Multi-Family Investment Properties for Sale in Boston's Core Neighborhoods

Below you will find current listings for multi-family investment properties for sale in Boston and the surrounding areas. Contact us if you have any questions. Create an account to save your favorite multi-family investment property listings and to receive email notifications when similar properties become available. 

78 Chandler Street Boston MA 02116

MLS Number 73023311

  • MultiFamily
  • Bedrooms 6
  • Bathroom 4
  • Square Feet 3,700

Classic South End three family townhouse with owner's triplex and two rental units, on beautiful Chandler Street, around the corner from Copley Square! The gracious entry hall has the beautiful original staircase and crown moldings. The penthouse triplex with over 2,100 square feet has three large bedrooms plus a fourth large room that can serve as a bedroom or home office, central AC and private laundry. Dramatic skyline views from the living/dining/eat-in kitchen level, with a full staircase up to a very large private roof deck with gas, water and electricity. The skylit kitchen has gas cooking and a vented hood, with ample storage and work space and a breakfast bar for stools. There is a large storage area downstairs for bicycles, strollers and sporting equipment, as well as common laundry for Units 1 and 2. Unit 1 is a charming studio with a sunny private garden. Unit 2 is a sun-filled one bedroom floor-through with lovely original detail, high ceilings and hardwood floors.

Listed by John Neale & Bradford Sprogis of Sprogis & Neale Real Estate

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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19 Stephen Street New Bedford MA 02740

MLS Number 73022991

  • MultiFamily
  • Bedrooms 9
  • Bathroom 3
  • Square Feet 3,276
  • Parking Spaces 6

No showings until open houses: Sat. 8/13, 10-12 & Mon 8/15, 4-6. Highest & best offers due by 8/16/22 @ 5pm. Large, well maintained and updated 3-unit multi-family with gleaming hardwood floors. All units are 3 bed/1 bath and come with de-lead certificates. 1st floor has newly re-done kitchen with quartz countertops (2019). Brand new roof (2022) and maintenance free vinyl siding. Basement includes 3 storage units, coin-op washer & dryer, separate electric panels and utilities. House is equipped with new security cameras and DVR. Electric, plumbing, floors, windows and drywall were all updated prior to current ownership. All long-term, good tenants in place with no leases. Huge parking lot with enough space for 6 cars, with a large separately deeded side lot attached. Seller makes no representations as to the buildability of the side lot. (Taxes shown are for both lots combined) Please note: All units are currently rented and photos were taken during vacancy for better visibility.

Listed by Angelique Castriano of Hidden River Realty,LLC

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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77 Joy Street Boston MA 02114

Boston, MA77 Joy Street, Beacon Hill

Price$1,999,000

Est. Mortgage: $/month

MLS Number 73022463

  • MultiFamily
  • Bedrooms 3
  • Bathroom 3
  • Square Feet 2,475
  • Property SubType 3 Family

Attention Developers, Landlords + Homeowners interested in a rare opportunity to invest in or convert this MF property to a Single Family, conveniently located close to MGH, Cambridge St., Whole Foods, State House + Charles Street. First time for sale in over 40 years, this 3-level mid-century building (c.1955) currently has (3) separate floor-through units, with a total building area of 2,475sqft. The entrance is set back from the front sidewalk with a lovely cherry blossom tree. Top floor #3 is a sunny and bright 1BR/1BA Unit offering an open kitchen/living/dining layout, with walk-in closet, and large bedroom, high ceilings, HW floors, and 2 large skylights with natural light streaming through the front + rear windows. Parlor level #2 is a 1BR/1BA Unit that offers open kitchen/living/dining layout, decorative brick fireplace, cedar closet, large bedroom, and HW floors throughout. The lower level Unit #1 studio space (500sqft+) has slate flooring and overlooks the front stone garden.

Listed by Donahue Realty Group and Mary Beth Kelley of Keller Williams Realty Boston-Metro | Back Bay

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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299 Beacon Street Boston MA 02116

Boston, MA299 Beacon Street, Back Bay

Price$5,500,000

Est. Mortgage: $/month

MLS Number 73019966

  • MultiFamily
  • Bedrooms 10
  • Bathroom 9
  • Square Feet 6,672
  • Property SubType 5-9 Family

Excellent opportunity for a developer or investor to purchase this legacy asset corner brownstone building originally built in 1870 and located in central Back Bay location on the southwest corner of Beacon St at Exeter St. This 4-story building consists of 6 units over five levels including lower level. Owner's unit has a private entrance with direct elevator access to a duplex 2-bed/2.5-bath with original woodwork, fireplace, central air and private roof deck. Additional units include parlor studio, garden level one bed, and three 2-bed apts on parlor, third and top floors. 60 day TAW leases. Showings on select days/times by appt. Don't miss this rare opportunity!

