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
See this Listing
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
Tax Year
2027
Taxes
$17,060
Map
Community
- Address164 Boylston Street Boston MA
- CityBoston
- CountySuffolk
- Zip Code02130
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
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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Courtesy of Compass. 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.
164 Boylston Street
Boston, MA

