adam Burns of Burns Realty & Investments



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-06-01 05:23 AM UTC

Neighborhood & Commute
Source: Walkscore
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