Listed by Frank Carroll of Compass

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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577 Massachusetts Avenue Boston MA 02118

MLS Number 73018439

  • MultiFamily
  • Bedrooms 17
  • Bathroom 4
  • Square Feet 5,500

577 Massachusetts Avenue is comprised over +/- 5,500 GSF and presents investors or owner/occupiers a premier residential redevelopment opportunity. Currently vacant, the offering allows new ownership to begin immediately. 577 Mass Ave is situated in one of Boston's most sought after neighborhoods, the South End. Located between Shawmut and Tremont Streets, residents will have immediate access to the abundance of amenities that make up the area.

Listed by Kevin Benzinger of Boston Realty Advisors

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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67 W Cedar Street Boston MA 02114

MLS Number 73007039

  • MultiFamily
  • Bedrooms 15
  • Bathroom 12
  • Square Feet 6,480
  • Property SubType 5-9 Family

NOTE: OPEN HOUSE Thursday PLEASE EMAIL FOR AVAILABLE TIMES (see Firm Remarks for email). Rare 12-unit building in Beacon Hill, 100% VACANT and ready for immediate renovation to modern apartments or condominiums. Seven (7) two-room studios, two (2) one-beds, and three (3) large duplex 2-beds. Renovate apartments in current layouts or potential to combine into larger units - floor plate line up. Attractive outdoor garden area in the rear. Excellent location walk to Charles St, MBTA Red Line T, Whole Foods, Boston Common, and more. Historic and affluent area will benefit in the future from MGH planned $1.9B expansion along Cambridge St. Potential to rent as furnished short term (30, 60, 90 day) rentals. Outstanding redevelopment and long term hold.

Listed by Carl Christie of Carl Christie

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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535 Newbury Street Boston MA 02115

Boston, MA535 Newbury Street, Back Bay

Price$5,095,000

Est. Mortgage: $/month

MLS Number 72998368

  • MultiFamily
  • Bedrooms 8
  • Bathroom 7
  • Square Feet 4,594
  • Parking Spaces 3

Very rare opportunity to purchase a gut renovation six-family rowhouse, fully leased and 100% turn key! Construction was just completed and included new windows, central HVAC with air conditioning in each unit, new plumbing, new electrical and designer finishes throughout. Highlights include chef's kitchens with quartz counters, professional style Fisher & Paykel appliances, gas cooking, contemporary cabinetry, designer baths with large format floor and wall tiles, hardwood flooring, custom closets and in-unit laundry. The buildings common areas are redone while retaining original details including stained and leaded glass. Superior life safety with sprinkler and fire alarm systems. 3 car surface parking accessed from the rear alley. All units are leased through mid 2023 with gross income eclipsing $264,000 annually. Pro-Forma Available.

Listed by The Residential Group, Sarah Carroll and Scott Johnson of William Raveis R.E. & Home Services

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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912 Beacon Street Boston MA 02215

MLS Number 72998111

  • MultiFamily
  • Bedrooms 11
  • Bathroom 4
  • Square Feet 7,245
  • Parking Spaces 4

Proudly presenting 912 Beacon Street in Boston's bustling Audubon Circle/Fenway neighborhood. This turn-key, 5 unit mixed-use asset, is an incredible addition to any investor's portfolio. Spanning over 7,245 square feet of prime rental space, spread out through one expansive commercial space currently occupied by Sol Azteca, a local boutique dining enclave, and four residential units. The residential units are comprised of one two-bedroom and three three-bedroom, floor through, apartments. Situated steps to the booming and highly invested Fenway area, which now features multiple ultra-luxury high-rise buildings, a plethora of commercial developments, and favorites such as Time Out Market, Trillium, Tatte, and of course Fenway Park. Easy access to downtown via the green-line stop only a block away, Longwood Medical, Storrow Drive, Route 9, and plenty more. With the incredible amount of growth and opportunity, or development potential to expand, the chance to own this will not last long!

Listed by Driggin Stivaletta Real Estate, Seth Driggin and Jeremy Stivaletta of Compass

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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54 Burbank Street Boston MA 02115

MLS Number 72991407

  • MultiFamily
  • Bedrooms 8
  • Bathroom 5
  • Square Feet 2,937

This 5 unit collection of condos in the Fenway area is the perfect acquisition for the investor who wants to break into this core value rental market or for the established investor who wants to bolt on more units to their growing portfolio. Current owner has recently renovated units 17 and 23 with brand new kitchens and baths while also adding AC. Stately building that is comprised mostly of rental units for area student housing. Rock solid rental history with quickly appreciating rents! Rare opportunity at less than $600,000 per door. Unit composition is two 1-beds, two 2-beds and one 3-bed. Be in touch with agent to learn more about proforma or to schedule a tour.

