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164 Boylston Street
Boston, MA, 02130
$1,500,000
8 Beds
6 Baths
3,278 SqFt
0.08 Acres
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MLS #73587007 image #0
Open House Oct 10, 2026
01:30 – 03:30
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, CafĂ© 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.

Property Details

Price:
$1,500,000
MLS #:
73587007
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
jamaicaplain
Listed Date:
Oct 6, 2026
Finished Sq Ft:
3,278
Total Sq Ft:
3,278
Lot Size:
3,420 sqft / 0.08 acres (approx)
Year Built:
2006
Units:
3
Jamaica PlainJamaicaplain

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Schools

Interior

Above Grade Finished Area
3278
Bathrooms
6 Full Bathrooms
Flooring
Tile, Hardwood
Levels
3

Exterior

Accessibility Features
Accessible Entrance
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station
Fencing
Fenced/Enclosed
Lot Features
Cleared
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street, On Street
Parking Spots
4
Parking Total
4
Patio And Porch Features
Deck – Wood, Deck – Composite
Stories
3

Financial

Net Operating Income
$124,500
Tax Year
2027
Taxes
$17,060

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Oct 09, 2026
428
Multi Family Listed
128
Avg DOM
468
Avg $ / SqFt
$2,057,329
Avg List Price

Property Summary

    164 Boylston Street Boston MA is a Multi Family for sale in Boston, MA, 02130. It is listed for $1,500,000 To schedule a showing of MLS#73587007 at 164 Boylston Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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