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Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston's most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston's largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women's Hospital, Boston Children's Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.
More Info
Basic Information
- Gross Income $200,700
- Lot Features Corner Lot
- Mls StatusNew
- Parcel Number 3395226
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Tax Information
- Tax Assessed Value $730,000
- Tax Year 2027
- Taxes$12,776
Parking
- Open Parking YN Yes
- Parking Features On Street
- Parking Spaces
Rooms
- Bathroom6
- Bathrooms Total Decimal 6
- Bedrooms15
- Full Bath6
Basic Information
- List Price$2,475,000
- MLS Number73577201
- Modification Date09/15/2026
- Property SubType3 Family
Location
- Address83-85 Highland Street
- Building Number83-85
- CountySuffolk
- NeighborhoodRoxbury's Fort Hill
- StateMA
- StreetHighland Street
- SubdivisionRoxbury's Fort Hill
- TownBoston
- Zip02119
Building
- BasementDirt Floor
- Building Area Units Square Feet
- Construction Materials Brick
- FoundationConcrete Perimeter
- Levels 3
- Rooms27
- Stories3
- Units3
- Year Built1900
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.04
Interior
- Flooring Wood, Hardwood
- Interior Features
- Bathroom With Tub
- Bathroom with Shower Stall
- Kitchen
- Living Room
- Open Floorplan
- Smart Thermostat
- Stone/Granite/Solid Counters
- Storage
Exterior
- RoofRubber
Utilities
- Cooling Central Air, Window Unit(s)
- Cooling YN Yes
- Heat SystemYes
- Heating Natural Gas
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 5,748
- Lot Size Square Feet 1,931
- Lot Size Units Acres
- Square Feet5,748
Amenities
- AmenitiesPublic Transportation, Shopping, Park, Public School
- Appliances IncludedOven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Legal
- Zoning13
Other
- Date Listed09/15/2026
- Farm Land Area Units Square Feet
- View Count1
Map Location
Listed by Mission Realty Advisors of Compass
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