Listed by Jeffrey Hamilton, Kerry D'Ambroise and Jamie Gaines of Columbus and Over Group,LLC

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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10 Follen Street Boston MA 02116

Boston, MA10 Follen Street, South End

Price$3,795,000

Est. Mortgage: $/month

MLS Number 72990085

  • MultiFamily
  • Bedrooms 6
  • Bathroom 5
  • Square Feet 4,240
  • Parking Spaces 2

Opportunity knocks to own a multi-family (3 units) with 2-car parking in the heart of the Southwest Corridor; conveniently located on the South End line this building sits right between the best of the South End & the Back Bay and is steps from Copley Place, Back Bay Train Station, and The Shops at Prudential. Spanning 5.5 levels, this multi is configured with a 2 Bed / 1.5 Bath Street & Garden Duplex (washer/dryer hook-ups), 2 Bed / 1 Bath 2nd Floor Floor-Thru and a 2 Bed / 2 Bath PH Duplex with Loft (walk-out deck with Back Bay Views, central a/c & washer/dryer hook-ups). This well-maintained building has had many upgrades throughout the years and is an ideal turn-key opportunity for the savvy investor.

Listed by Mark Doherty of Coldwell Banker Realty - South End

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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12 Fairfield Street Boston MA 02116

MLS Number 72989912

  • MultiFamily
  • Bedrooms 5
  • Bathroom 5
  • Square Feet 3,918
  • Parking Spaces 1

Rare Offering! Stately Back Bay Brick 2-family with Parking! This wonderful residence with an ideal corner location in the Back Bay enjoys superb exterior and interior architectural detail and sunny, light-filled views of Fairfield and Marlborough Street. Conceived by the firm of Cabot and Chandler in 1879 for Ms. Georgiana Lowell, the property remained in the Lowell family until after 1922. In 1995 when the current owners acquired the home, it had been divided into several apartments; subsequently, 12 Fairfield underwent extensive renovation and restoration with careful attention to combine its beautiful original detail with state-of-the-art amenities. Come see for yourself!

Listed by Aranson Maguire Group of Compass

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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97 Appleton Street Boston MA 02116

MLS Number 72986687

  • MultiFamily
  • Bedrooms 5
  • Bathroom 4
  • Square Feet 3,245
  • Property SubType 4 Family

Well located between Clarendon St. and Dartmouth St., considered part of the desirable Golden Triangle, this brick rowhouse with grand entry staircase, presently consists of 4 updated apartments; 3 one bedroom apartments and a two bedroom garden level duplex with patio. #4 has a private roof deck. Leafy Appleton St. is quiet but close to excellent restaurants, the Orange Line and Commuter rail as well as Amtrak. The neighborhood is well established with families, students, young professionals and longstanding South End residents. This property could easily lend itself to an owner occupant wanting income as well as a condo conversion or as it once was - a single family.

Listed by Barbara Spears of South End Realty Group

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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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110 Saint Botolph Street Boston MA 02115

MLS Number 72984253

  • MultiFamily
  • Bedrooms 5
  • Bathroom 5
  • Square Feet 3,100
  • Parking Spaces 1

Great Buy for Investors! Victorian 3-Family Brownstone on tree-lined street in an upscale Back Bay neighborhood. Unbeatable location within walking distance to MBTA/Green Line and close to the best restaurants and all the entertainment at Fenway Park. Newly renovated roof & roof deck with great city views. Unit 3 features a beautiful wood staircase leading up to a sunny landing directly beneath a skylight and high ceilings. Washer & Dryer combo are in-unit. Unit 2 has two spacious bedrooms and features exposed brick walls and hardwood floors complimenting this luxury rental. Unit 1 is a cozy studio with three large windows allowing plenty of natural sunlight and a beautiful street view. Building includes 1 parking spots in the rear. Steps from a Whole Foods & Star Market, and an easy commute to Downtown, Longwood Medical Area, Prudential Center, Four Seasons, Copley Place, and Newbury Street Shopping.

Listed by Qian Zhang, Rose Hall and Ying Lin of Blue Ocean Realty,LLC

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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827 Brock Avenue New Bedford MA 02744

MLS Number 72981244

  • MultiFamily
  • Bedrooms 9
  • Bathroom 3
  • Square Feet 3,555
  • Parking Spaces 3

The opportunity is back on! Back on the market due for buyer's financing. As wanted! Beautifull and very well maintained three family home, among the best to found in New Bedford, and in a desirable location. Walking distance to Hazelwood Park and New Bedford West Beach. Three (3) bedrooms per apartment, newer roof, off-street parking for 2/3 cars. Ideal backyard with concrete patio to enjoy the weather and the outdoors. Cleaned and dry basement. First apartment vacant for owner occupant, second and third floor rented. Forced hot water heating on all three floors. Floring; hardwood, laminate, ceramic tile, vinyl, wall-to-wall carpet. A must see!! Please take a look at the photos and video. Stay tune for upcoming Open House!

