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 Features
Property Information:
Year Built: 1905
Living Area: 3,088 SqFt
Listing Office:
Office Name: Compass
Office Phone: (617) 206-3333
Listing Agent: Mission Realty Advisors
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Wood, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 13
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Other
Directions Information:
Directions: Tremont street to Carmel Street
Price Information
Listing Price Info
Price Summary:
List Price: $3,150,000
Price Per SqFt: $1,020/SqFt
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Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $2.3M more than the Median Sold Price and $359/SqFt more than other homes in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73310040
Listing Office:
Office Name: Compass
Office Phone: (617) 206-3333
Listing Agent: Mission Realty Advisors
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/13/2024, 11:55:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Nathan Hale Elementary School
51 Cedar St
Distance between this listing and this school0.66 miles
Public District Grades PK-5
5
/10
John F. Kennedy Elementary School
7 Bolster St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
6
/10
Ellis Mendell Elementary School
164 School St
Distance between this listing and this school1.08 miles
Public District Grades PK-5
Nearby Schools
2
/10
Maurice J. Tobin K-8 School
40 Smith St
Distance between this listing and this school0.12 miles
Public District Grades PK-8
2
/10
James W Hennigan
200 Heath St
Distance between this listing and this school0.54 miles
Public District Grades KG-8
9
/10
Amos A. Lawrence School
27 Francis St
Distance between this listing and this school0.85 miles
Public District Grades KG-8
Nearby Schools
3
/10
Fenway High School
67 Alleghany St
Distance between this listing and this school0.13 miles
Public District Grades 9-12
8
/10
Boston Latin School
78 Avenue Louis Pasteur
Distance between this listing and this school0.39 miles
Public District Grades 7-12
4
/10
Roxbury Preparatory Charter School
120 Fisher Ave
Distance between this listing and this school0.40 miles
The neighbors living near this home have an average income of $38,269. The most common annual income of people living in Boston, MA is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 9 Carmel St in Boston, MA and zip code 02120 in the Parker Hill neighborhood. This 3,088 square foot home, which was built in 1905, sits on a 0.06 acre lot. Features: 13 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $3,150,000.
While more than 106 listings in Boston, MA in October 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 167 were sold below. Between September 2024 and October 2024, Boston, MA real estate market has seen increase in the number of listings by 9.7%. The median list price of listings available in October 2024 was $815,961, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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