Listed by Saul Sanchez and Mircia Kelly of Citylight Homes LLC

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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161 Newbury Street Boston MA 02116

Boston, MA161 Newbury Street, Back Bay

Price$10,500,000

Est. Mortgage: $/month

MLS Number 72974692

  • MultiFamily
  • Bedrooms 5
  • Bathroom 2
  • Square Feet 6,912
  • Parking Spaces 6

Tremendous opportunity for investors or OWNER/USER to acquire property in one of Boston’s most sought-after locations. 161 Newbury Street is a 6,912 ± SF mixed-use brownstone building containing three (3) floor-through retail suites and two (2) floor-through apartment units. The building has been well-maintained and owned by the same family for over 40 years. There is off-street (tandem) parking for 6 vehicles.

Listed by Carl Christie of Carl Christie

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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211 West Springfield Street Boston MA 02118

MLS Number 72969924

  • MultiFamily
  • Bedrooms 10
  • Bathroom 10
  • Square Feet 6,315
  • Parking Spaces 4

211-213 West Springfield Street is a trophy asset by every measurable standard. The property was gut renovated and completed in 2021. The property consists of 9 luxury condo-quality apartments with high end finishes throughout, outdoor space and onsite parking. 211-213 West Springfield is in the heart of the South End just steps from restaurant row and the wealth of amenities that make up the area.

Listed by Kevin Benzinger of Boston Realty Advisors

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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 Union Park Street Boston MA 02118

MLS Number 72969695

  • MultiFamily
  • Bedrooms 10
  • Bathroom 6
  • Square Feet 9,941

This trophy property consists of 6 one and two-bedroom spacious apartments as well as 2 premier retail spaces located in one of Boston's most exclusive neighborhoods. 6-14 Union Park Street offers investors true value-add potential through unit renovations, increased rents and base building improvements. Extremely well located in the South End, residents are able to access the wealth of amenities and deep employer base that makes up the area.

Listed by Kevin Benzinger of Boston Realty Advisors

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$
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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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16 Union Park Street Boston MA 02118

MLS Number 72969694

  • MultiFamily
  • Bedrooms 9
  • Bathroom 11
  • Square Feet 9,502

16-24 Union Park Street consists of 9 luxury apartments and 2 premier retail spaces. 100% leased and occupied, the property has been renovated over the past few years offering investors a turn key investment in a high barrier to entry market. Extremely well located in the South End, residents are able to access the wealth of amenities and deep employer base that makes up the area.

Listed by Kevin Benzinger of Boston Realty Advisors

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$
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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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499 Beacon Street Boston MA 02215

Boston, MA499 Beacon Street, Back Bay

Price$5,950,000

Est. Mortgage: $/month

MLS Number 72969688

  • MultiFamily
  • Bedrooms 11
  • Bathroom 9
  • Square Feet 7,804

The property consists of nine apartments in one of the most sought after locations in Boston. The property contains a mix of studio, one-bedroom and two-bedroom apartments at the intersection of Beacon Street and Massachusetts Avenue in Back Bay. The property has been recently renovated with value-add potential remaining through further building improvements. The property is located in close proximity to the Green Line MBTA Station and the amenity rich area.

Listed by Kevin Benzinger of Boston Realty Advisors

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$
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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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9 Spruce Place Boston MA 02108

Boston, MA9 Spruce Place, Beacon Hill

Price$3,500,000

Est. Mortgage: $/month

MLS Number 72968275

  • MultiFamily
  • Bedrooms 4
  • Bathroom 6
  • Square Feet 3,510
  • Property SubType 5-9 Family

9 Spruce Place is a 6 unit apartment building located on the prestigious South Slope of Boston's Beacon Hill neighborhood. This unique offering presents investors with the rarely available opportunity to acquire a multi unit brownstone in one of the most desired locations of Boston (off Spruce Street between Chestnut and Beacon Streets, one block from the Boston Common). This sought after prime location has an impressive history of established long term appreciation paired with high occupancy and rental rates. Consisting of (2) studios and (4) one bedrooms apartments. All operating income and expense information provided by Seller. Buyer to perform own due diligence.

Listed by Kristie X. Aussubel and Mackenzie Baker of Presidential Properties

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$
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$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 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. MLSPIN 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.